December Market Snapshot Shows Stability

The December data from BrightMLS offers a reassuring close to the year across most of the Washington Metro region. Activity remains steady, prices appear to be resilient, and while days on market have stretched modestly, conditions continue to favor well-prepared buyers and sellers.

Northern Virginia and suburban Maryland performed particularly well. Alexandria, Arlington, Fairfax, Falls Church City, Loudoun, Montgomery, and Frederick Counties all showed solid to improving sales activity with generally stable or rising median prices. The increase in days on market across these areas reflects normalization rather than weakness. Buyers are deliberate, inspections matter, and pricing discipline is rewarded.

While median prices in D.C. rose year-over-year, closed sales declined and days on market remained elevated. This divergence is largely driven by the condominium sector, where rising condo fees, insurance costs, and buyer sensitivity to monthly carrying expenses continue to suppress demand. Well-located single-family homes and townhomes remain competitive.

This is not a distressed market at all. It is a discerning one and the panic to buy ‘something’ seems to have passed.

Homes that are priced correctly, are well-presented, and are aligned with buyer expectations are selling well. Those that are not, are waiting. Now, strategy, preparation, and thoughtful positioning matter more than ever.

Real estate decisions should always be made locally, not generically. The data reinforces what we, at Properties on the Potomac, Inc. see daily. Sales are driven by activity and not by headlines.

Do you have a low mortgage that you hate to give up? But you want a different living environment? Krasi Henkel has a plan for you. One that builds equity, wealth, and curates your lifestyle. Text Krasi – 703-624-8333