https://terringwanggroup.com/wp-content/uploads/2025/05/May-2025-Market-Watch.mp4 New listings reached 1,752, representing a 9.8% increase compared to last year and a modest 0.8% rise from the previous week, indicating continued seller confidence and growing inventory. Despite a healthy median list price of $675,000, prices saw a 1.8% dip week-over-week, although still 8.0% higher than a year ago,...
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Memorial Day in Washington, DC (May 26): A Capital Celebration Like No OtherWashington, DC commemorates Memorial Day with a unique blend of patriotism, remembrance, and summer festivities. With iconic monuments, world-class museums, and powerful tributes to military service, the city offers a memorable experience for honoring those who’ve served. Read on for a roundup of can’t-miss...
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How does the market looks? Housing Market trends Condo inventory back to pre-pandemic levels, while the supply of single-family homes remains tight. The overall number of active listings across the Washington D.C. metro area surged 28.1% compared to a year ago, the sixth consecutive month of inventory gains. The condo inventory has increased much more quickly, and the condo supply is now back to...
New listings surge after a slow week. The week ending July 14 had 6,421 new listings come onto the market, a 36.0% surge from the holiday week. The number of new listings is 11.6% greater than the same week last year. Supply has generally been increasing since the beginning of the year, though inventory is still low in many local markets. New contracts are not increasing with supply. There were...
As we reach the midpoint of 2024, the Commercial Real Estate (CRE) market continues to exhibit diverse trends across different sectors. Here’s a detailed analysis of the current state of the office, retail, and industrial markets, shedding light on the challenges and opportunities that lie ahead. Office Sector The office sector remains under pressure, with net absorption still in negative...
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Investment Opportunity: Brick-Front Single-Family Home in Rockville Discover an exceptional investment property in the heart of Rockville! This charming brick-front single-family home is just steps away from the metro and Route 355, offering unparalleled convenience. Property Highlights: Prime Location: Situated in a highly sought-after community, with easy access to transportation and...
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