Is Washington, DC 20002 a buyer’s or seller’s market?
Washington is a buyer’s market. With about 6.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply6.3Under 4 months = seller’s market
Sold above original list26.2%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$494▲ +3.9% vs. last year
Run the numbers for 20002
Nearby markets
Washington 20001Balanced $552 /sq ftWashington 20003Balanced $625 /sq ftWashington 20004Buyer’s market $528 /sq ftWashington 20005Balanced $605 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology