"The number of listings on the market grew 10.3% from last month, which is a smaller increase than normal for this time of the year in Washington, D.C., and homes are also selling slower than at the same time last year. Home prices in Washington, D.C. Typically, home price per square foot in Washington, D.C. tend to rise in September. And the most recent data shows that the price per square foot increased by 0.8% compared with the month before."
"In September, there were 2,983 homes for sale in Washington, D.C., which was 10.3% more than the month before and 17.3% more than the same time last year. Meanwhile, active inventory across the nation rose by 0.2% from last month to 1,100,407. Homes in Washington, D.C. take an average of 52 days to sell, according to September figures. This is 12 days less than the previous month and two days more than the same month last year."
Home prices in Washington, D.C. rose moderately month-over-month in September, with a median listing price of $589,225. The number of listings increased 10.3% from the previous month and 17.3% year-over-year, totaling 2,983 homes for sale. Price per square foot in Washington, D.C. rose 0.8% month-over-month while the national price per square foot fell 0.8%. Homes in Washington, D.C. averaged 52 days on the market in September, which was 12 days faster than the prior month and two days slower than the same month last year. Nationally, homes averaged 62 days on the market.
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