Asking Prices and Inventory for Homes in Washington District of Columbia

As of May 23 2011 there were about 27,590 single family and condo homes listed for sale in Washington District of Columbia. The median asking price of these homes was approximately $309,000. Since this time last year, the inventory of homes for sale has decreased by 4.0% and the median price has decreased by 3.4%.

	May 23, 2011	Month/Month	Year/Year
Median Asking Price	$309,000	+3.3%	-3.4%
Home Listings/Inventory	27,590	+1.7%	-4.0%

Recent Asking Price and Inventory History for Washington

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
05/23/2011	27,590	$182,500	$309,000	$525,000
05/16/2011	27,600	$184,900	$309,775	$525,000
05/09/2011	27,323	$180,000	$300,000	$520,000
05/02/2011	26,812	$180,000	$299,999	$519,900
04/25/2011	27,139	$179,000	$299,000	$499,999

Washington Asking Price History

The median asking price for homes in Washington peaked in May 2006 at $490,354 and is now $185,660 (37.9%) lower. From a low of $272,378 in January 2011, the median asking price in Washington has increased by $32,316 (11.9%).

25th, Median (50th) and 75th Percentile Asking Prices for Washington District of Columbia

Washington Housing Inventory History

Housing inventory in Washington, which is typically highest in the spring/summer and lowest in the fall/winter, peaked at 39,592 in May 2008. The lowest housing inventory level seen was 22,441 in January 2010.

Housing Inventory for Washington District of Columbia

Washington Asking Price and Inventory History

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
May 2011	27,331	$181,850	$304,694	$522,475
April 2011	26,043	$176,999	$294,650	$494,950
March 2011	25,029	$174,225	$286,899	$474,999
February 2011	23,839	$169,925	$273,738	$449,998
January 2011	23,383	$170,192	$272,378	$448,738
December 2010	25,176	$177,225	$282,425	$460,675
November 2010	27,164	$187,760	$298,640	$488,736
October 2010	28,270	$191,725	$299,968	$499,000
September 2010	28,165	$194,975	$300,000	$498,225
August 2010	28,456	$197,600	$305,780	$498,660
July 2010	29,117	$199,900	$317,200	$513,000
June 2010	28,894	$199,975	$320,475	$524,998
May 2010	28,719	$200,400	$320,582	$522,998
April 2010	28,434	$199,850	$316,173	$504,675
March 2010	25,311	$192,350	$297,580	$479,760
February 2010	23,228	$185,859	$289,700	$464,706
January 2010	22,441	$185,000	$286,000	$458,450
December 2009	23,684	$188,475	$292,000	$474,200
November 2009	25,861	$196,200	$299,780	$497,370
October 2009	26,824	$199,000	$300,000	$499,963
September 2009	27,576	$199,000	$300,000	$499,425
August 2009	28,091	$199,720	$304,360	$501,758
July 2009	28,870	$199,988	$314,750	$521,725
June 2009	30,177	$208,970	$322,925	$534,379
May 2009	31,018	$210,000	$323,044	$531,975
April 2009	30,677	$213,325	$320,725	$526,000
March 2009	29,700	$215,200	$317,629	$510,800
February 2009	29,266	$215,725	$310,875	$499,675
January 2009	29,886	$219,145	$313,071	$502,233
December 2008	30,990	$222,840	$318,361	$507,803
November 2008	32,799	$226,416	$323,481	$513,193
October 2008	34,836	$230,112	$328,771	$518,762
September 2008	35,567	$234,518	$332,316	$520,640
August 2008	37,372	$239,649	$336,561	$526,921
July 2008	37,947	$244,861	$345,141	$534,167
June 2008	39,321	$253,225	$354,694	$534,956
May 2008	39,592	$254,974	$356,961	$539,815
April 2008	38,543	$263,386	$357,739	$536,899
March 2008	36,849	$267,403	$361,488	$534,922
February 2008	34,513	$276,012	$367,659	$534,943
January 2008	33,577	$281,724	$373,524	$536,068
December 2007	35,529	$290,455	$383,458	$555,330
November 2007	37,545	$301,894	$394,058	$571,888
October 2007	38,240	$308,386	$405,123	$585,033
September 2007	38,393	$316,047	$407,898	$588,393
August 2007	38,198	$323,544	$412,831	$593,555
July 2007	38,432	$329,214	$427,645	$611,660
June 2007	37,436	$336,574	$438,549	$630,604
May 2007	34,678	$337,365	$442,272	$636,381
April 2007	30,772	$341,598	$446,862	$641,315
March 2007	26,821	$341,368	$448,698	$641,893
February 2007	25,634	$338,589	$448,111	$641,893
January 2007	25,470	$339,435	$448,147	$641,893
December 2006	28,546	$344,556	$450,024	$641,968
November 2006	31,718	$346,715	$456,705	$643,827
October 2006	34,501	$351,675	$458,834	$651,630
September 2006	34,832	$356,668	$459,000	$659,762
August 2006	36,063	$356,923	$462,417	$660,443
July 2006	36,430	$361,853	$472,015	$670,633
June 2006	35,669	$368,398	$483,925	$688,491
May 2006	32,682	$372,300	$490,354	$695,243
April 2006	28,355	$367,098	$489,528	$695,463