Things have slowed down a bit with some schools back in session, but there has still been plenty of movement in the real estate market. Metropolitan Regional Information Systems, Inc. (MRIS) has released their July DC Metro Housing Market Update for 2017.
The Washington D.C Metro Median sales price of $439,900 was up 1.1% or $4,900 compared to last year but was down 3.3% or $15,100 compared to last month. This is the highest July price of the decade.
Sales volume across the DC Metro area was over $2.8 billion, up 6.8% from last year.
The median days-on-market for July 2017 was 14 days, three days lower than last year.
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