Virginia & D.C. Housing Market Update – Why Now Is the Time to Act

The latest May 2025 housing market data is in, and all signs point to a pivotal moment for buyers and sellers across Northern Virginia and Washington, D.C. Whether you're eyeing Arlington, Fairfax, Loudoun, or the heart of D.C. itself, the landscape is shifting—fast.

Thinking about making a move? Start your home search now.

Home Prices Hit New Highs Across the Region

In North Central Virginia, the median sold price surged to $515,000, a 4% year-over-year increase—marking an all-time high. In Fairfax County, it's even higher, reaching $787,000, and in Falls Church City, prices skyrocketed to $1.75M, up 38.9%.

Over in Washington, D.C., the median home price climbed to $659,950, a record-setting figure as well.

Pro tip: If you're planning to sell, you could capitalize on this record-breaking appreciation. Get your home value instantly.

Inventory Is Rising—Giving Buyers More Power

While prices are climbing, so is inventory. North Central Virginia saw a 35.2% year-over-year increase in active listings. In the D.C. Metro area, inventory jumped 41.6%, offering more choices than we've seen in years.

That means less bidding wars and more negotiation leverage—for now.

✅ Buyers, this is your window. Browse homes in Arlington, Alexandria, and beyond.

Single-Family and Townhomes Remain in High Demand

Detached single-family homes in Virginia continue to dominate. In Loudoun County, closed sales rose by 5.8% with a median price of $775,000.

Townhomes and condos? Still moving, but a bit slower. In North Central Virginia, condo closed sales dropped 5.7%, yet prices jumped nearly 9%, showing buyers still see value.

Whether you're upsizing, downsizing, or investing—now is the time to plan. Schedule a call with our team.

⏳ Days on Market Are Rising—but Not for Long

In both Northern Virginia and D.C., homes are taking slightly longer to sell. Median days on market rose from 6 to 8 days in many areas.

That’s still lightning fast.

Sellers: Don't wait for summer competition to spike. List your home with the #1 social media team in Northern Virginia.

What This Means for You

Federal job cuts and economic uncertainty have slowed buyer activity in some sectors—but serious buyers are still in the game, and new listings are climbing. In D.C., new pending sales jumped 3.5% month-over-month.

That tells us this summer could be busy—and prices may keep rising.

Waiting could cost you. See the latest listings in your city now.

Let’s Talk Strategy

Whether you're buying in Arlington, selling in Fairfax, or looking at investment properties in Loudoun, we’re here to guide you every step of the way.

DM us on Instagram at @chriscolganteam
Or call/text anytime at (571) 437-7575
Serving all of Northern Virginia & D.C.

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