Home is where the Real E$tate is by Fergus

The DMV real estate market moves through Q1 2026 with recorded conditions showing changes in inventory levels, pricing metrics, and transaction timing based on aggregated Bright MLS data across Washington, DC, Arlington County (VA), and Montgomery County (MD), representing the core jurisdictions of the Washington metropolitan housing market. This report reflects March 2026 market activity, with additional inventory comparison data extending into April 2026, alongside select contextual market highlights from the broader reporting period. 📊 Inventory and Supply Conditions Active listings (March 2026):  5,139  (1) Active listings (April 2026):  5,859  (3) Months of Supply (MSI):  4.6  (1) New listings (March 2026):  2,962  (1) These figures represent recorded inventory levels and listing activity across the aggregated DMV dataset. 💰 Pricing Metrics Median list price (March 2026):  $659,000  (1) Median sold price (March 2026):  $670,0...

In most major cities, the relationship between office space and daily life has shifted in ways that are still playing out. Buildings that once operated at full capacity five days a week are now used more selectively—while demand for housing in those same urban cores remains strong .  What’s changed in 2026 is not the concept—but the   scale and the conditions driving it .  This isn’t about empty offices. It’s about a structural shift in how space is used—and what no longer makes sense as office space. A Market in Transition, Not Collapse The most important driver behind this shift is how people are actually using offices today. Office attendance has rebounded meaningfully from pandemic lows, but it has not returned to pre-2020 norms. As of 2025, utilization remained roughly  30% below pre-COVID levels , even at its post-pandemic peak¹. At the same time, hybrid work has settled into a long-term pattern, with many employees in the office  two to three days per wee...