Search luxury home listings and real estate market statistics for Washington, DC.
The Washington, DC housing market shows moderate competition, with homes typically receiving two offers and selling in about 45 days. Last month, the median sale price reached $744K—an increase of 6.3% year-over-year. The median price per square foot rose to $521, reflecting a 2.4% annual gain.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
Washington, DC, benefits from one of the most stable economies in the United States, driven primarily by its role as the nation’s capital. The presence of the federal government, international organizations, embassies, and major corporations ensures consistent demand for commercial spaces. Unlike other markets that may experience volatility, DC’s economy remains resilient during economic downturns, as government activity and related industries continue to thrive. This stability makes commercial properties in DC a secure and lucrative long-term investment, offering investors peace of mind and predictable returns.
Washington, DC, is a hub for government agencies, law firms, think tanks, and global businesses, all of which require prime office spaces in strategic locations. Additionally, DC’s growing population, combined with a steady influx of professionals and tourists, creates a strong demand for retail and service-oriented businesses. From high-end retail shops to bustling restaurants, commercial properties in well-trafficked areas can yield impressive rental income and occupancy rates. Investing in commercial real estate here positions you to capitalize on this consistent demand for office and retail spaces.
Over the years, Washington, DC’s commercial real estate market has shown steady appreciation in property values, driven by the city’s limited land availability and ever-growing demand. As one of the most sought-after metropolitan areas, DC’s commercial properties hold significant potential for long-term capital gains. Strategic developments, infrastructure upgrades, and ongoing urban revitalization projects further enhance the value of commercial investments. By securing property in key locations, investors can benefit from rising property prices while generating reliable rental income.
If you’re considering a luxury purchase in Washington, DC, we’re here to provide personalized guidance, insights on off-market opportunities, or to schedule a private showing at your convenience.
Washington, DC’s luxury market is defined by distinct enclaves—each with its own character. Georgetown offers historic charm and exclusivity, Kalorama attracts diplomats and legacy wealth, while Spring Valley and Wesley Heights offer privacy with estate-like settings. Consider how the neighborhood aligns with your lifestyle, whether you prioritize walkability, diplomatic proximity, or gated seclusion.
Many luxury homes in DC are tied to historic preservation districts. Buyers should consider whether the home has architectural pedigree—Federal, Beaux-Arts, or Georgian styles carry premium value but may come with renovation restrictions. Unique facades, provenance, or prior ownership by notable figures can also influence long-term value.
DC’s luxury market is uniquely impacted by embassies, international buyers, and political cycles. Homes near embassy rows or security-sensitive areas may require additional scrutiny for access, security, or ownership regulations. Buyers with international considerations should ensure they understand these dynamics and how they affect availability and competition.
Unlike other urban luxury markets, DC luxury buyers highly value private outdoor areas—gardens, terraces, or secluded patios—given the city’s limited lot sizes. Properties that offer setbacks, mature landscaping, or gated access tend to command top-tier pricing. Consider privacy levels, noise exposure, and yard usability.
Luxury buyers often look for updated kitchens, modern bathrooms, and smart home integrations. However, many properties—especially in historic districts—have renovation limits. Understand which updates are permitted, and whether the home has undergone tasteful modernization that enhances value without compromising historic integrity.
DC’s property taxes are relatively favorable compared to nearby states, but luxury buyers should still factor in mansion taxes, HOA dues (where applicable), and maintenance for older or historic homes. Work with a local expert who can provide clear projections on ownership costs and tax implications, especially for second-home or investment scenarios.
Are you ready to explore the finest luxury properties in Washington, DC? Whether you have questions about the market or are ready to find your dream home, we’re here to help. Contact us today to learn more about exclusive listings, upscale neighborhoods, and the unparalleled lifestyle that DC has to offer. Let’s turn your vision of luxury living into reality – reach out now!
Curious about Washington, DC’s diverse neighborhoods? Explore our comprehensive Washington, DC neighborhood guide to discover everything from local amenities and lifestyle options to real estate trends. Get to know the area and find the perfect community for your next move!
Catherine Triantis | May 9, 2025
Explore the Top Outdoor Spaces That Make Life in Bethesda Even Better.
Catherine Triantis | May 9, 2025
Create Harmony and Balance in Your Home with Feng Shui Principles.
Catherine Triantis | March 4, 2025
A Guide to Bethesda Real Estate for Investors.
Catherine Triantis | March 4, 2025
Discover Bethesda’s Top Dining Destinations.
Catherine Triantis | February 21, 2025
Create a Stylish and Comfortable Living Space in One of Maryland's Most Desirable Areas.
Catherine Triantis | February 7, 2025
How to find the right property and flip it in Bethesda.
Catherine Triantis | January 17, 2025
Explore the Top Craft Breweries and Unique Brews in Bethesda.
Catherine Triantis | April 9, 2024
Ensuring a Smooth Transition for Single-Family Homes for Sale in Washington DC.
Catherine Triantis | May 22, 2024
A Comprehensive Guide.
Catherine Triantis | May 22, 2024
A Step-by-Step Guide to Navigating the Real Estate Agent Selection Process.
Catherine Triantis | May 22, 2024
Exploring Art, Nature, and Culture.
Catherine Triantis | May 22, 2024
Expert Insights Into Real Estate Negotiation Tactics in Competitive Markets.
Catherine Triantis | June 5, 2024
Decoding Market Mysteries: Answering the Top Real Estate Questions of 2024.
Catherine Triantis | January 17, 2025
Discover the Best Spots for You and Your Pet to Enjoy a Meal Together.
Catherine Triantis | August 21, 2024
Shop Chevy Chase’s best malls, department stores, and boutiques.
Catherine Triantis | August 21, 2024
Everything You Need to Know for a Successful Sale.
Catherine Triantis | July 31, 2024
Find a few hidden gems among Bethesda’s best-known attractions.
Catherine Triantis | July 31, 2024
Discover luxury and niche retail destinations in the nation’s capital.
Catherine Triantis | June 5, 2024
Exploring Elegance: The Most Popular Architectural House Styles.
Catherine Triantis | June 5, 2024
Navigating Home Inspections for Potential Buyers in Bethesda, MD.
Catherine Triantis | October 4, 2024
The famous neighborhood perfectly complements Washington, DC.
Catherine Triantis | October 4, 2024
The city has an incredible concentration of history and cultural intrigue.
Catherine Triantis | November 7, 2024
Discover Key Insights and Tips for a Successful Home Purchase in Bethesda.
Catherine Triantis | November 7, 2024
A Guide to a Smoother Transition.
Catherine Triantis carefully tailors her efforts to each individual's needs and preferences. Her success may be attributed to her consultative approach and commitment to consistent communication, attention to detail, and support through all phases of prep, strategic planning, and moving.