Washington D.C. Metro

September 2025 | 
Home Demand Index: 85 | 
Tier: Slow

Metro Area Overview

The Home Demand Index (HDI) for the Washington D.C. metro area is at 85 in the latest report, down from 91 the previous month. The month-over-month decrease highlights a continued cooling trend, consistent with slower seasonal activity. However, the index remains above last year’s level of 81, indicating that buyer demand is still stronger than the same period a year ago. Overall, the market is categorized as Slow, with activity moderating yet maintaining a year-over-year edge.
The market trend line, below, provides a high-level monthly overview of the Home Demand Index for each of the metro market areas within the Greater Washington D.C. Metro Area. The Home Demand Index is baselined at 100, with 90-110 indicating a steady market. Index values above 110 indicate moderate and high activity while Index values below 90 indicate slower or limited activity. For more information for a given period of time, click on any point on the map to pull up the monthly report.
Metro Market Trend Data by Bright MLS | T3 Home Demand Index
Each of the market areas listed above are defined as follows:
  • Maryland-West Virginia Panhandle – Allegany, MD; Berkeley, WV; Garrett, MD; Grant, WV; Hampshire, WV; Hardy, WV; Jefferson, WV; Mineral, WV; Morgan, WV; Pendleton, WV; Washington, MD;
  • North Central Virginia – Caroline, VA; Clarke, VA; Culpeper, VA; Fauquier, VA; Frederick, VA; Fredericksburg City, VA; King George, VA; Madison, VA; Manassas City, VA; Orange, VA; Page, VA; Prince William, VA; Rappahannock, VA; Shenandoah, VA; Spotsylvania, VA; Stafford, VA; Warren, VA; Winchester City, VA;
  • Southern Maryland – Calvert, MD; Charles, MD; Saint Marys, MD;
  • Washington D.C. Metro – Alexandria City, VA; Arlington, VA; Fairfax, VA; Falls Church City, VA; Frederick, MD; Loudoun, VA; Montgomery, MD; Prince Georges, MD; Washington, DC;

Washington D.C. | September 2025

Home Demand Index

The Home Demand Index (HDI) for the Washington D.C. metro area is at 85 in the latest report, down from 91 the previous month. The month-over-month decrease highlights a continued cooling trend, consistent with slower seasonal activity. However, the index remains above last year’s level of 81, indicating that buyer demand is still stronger than the same period a year ago. Overall, the market is categorized as Slow, with activity moderating yet maintaining a year-over-year edge.
Demand continues to soften across all home types in Washington D.C. for the third consecutive month, though levels remain higher than a year ago. The luxury single-family home segment experienced the largest decline, but it is still up compared to last year. Luxury condos also saw notable decreases, while entry-level single-family homes experienced the smallest decline, with a 4% drop from the previous month. Overall, demand is moderating in the short term but remains above last year across most segments, highlighting the ongoing impact of limited inventory on market dynamics.
Monthly Statistics for September 2025
Home Demand
Index
85
(Slow)
Home Demand Index
from prior month
91
Home Demand Index
from prior year
81
Index change
from prior month
-6.6%
Index change from
same time last year
4.9%
Bright MLS | T3 Home Demand Index

www.homedemandindex.com