Weekly Meter
DC / MD / VA / WV
We compare contract activity for the same seven-day period of the previous year in Loudoun County, Prince William County, Northern Virginia, Washington, DC, and Prince George's County. These statistics are updated on a weekly basis. Sign up for our newsletter on the latest market data.
About The Only Thing That’s Consistent is Inconsistency
Contract activity for July 6 – 12, 2025, in the Metro DC area was up 2.4% compared to the same seven-day period last year.
Key Takeaways
- While we’re certainly encouraged by the relative increase in new contracts, three of the six jurisdictions had double-digit increases, and three had double-digit decreases.
- In the previous weekly report, Washington, DC had a 21% increase in contracts; last week, the District saw a 20% drop. Montgomery County was down 11% a week ago and was up 22% this week.
- We don’t often see swings that are this wide from week to week.
- Loudoun County is the only area with a decent year-to-date increase – new contracts are up 4.8%, and Prince George’s County is the only area with a double-digit year-to-date drop, with new contracts down 11%.
Why It Matters
- Buyers have more choices of homes on the market now than this time last year – substantially more.
- As a result, the average length of time homes are going under contract is rising. This time last year, the average days on market was 29; in the just completed week, the average was 44.
The Countryside Market Did Well . . . West Virginia, Not So Much
Contract activity for July 6 - 12, 2025, in the Virginia Countryside and West Virginia Panhandle area was down 3.0% compared to the same seven-day period last year.
Key Takeaways
- The Virginia Countryside market had a positive week, with a 7.5% increase in the number of newly ratified contracts.
- The West Virginia Panhandle contracts were down 10.3%.
Why It Matters
- We know these percentage changes can seem quite large, but remember that from week to week, there are typically fewer than 200 contracts overall between the two jurisdictions. A handful of contracts, up or down, can make a big percentage difference.
- Buyers have more choices of homes on the market now than this time last year – substantially more.
- As a result, the average length of time homes are going under contract is rising. This time last year, the average days on market was 31; in the just completed week, the average was 46.
The Real Estate Details
- Virginia Countryside was up 7.5%, and is up 2.8% year-to-date.
- West Virginia Panhandle was down 10.3% and is down 6.7% year-to-date.
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Copyright © Corcoran 2023 – 2025. Corcoran and the Corcoran Logo are trademarks of Corcoran Group LLC. Corcoran Group LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated offices are not provided by, affiliated with, or related to Corcoran Group LLC nor any of its affiliated companies.
© Corcoran McEnearney 2025. All rights reserved. DO NOT SELL MY PERSONAL INFORMATION
PARTNERED AFFILIATES
Copyright © Corcoran 2023 – 2025. Corcoran and the Corcoran Logo are trademarks of Corcoran Group LLC. Corcoran Group LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated offices are not provided by, affiliated with, or related to Corcoran Group LLC nor any of its affiliated companies.
© Corcoran McEnearney 2025. All rights reserved.
DO NOT SELL MY PERSONAL INFORMATION
