Washington D.C. Metro

January 2025 | 
Home Demand Index: 48 | 
Tier: Limited

Metro Area Overview

The current Home Demand Index (HDI) stands at 48, a significant decline from last month’s 69, but slightly higher than the 46 recorded during the same period last year. The drop from the previous month can be attributed to low inventory levels, which continue to limit buyer options and dampen market activity. Despite this short-term slowdown, the year-over-year increase suggests that demand remains stable, indicating that while current market conditions are challenging due to inventory constraints.
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. | January 2025

Home Demand Index

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The current Home Demand Index (HDI) stands at 48, a significant decline from last month’s 69, but slightly higher than the 46 recorded during the same period last year. The drop from the previous month can be attributed to low inventory levels, which continue to limit buyer options and dampen market activity. Despite this short-term slowdown, the year-over-year increase suggests that demand remains stable, indicating that while current market conditions are challenging due to inventory constraints.
Demand for mid-market single-family homes decreased from 57 last month to 38 this period, showing a 6% increase compared to last year. Entry-level condos dropped from 88 last month to 66 this period, reflecting a 14% rise from last year. Luxury condos fell from 98 last month to 70 this period, with a 21% increase compared to last year. While town house decreased from 72 last month to 52 this period, they showed an 11% increase year-over-year. These trends suggest that certain market segments are holding strong despite the overall decline in demand from the previous month.
Monthly Statistics for January 2025
Home Demand
Index
48
(Limited)
Home Demand Index
from prior month
69
Home Demand Index
from prior year
46
Index change
from prior month
-30.4%
Index change from
same time last year
4.3%
Bright MLS | T3 Home Demand Index

www.homedemandindex.com