Washington, DC, Metropolitan Area Housing Monitor: First Quarter 2012

Brief

Washington, DC, Metropolitan Area Housing Monitor: First Quarter 2012

Abstract

The Washington, DC, Metropolitan Area Housing Monitor First Quarter 2012 and its accompanying county profiles are copublished quarterly by NeighborhoodInfo DC and the Metropolitan Washington Council of Governments. The monitor shows sales market trends. Sales volumes continue at levels lower than when the foreclosure crisis began. About 5,000 homes were sold in the first quarter of 2012, a decrease from the year before. The median sales price rose 4.3 percent in one year to $321,000. The average home stayed on the market for 12 weeks, a small decrease from the previous year.

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