DC in a week: July 4-8

This week's Washington DC news relating to the real estate industry

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Need news in a flash? Here’s what’s happening in your community.

The S&P/Case-Shiller Home Price Indices showed Washington D.C.’s average home price to be $213,520 in April. This is 1.8 percent growth over March following 0.7 percent growth from the month before. Since April 2015, average home prices have climbed 1.9 percent in D.C., according to the report.

Just two hours south of Washington D.C., where median rents in certain neighborhoods reach $3,037, sits Richmond, Virginia — the city with the highest percentage of millennials living on their own, according to a Zillow study.

Millennials living solo

Real Trends recently recognized real estate’s best in its 2016 America’s Best Real Estate Agents list, breaking down Washington D.C.’s best performing agents and teams by closed transaction sides and closed sales volume.

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