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.

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It’s Déjà Vu All Over Again

Contract activity in the Metro DC area from June 8 to 14, 2025, increased by 0.7% compared to the same seven-day period last year.

 

Key Takeaways

  • This past week was a lot like the previous week, which was a lot like the week before that, and . . . you get the picture
  • We’re seeing modest week-over-week growth in the number of newly ratified – but that growth is very unevenly distributed.
  • All three of the Virginia jurisdictions tracked here – Northern Virginia, Loudoun and Prince William Counties – now have more contract activity year-to-date than last year, while all three areas on the other side of the Potomac – Washington, DC, Prince George’s and Montgomery Counties - are still down compared to last year.

 

Why It Matters

  • Mortgage interest rates have been very stable as well, now stuck just under 7% for almost a month.  However, don’t be surprised if recent world events introduce real volatility in those rates.
  • Prince George’s County remains the most challenged local market, and will remain so until mortgage rates come down.

Shenandoah, Warren, Clarke, Fauquier, Frederick Counties, Winchester City, and West Virginia.

Finally, a Little Consistency!

Contract activity for June 8 - 14, 2025 in the Virginia Countryside and West Virginia Panhandle area was up 3.1% compared to the same seven-day period last year.

 

Key Takeaways

  • For the second week in a row, the Virginia Countryside markets saw an increase in the number of newly ratified contracts and the West Virginia Panhandle saw a decrease.
  • The six jurisdictions in the Virginia Countryside market  - Fauquier, Shenandoah, Warren, Clarke and Frederick counties + Winchester City - were up 12.6%.
  • The three counties in the West Virginia Panhandle – Jefferson, Berkeley and Morgan – were collectively down 6.1% in the number of newly ratified contracts.

 

Why It Matters

  • Days on market remains steady at 32 days, the same number as this week last year.
  • Mortgage interest rates have been very stable as well, now stuck just under 7% for almost a month.  However, don’t be surprised if recent world events introduce real volatility in those rates.

 

The Real Estate Details

  • Virginia Countryside was up 12.6%, and is up 1.6% year-to-date.
  • West Virginia Panhandle was down 6.1% and is down 6.5% year-to-date.
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