Is Washington, DC 20012 a buyer’s or seller’s market?
Washington is a seller’s market. With about 3.8 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.8Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market44Listing to accepted offer
Median price per sq ft$421▲ +1.9% vs. last year
Run the numbers for 20012
Nearby markets
Washington 20001Balanced $552 /sq ftWashington 20002Buyer’s market $494 /sq ftWashington 20003Balanced $625 /sq ftWashington 20004Buyer’s market $528 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology