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.

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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.

Shenandoah, Warren, Clarke, Fauquier, Frederick Counties, Winchester City, and West Virginia.

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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