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.