Hello Friends-
The real estate market in the DMV area continues to show impressive growth, with both median home prices and available inventory increasing by over 10% since last month. This upward trend reflects the persistent demand for housing in the region. This vibrant growth sets the stage for an exciting start to 2025 in the real estate sector, as outlined in our Market Recaps below.
Another trend worth watching is the potential impact of remote work policies on the local housing market. Last week, President Trump issued an executive order directing thousands of federal employees to return to their Washington, D.C., offices five days a week. Local markets that may benefit include D.C., Alexandria, Arlington, and the inner suburbs of Fairfax and Montgomery Counties. Additionally, we may see renewed interest in the condo market, which has cooled since the pandemic.
As the market evolves with these changes, now is the perfect time to prepare for the Spring market. If you or someone you know would like to schedule a buyer consultation or receive our complimentary Buyer Guide, feel free to fill out our Buyer Questionnaire here.
Wishing you a great start to the week!
Sara & Arash