06/16/2026
After several weeks of steady momentum, the Metro DC housing market hit a bit of a slower pace last week. Think of it less as a market slowdown and more as the market deciding to take a walk instead of a sprint.
Here are a few key takeaways:
• New contract activity across the region declined 5.3% year over year.
• Northern Virginia saw the largest drop in weekly contract activity (-17.7%), while Montgomery County (+9.5%) and Prince George’s County (+2.1%) posted gains.
• Average days on market increased slightly, from 33.4 to 35.7 days.
• Luxury activity softened in several areas, with Northern Virginia contracts above $1.5M down nearly 30%.
• Despite the softer week, year-to-date contract activity remains positive across the region. Prince William County continues to stand out with nearly 10% growth in contracts, while Northern Virginia remains up 4.8% year to date.
The bigger picture? This looks more like seasonal normalization than a meaningful shift in market conditions. Buyers and sellers are still active, and the year-to-date numbers continue to tell a much stronger story than one week's headline.
Questions about what these trends mean for your neighborhood or your real estate goals? Let's connect!