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.
Hmmm . . . Not Exactly What We Were Hoping For
Contract activity for June 22 - 28, 2025, in the Metro DC area was down 5.1% compared to the same seven-day period last year.
Key Takeaways
- We suspect last week’s crushing heat wave may have had something to do with it, but 5 of the 6 jurisdictions saw a drop in new contract activity.
- The outlier was Washington, DC, with a very positive 17.2% increase in contracts.
- It was a rough week for the “Princes” – Prince George’s County was down 20.8% and Prince William County was down 20.3%.
Why It Matters
- The average number of days homes going under contract continues to rise – a direct consequence of the increase in the number of homes on the market.
- Buyers have more choices now, and they are taking a bit more time to make a decision. This time last year, the average days on market was 22.4 days – last week, it was 33.6
One Up . . . One Down
Contract activity for June 22 - 28, 2025, in the Virginia Countryside and West Virginia Panhandle area was down 7.5% compared to the same seven-day period last year.
Key Takeaways
- Despite last week’s crushing heat wave that suppressed contract activity almost everywhere in the region, the Virginia Countryside bucked the trend with a modest 1.9% increase in new contract activity.
- The West Virginia Panhandle did not fare as well, posting a 17.5% drop in contract
Why It Matters
- The average number of days homes going under contract continues to rise – a direct consequence of the increase in the number of homes on the market.
- Buyers have more choices now, and they are taking a bit more time to make a decision. This time last year, the average days on market was 24.9 days – last week, it was 39.5
The Real Estate Details
- Virginia Countryside was up 1.9%, and is up 2.3% year-to-date.
- West Virginia Panhandle was down 17.5% and is down 6.3% year-to-date.
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
