Market in a Minute & StatPak
July 2025
We profile the most important market indicators every month – contract activity, interest rates, inventory, affordability, and direction of the market – in an easy-to-read and digestible summary. It's not just the numbers; it provides context to understand why the numbers are important and what they mean for the future of the market, published for Washington, DC, Montgomery County, Prince George's County, Northern Virginia, Loudoun County, and the Virginia Countryside. A quick summary of last month's contract activity is shown below. To see the complete "Market in a Minute" reports for each jurisdiction we cover, click on the corresponding links.
What's the Urgency Index?
This is simply the measure of the percentage of homes going under contract that were on the market 30 days or less, giving a sense of how quickly buyers feel they must act to put an offer on a home. To see your market's Urgency Index click the link to view the full report.
Contract activity in June 2025 was up 8.1% from June 2024 and was up in four out of six price categories. Through the first six months of the year, contract activity is down 1.3%. The average number of days on the market for homes receiving contracts was 62 days in June 2025, up from 50 days in June 2024.
Contract activity in June 2025 was up just 0.3% from June 2024 and was up in three price categories. Through the first six months of the year, contract activity is down 1.7%. The average number of days on the market for homes receiving contracts was 30 days in June 2025, up from 18 days last June.
Contract activity in June 2025 was down 12.5% from June 2024 and was down for three out of five price categories. Through the first six months of the year, contract activity is down 10.6%. The average number of days on the market for homes receiving contracts was 39 days in June 2025, up from 29 days in June 2024.
Contract activity in June 2025 was up just 0.7% from June 2024 and was up for three price categories. Through the first six months of the year, contract activity is down just 0.2%. The average number of days on the market for homes receiving contracts was 26 days in June 2025, up from 21 days last June.
Contract activity in June 2025 was up 7.4% from last June and was up for five price categories. Through the first six months of the year, contract activity is up 6.3%. The average number of days on the market for homes receiving contracts was 33 days in June 2025, up from 17 days last June.
Contract activity in June 2025 was up 12.0% from last June and was up for five price categories. Through the first six months of the year, contract activity is down just 0.5%. The average number of days on the market for homes receiving contracts was 37 days in June 2025, up from 34 days last June.
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
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
