Washington D.C. Metro

July 2025 | 
Home Demand Index: 95 | 
Tier: Steady

Metro Area Overview

The Home Demand Index (HDI) for the Washington D.C. metro area stands at 95 this month, down from 104 last month but still higher than the 7 recorded during the same period last year. The month-over-month decline points to a modest cooling in market activity, consistent with typical midsummer slowdowns. However, the year-over-year improvement signals a healthier overall market, with buyer interest remaining notably stronger than in the prior year.
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. | July 2025

Home Demand Index

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The Home Demand Index (HDI) for the Washington D.C. metro area stands at 95 this month, down from 104 last month but still higher than the 7 recorded during the same period last year. The month-over-month decline points to a modest cooling in market activity, consistent with typical midsummer slowdowns. However, the year-over-year improvement signals a healthier overall market, with buyer interest remaining notably stronger than in the prior year.
Demand softened across all home types in Washington D.C. compared to the previous month, though levels remain higher than a year ago. The luxury single-family home segment saw the sharpest monthly decline but continues to post the strongest year-over-year growth. Mid-market single-family homes and luxury condos also recorded notable decreases, while entry-level single-family homes declined only slightly. Overall, demand is moderating in the short term but remains above last year across most segments, highlighting the continued impact of limited inventory on market dynamics.
Monthly Statistics for July 2025
Home Demand
Index
95
(Steady)
Home Demand Index
from prior month
104
Home Demand Index
from prior year
77
Index change
from prior month
-8.7%
Index change from
same time last year
23.4%
Bright MLS | T3 Home Demand Index

www.homedemandindex.com