When compared to other large metros the Washington, D.C.-Arlington-Alexandria housing market has performed poorly when it comes to year-over-year and quarterly price appreciation. However, when compared only with its historical performance the DC metro has set price records.
- The year-to-date median home price in DC is $520,000.
- Sub-3 percent year-over-year price appreciation ranks DC among the bottom performing metros nationally.
- Roughly one out of every ten sales in the DC metro involves a distressed home.