November 2024 Washington DC Metro Area Real Estate Market Report

Thumbnail: November 2024 Market Report

Chart: 2025 Home Sales Projection

 

Our market is in a curious place with an administration change in January combined with rising interest rates and still low inventory. Those factors will dictate the relative strength of buyers and sellers in our market. Most analysts predict rates to fall, and most sources predict more homes to sell (see graph above), in 2025 compared to this year. Meanwhile, home prices in our market continue to climb. Watch our full monthly market report for details on the current state of DC-area real estate.

Thumbnail: November 2024 Market Report