The Numbers Pointed Upwards All Summer – Here’s Our Take
Gimme Shelter! – That’s the phrase homebuyers were telling their REALTORS® all season long. With temperatures shattering all-time records, the DC housing market followed the trend. Of course, this newsletter features our summer market breakdown.
The only thing beating the temperature outside was the heat of DC’s real estate market. Notably, Cleveland Park and Anacostia show promising numbers. Otherwise, price appreciation shows a steady and healthy increase District-wide. Conversely, inventory dropped a few points, but the June market still showed higher stock than in 2015. Read more »