May 2025 Report
Washington D.C. Metro
Washington D.C. | May 2025
Home Demand Index
The Home Demand Index (HDI) for Washington D.C. this report period stands at 96, consistent with last month’s 96 and higher than last year’s 91. This stability suggests steady buyer interest, with demand holding firm despite broader economic challenges. The year-over-year increase indicates a gradually strengthening market.
Demand for luxury single-family homes has increased the most, with the index rising to 139 from last month’s 130, signaling a significant increase in buyer interest. Mid-market single-family homes saw a smaller rise, increasing from 88 last month to 90, slightly higher than last year’s 88, indicating that affordability concerns continue to impact this segment. The moderate increase in mid-market demand suggests some improvements in market conditions, while demand remains constrained by limited inventory.
Monthly Statistics for May 2025
Home Demand
Index
Index
96
(Steady)
Home Demand Index
from prior month
from prior month
96
Home Demand Index
from prior year
from prior year
91
Index change
from prior month
from prior month
0%
Index change from
same time last year
same time last year
5.5%
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Washington D.C. | May 2025
Home Demand Index | Historical Year-over-Year Comparison
The year-over-year comparison for Washington D.C.’s HDI shows an increase from 91 last year to 96 this period, maintaining a steady market environment. This consistent index suggests sustained buyer interest despite economic fluctuations. The stable trend highlights a resilient market with balanced demand.
Home Demand Index
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Washington D.C. | May 2025
Home Demand Map
Buyer interest across the Washington, D.C. region is varied. Core metro areas such as Arlington and Alexandria continue to show strong demand. In contrast, suburban areas like Montgomery and Prince Georges counties remain in the slow demand range, while outlying areas, including Frederick County, exhibit limited buyer interest. This distribution highlights the region’s diverse market dynamics and shifting buyer preferences across urban, suburban, and rural areas.
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Washington D.C. | May 2025
Demand and Inventory by Home Type
Demand for luxury single-family homes has increased the most, with the index rising to 139 from last month’s 130, signaling a significant increase in buyer interest. Mid-market single-family homes saw a smaller rise, increasing from 88 last month to 90, slightly higher than last year’s 88, indicating that affordability concerns continue to impact this segment. The moderate increase in mid-market demand suggests some improvements in market conditions, while demand remains constrained by limited inventory.
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Washington D.C. | May 2025
Single Family Home Below $555k
The index for entry-level single-family homes in Washngton D.C. is 78, down from 82 last month but higher than last year’s 72. The month-over-month decrease suggests a slight dip in buyer activity, while the year-over-year increase indicates improvement compared to the same period last year. However, demand remains constrained due to ongoing inventory shortages and affordability concerns that continue to influence market conditions.
Monthly Statistics for Single Family Home Below $555k
Home Demand
Index
Index
78
(Slow)
Home Demand Index
from prior month
from prior month
82
Home Demand Index
from prior year
from prior year
72
Months of
inventory
inventory
2.6
Average daily inventory last month
937
Inventory sold
last month
last month
356
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Washington D.C. | May 2025
Single Family Home $555k - $1335k
The index for mid-range single-family homes in Washington D.C. stands at 90, up from 88 last month and higher than last year’s 88. This marks the second consecutive month of increase, suggesting a continued rebound in buyer activity. The year-over-year rise indicates sustained demand. Despite fluctuations, the market for mid-range homes remains relatively stable, with consistent interest in this price range.
Monthly Statistics for Single Family Home $555k - $1335k
Home Demand
Index
Index
90
(Steady)
Home Demand Index
from prior month
from prior month
88
Home Demand Index
from prior year
from prior year
88
Months of
Inventory
Inventory
1.8
Average daily inventory last month
2,021
Inventory sold
last month
last month
1,122
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Washington D.C. | May 2025
Single Family Home Above $1335k
The index for luxury single-family homes in Washington D.C. is at 139, up from 130 last month and slightly lower than last year’s 142. The month-over-month increase signals growing buyer interest, while the year-over-year dip suggests a slight cooling in demand compared to last year. This trend may indicate a market correction or the influence of seasonal factors affecting luxury home sales.
Monthly Statistics for Single Family Home Above $1335k
Home Demand
Index
Index
139
(High)
Home Demand Index
from prior month
from prior month
130
Home Demand Index
from prior year
from prior year
142
Months of
Inventory
Inventory
2.8
Average daily inventory last month
919
Inventory sold
last month
last month
323
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Washington D.C. | May 2025
Condo Below $590k
The index for entry-level in condos in Washington D.C. is at 113, down from 114 last month but up from 105 last year. The slight month-over-month decrease suggests a small dip in demand, while the year-over-year increase indicates sustained buyer interest in this segment. This trend may reflect a stable market with persistent demand, supported by relative affordability compared to other home segments.
Monthly Statistics for Condo Below $590k
Home Demand
Index
Index
113
(Moderate)
Home Demand Index
from prior month
from prior month
114
Home Demand Index
from prior year
from prior year
105
Months of
Inventory
Inventory
3.9
Average daily inventory last month
2,283
Inventory sold
last month
last month
587
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Washington D.C. | May 2025
Condo Above $590k
The index for luxury condos in Washington D.C. is 144, down from last month’s 154 but up from last year’s 143. The month-over-month decrease suggests a slight dip in demand, while the year-over-year increase indicates stronger activity in the luxury condo market compared to the same period last year. Despite the recent dip, the luxury segment continues to show positive buyer interest, reflecting continued demand for high-end properties.
Monthly Statistics for Condo Above $590k
Home Demand
Index
Index
144
(High)
Home Demand Index
from prior month
from prior month
154
Home Demand Index
from prior year
from prior year
143
Months of
Inventory
Inventory
4.8
Average daily inventory last month
592
Inventory sold
last month
last month
124
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Washington D.C. | May 2025
Townhouse/Rowhouse/Twin All prices
Townhouse/
Rowhouse/Twin
All prices
The index for townhouses, rowhouses, and twins in Washington D.C. stands at 93, unchanged from last month’s 93 and up from last year’s 85. The month-over-month stability suggests steady demand, while the year-over-year increase highlights continued buyer interest in this segment. Despite affordability challenges, the market for attached homes remains resilient, driven by limited inventory and strong buyer preference.
Monthly Statistics for Townhouse/Rowhouse/TwinAll prices
Home Demand
Index
Index
93
(Steady)
Home Demand Index
from prior month
from prior month
93
Home Demand Index
from prior year
from prior year
85
Months of
Inventory
Inventory
2.4
Average daily inventory last month
2,809
Inventory sold
last month
last month
1,161
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Note
1. This report is generated with data from the following counties:
- 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;
2. This report is for the May 2025 period with data collected from the previous month.
Released: May 9, 2025
Reference ID: 2241
Washington D.C. | May 2025
Home Demand Map (Zip Codes)
Buyer interest across the Washington, D.C. region is varied. Core metro areas such as Arlington and Alexandria continue to show strong demand. In contrast, suburban areas like Montgomery and Prince Georges counties remain in the slow demand range, while outlying areas, including Frederick County, exhibit limited buyer interest. This distribution highlights the region’s diverse market dynamics and shifting buyer preferences across urban, suburban, and rural areas.
Bright MLS | T3 Home Demand Index
www.homedemandindex.com