Home is where the Real E$tate is by Fergus

Hello and welcome back to my blog: If you're thinking about buying or selling a home in the DC metro area, here's a rundown of what is happening in our market. As we head into the official summer of 2025, the answer is layered—but ultimately encouraging for both buyers and sellers, depending on your goals. Here's a full breakdown of what’s happening across the DMV, from inventory and pricing to standout neighborhoods and smart buying opportunities.  📊 Where the Market Stands: Inventory, Pricing & Activity After years of historic tightness, inventory across the DMV is  starting to loosen up —but remains below pre-COVID norms. In DC, there are now about  3,100 homes on the market , which is up about 7% year over year. Bright MLS expects a  7.9% increase in total DMV home sales  by the end of the year, so buyer activity is clearly in motion. Home prices  are holding steady or ticking upward. In May: Median home price in DC : ~$710,000 (up ~3% YOY) Typical...