BrokerageIndustry News

10 Real Estate Markets to Watch in 2011

An Inman News Special Report

1. Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.Va.

Total population (2009): 5,476,241
Median sales price (Q4 2010): $331,100
Median sales price % change (Q4 '09-Q4 '10): 8.1%
Sales volume (# units sold in 2010): 97,860
Sales volume % change (2009-10): -3.5%
Unemployment rate (Dec. 2010): 5.7%
Foreclosure activity rate (2010): 1 in 49 units
Walk Score: 68

Washington, D.C., was one of only two markets to see year-over-year gains in the most recent Standard & Poor's/Case-Shiller home-price index report, which tracks 20 U.S. metro areas nationally. While 11 of the 20 markets tracked posted new index lows in December, home prices in Washington, D.C., rose 4.1 percent year-over-year.

The area's median home price rose 8.1 percent from fou...

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