The volume of all-cash home sales is on the rise in the District of Columbia, with competition and outside buyers driving the uptick. According to data from RealtyTrac, last year 24.3 percent of all district home sales were cash deals, the highest percentage achieved in more than ten years.
- One in four district homes sales is an all cash deal.
- The most active cash condo buyers in the district are institutional and corporate groups.
- There was a notable spike in DC cash deals during November.