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.
Riding the Market Roller Coaster
Contract activity for July 13 – 19, 2025, in the Metro DC area was down 3.4% compared to the same seven-day period last year.
Key Takeaways
- Just like last week, the DC metro area had three jurisdictions that posted an increase in contract activity, and three that had decreases.
- While the overall weekly changes aren’t big, they certainly are in the individual areas.
- In our previous report, Northern Virginia contract activity was up 21%, while this week it was down 3.4%. Prince William County was down 21.4% last week and up 1.6% this week.
- Prince George’s County continues to have challenges, with this week’s 14.6% drop following the previous week’s 10.1% decline. Year-to-date, contract activity in PG is off 11.2%
Why It Matters
- The DC metro area real estate market is kind of stuck, with fairly flat contract activity.
- And because the number of homes on the market is up by more than 40% compared to this time last year, and buyers have more choices, homes are staying on the market longer. Last week, homes going under contract were on the market for an average of 33.3 days, up from 27 days last year.
Last Week Looked a Lot Like the Previous Week
Contract activity for July 13 - 19, 2025, in the Virginia Countryside and West Virginia Panhandle area was down 3.2% compared to the same seven-day period last year.
Key Takeaways
- The overall modest drop in contract activity is almost identical to the previous week’s decline, and for the same reasons.
- The Virginia Countryside market continues to do well, with an 11% weekly increase and a year-to-date 3.15% increase.
- The West Virginia Panhandle is consistent as well, but in the other direction. Last week there was a 16.8% drop, and YTD activity is off 7%.
Why It Matters
- As we have noted before, the biggest change is the number of homes on the market – up almost 30% in the Countryside and 35% in the West Virginia Panhandle compared to this time last year
- As a result, the average length of time homes going continues to rise. This time last year, the average days on market was 31; in the just-completed week, the average was 38.
The Real Estate Details
- Virginia Countryside was up 11.0%, and is up 3.1% year-to-date.
- West Virginia Panhandle was down 16.8% and is down 7.0% 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
