Washington Market: Sales, Supply, Prices Up

In Late-Q2, Washington DC closed sales reached 5.3K, a yearly ↑4.4%, showing buyers remained engaged even as affordability continued constraining the market.
Sellers were active too: new listings totaled 5.5K in Late-Q2, a yearly ↑3.7%, while active inventory reached 11.2K, giving buyers more choices.
Prices stayed firm as the median sold price reached $675K in Late-Q2, a yearly ↑3.8% and just shy of the region's record high.
The market still showed strong underlying demand, but affordability remained a clear constraint, shaping how buyers and sellers navigated Washington DC in Late-Q2.
Looking ahead, Washington DC's housing market is likely to cool in the year's second half, even with buyer demand still described as strong.