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Washington Market Report

$993,411

AVERAGE PRICE OF 4,003 HOMES

$479,602

AVERAGE PRICE OF 134 DISTRESSED HOMES

$2,386,399

AVERAGE PRICE OF 996 MULTI-MILLION DOLLAR HOMES

$1,140,994

AVERAGE PRICE OF 411 NEWLY BUILT HOMES

$7,034,619

AVERAGE PRICE OF 45 HOMES WITH A POOL

$761,845

AVERAGE PRICE OF 221 REDUCED PRICE HOMES

Average Home

Average Price $993,411
Avg Bedrooms 2.55 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $399,935
2 bedrooms $669,655
3 bedrooms $869,866
4 bedrooms $1,135,436
5 bedrooms $2,122,448
Washington Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 3,223 2,844 3,646 n/a 3,761
Average Price $1,020,989 $1,023,021 $1,007,095 n/a $1,049,179
Avg Price Change -0.20% +1.58% n/a n/a n/a
Median Price $630,000 $622,315 $639,000 n/a $659,000
Med Price Change +1.23% -2.68% n/a n/a n/a
Avg Bedrooms 2.53 beds 2.5 beds 2.53 beds n/a 2.56 beds
Avg Bathrooms 2.13 baths 2.11 baths 2.18 baths n/a 2.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Wilson Senior 115 $1,295,635 83 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,003 $993,411 95 days
Distressed Homes 134 $479,602 186 days
Multi-Million Dollar Homes 996 $2,386,399 105 days
Newly Built Homes 411 $1,140,994 91 days
Homes with a Pool 45 $7,034,619 108 days
Reduced Price Homes 221 $761,845 63 days
The Mattison Group at Long & Foster Real Estate
Dale Mattison
7700 Old Georgetown Rd Suite 120
Bethesda, MD 20814
301-215-7653
Dan Tinnin
Branch Sales Manager
NMLS ID # 1101919
Cell: 443-336-2686 | Office: 410-571-2020 x2130
900 Bestgate Road, Suite 310, Annapolis, MD 21401

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