Search homes for sale in Washington DC, famous for its impressive monuments, memorials, and museums.
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
In April 2025, Washington, DC home prices rose 6.3% year-over-year, with the median sale price reaching $744K—signaling steady appreciation despite shifting market dynamics. Homes sold in an average of 45 days, slightly longer than the 42-day average last year, indicating a modest cooling in buyer urgency. Sales volume also declined, with 572 homes sold compared to 639 in April 2024, suggesting that while prices are climbing, overall buyer activity has eased slightly, possibly due to affordability pressures or limited inventory in certain segments.
The Washington, DC market remains somewhat competitive, with homes typically selling in about 48 days. While most properties sell for roughly 1% below list price, well-priced or in-demand homes can attract multiple offers and go pending in as little as 18 days, often selling at or near asking. This reflects a market where strategic pricing and presentation can still generate strong buyer interest.
As of April 2025, Washington, DC is considered a buyer’s market, meaning housing supply exceeds buyer demand. This gives buyers more negotiating power, greater selection, and a better chance of securing favorable terms, while sellers may need to price competitively or offer incentives to attract offers.
For detailed, up-to-date information on selling a property in Washington DC, including legal considerations and market trends, you can talk to us.
Washington, DC has relatively moderate property taxes compared to nearby jurisdictions like Maryland or Virginia. The current residential rate is $0.85 per $100 of assessed value, with potential exemptions for owner-occupants, seniors, and veterans. The DC Office of Tax and Revenue reassesses property annually, and homeowners can appeal assessments if they believe their property has been overvalued. Buyers should verify the most recent assessment and factor in projected taxes, especially when purchasing newly built or renovated homes where assessed values may adjust sharply post-sale.
Yes, non-residents and international buyers can purchase property in Washington, DC with no citizenship or residency requirement. However, foreign buyers should work with a knowledgeable local agent and attorney to navigate financing restrictions, potential tax implications (such as FIRPTA on resale), and currency transfer logistics. Cash transactions are more common, as not all U.S. lenders offer mortgage products to foreign nationals without established credit or a U.S.-based income.
DC Public Schools (DCPS) use a boundary-based enrollment system, meaning each address is assigned to specific schools. This directly impacts property desirability and price, especially in areas zoned for top-performing schools like Janney Elementary or Wilson High. Buyers with children should confirm school assignments through the DCPS school boundary lookup tool and understand that attending a preferred school outside one’s boundary typically requires a lottery admission. Private and charter schools are also widely available but often competitive and costly.
Yes, sellers in Washington, DC are legally required to provide a Residential Property Disclosure Statement or a disclaimer. Most buyers expect full disclosure, and failure to disclose known defects (e.g., past flooding, structural issues, or environmental hazards) can result in post-sale legal action. Even when providing a disclaimer, ethical and transparent selling practices typically lead to smoother transactions. Sellers should work with their agent to determine which route is most appropriate based on the home’s condition and history.
While not required, many DC sellers—especially in the luxury or historic segments—opt for a pre-inspection. This allows them to uncover and address issues before listing, price more accurately, and negotiate from a position of strength. In fast-moving neighborhoods, a pre-inspection can also streamline the sales process by reducing buyer uncertainty and potentially avoiding price reductions or delays during escrow. It's especially valuable for older DC homes, where aging systems or deferred maintenance may surface during buyer due diligence.
Sellers in Washington, DC typically pay 5–6% in real estate agent commissions, plus closing costs that may include title insurance, recordation tax (1.1% or 1.45% of the sale price, depending on value), settlement fees, and potential transfer taxes. Altogether, total closing costs for sellers often range from 6–8% of the final sale price. It's critical for sellers to review a net sheet with their agent or settlement attorney to understand their expected proceeds after all fees and taxes.
Whether you’re considering selling your home or just want to explore your options, Catherine is here to guide you through the process. With in-depth knowledge of the Washington, DC market and a commitment to her clients, she’ll provide you with valuable insights and ensure a seamless selling experience. Reach out today to get started!
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.