SPRING MARKET!! What's the vibe?

[Anonymous]

Moco is on the upswing but yes still quite slow especially outside the beltway. NIH and biotech took a big hit

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm getting a "this is what it looks like before the economy crashes" sort of vibe.

If I had a dollar for every comment like this on this site since 2016

This time might actually be different.

We've decided not to list my mother's second home in DC in part because the market is down. It's hard to ignore the micro and macro economic indicators for this in DC.

Nova is on fire. Moco is moving but a bit slower. DC is still struggling, it’s never come back from COVID highs and nobody is happy with the current state of affairs - you’re either still mad about the crime rate that took way too long to fix or you’re mad the national guard is there and Trump’s cronies are all over town.

+1

Just sold a house in FFX. Sold in less than a week with a bidding war.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm getting a "this is what it looks like before the economy crashes" sort of vibe.

If I had a dollar for every comment like this on this site since 2016

This time might actually be different.

We've decided not to list my mother's second home in DC in part because the market is down. It's hard to ignore the micro and macro economic indicators for this in DC.

Nova is on fire. Moco is moving but a bit slower. DC is still struggling, it’s never come back from COVID highs and nobody is happy with the current state of affairs - you’re either still mad about the crime rate that took way too long to fix or you’re mad the national guard is there and Trump’s cronies are all over town.

Upper NW has been selling well. Not really understanding the comment about COVID highs…it continues to sell at higher prices compared to 2021/22.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm getting a "this is what it looks like before the economy crashes" sort of vibe.

If I had a dollar for every comment like this on this site since 2016

This time might actually be different.

We've decided not to list my mother's second home in DC in part because the market is down. It's hard to ignore the micro and macro economic indicators for this in DC.

Nova is on fire. Moco is moving but a bit slower. DC is still struggling, it’s never come back from COVID highs and nobody is happy with the current state of affairs - you’re either still mad about the crime rate that took way too long to fix or you’re mad the national guard is there and Trump’s cronies are all over town.

Upper NW has been selling well. Not really understanding the comment about COVID highs…it continues to sell at higher prices compared to 2021/22.

Overall as of Feb 2026 DC home prices are down 8.2% compared to last year (or $140K in dollars).

Another proxy is home equity value, which is down 38% for all DC homes since 2020.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm getting a "this is what it looks like before the economy crashes" sort of vibe.

If I had a dollar for every comment like this on this site since 2016

This time might actually be different.

We've decided not to list my mother's second home in DC in part because the market is down. It's hard to ignore the micro and macro economic indicators for this in DC.

Nova is on fire. Moco is moving but a bit slower. DC is still struggling, it’s never come back from COVID highs and nobody is happy with the current state of affairs - you’re either still mad about the crime rate that took way too long to fix or you’re mad the national guard is there and Trump’s cronies are all over town.

Upper NW has been selling well. Not really understanding the comment about COVID highs…it continues to sell at higher prices compared to 2021/22.

Overall as of Feb 2026 DC home prices are down 8.2% compared to last year (or $140K in dollars).

Another proxy is home equity value, which is down 38% for all DC homes since 2020.

According to Redfin, DC home prices overall are down 8.2% to $595k, but that is for the entire city and includes tons of condos.

If you look at certain neighborhoods, AU Park-Tenley-Friendship Heights SFH prices are down 2.7% (though price per sq ft is up), Palisades is up by 5.9%, Van Ness-Forest Hills-Wakefield house prices were way up, but 39% YoY but it's a small sample size.

[Anonymous]

It's about the same as the last few years. Inventory right now about 20% less than the same time last year.

[Anonymous]

Anonymous wrote:This one sat for months in Arlington Forest - looks like it ended up with a small bidding war once the spring market opened?

https://www.redfin.com/VA/Arlington/4810-3rd-St-N-22203/home/11243329

wow, that's something

[Anonymous]

Anonymous wrote:Moco is on the upswing but yes still quite slow especially outside the beltway. NIH and biotech took a big hit

No, it is not on the upswing. The market has cooled in moco.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Moco is on the upswing but yes still quite slow especially outside the beltway. NIH and biotech took a big hit

No, it is not on the upswing. The market has cooled in moco.

That is correct. It is stable and whoever said upswing is delusional.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Moco is on the upswing but yes still quite slow especially outside the beltway. NIH and biotech took a big hit

No, it is not on the upswing. The market has cooled in moco.

That is correct. It is stable and whoever said upswing is delusional.

.

I mean fair but whenever you say that the moco mafia goes cray cray

[Anonymous]

Vienna market is hot.

https://www.zillow.com/homedetails/1207-Drake-St-SW-Vienna-VA-22180/51803624_zpid/

https://www.zillow.com/homedetails/8316-Westchester-Dr-Vienna-VA-22182/51776719_zpid/

These two sold $100k over asking.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This one sat for months in Arlington Forest - looks like it ended up with a small bidding war once the spring market opened?

https://www.redfin.com/VA/Arlington/4810-3rd-St-N-22203/home/11243329

Man, Arlington Forest has been 100% two story colonial revival for decades. I guess the teardown and rebuild movement has finally reached that neighborhood.

My take is Kenmore + Barrett scared off the developers for a long time but they're now getting $2.5M for new builds in Bluemont (Kenmore + Ashlawn) so low 2s in Arlington Forest seem attainable (which this comp above proves)... bummer.

Bluemont south of Wilson always had small working class homes, since it was adjacent to the old freight railway (now a park). So it's an easy tear down area for expensive large new builds. And now those homes are getting snapped up.

Interestingly, the original, middle and upper middle class colonials in Bluemont/Lacy Woods north of Wilson (Ashlawn/Cardinal > Swanson) are selling for less than those larger new builds.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This one sat for months in Arlington Forest - looks like it ended up with a small bidding war once the spring market opened?

https://www.redfin.com/VA/Arlington/4810-3rd-St-N-22203/home/11243329

Man, Arlington Forest has been 100% two story colonial revival for decades. I guess the teardown and rebuild movement has finally reached that neighborhood.

My take is Kenmore + Barrett scared off the developers for a long time but they're now getting $2.5M for new builds in Bluemont (Kenmore + Ashlawn) so low 2s in Arlington Forest seem attainable (which this comp above proves)... bummer.

Bluemont south of Wilson always had small working class homes, since it was adjacent to the old freight railway (now a park). So it's an easy tear down area for expensive large new builds. And now those homes are getting snapped up.

Interestingly, the original, middle and upper middle class colonials in Bluemont/Lacy Woods north of Wilson (Ashlawn/Cardinal > Swanson) are selling for less than those larger new builds.

The stretch of the Bluemont Trail along N Bluemont Dr is incredible. You’ve got AFC and Bluemont Park right there or Ballston and the metro if you walk the other way (the trail will also drop you right near the new metro entrance once it’s built too). If the homes weren’t zoned to Kenmore they’d probably be pushing low 3s like Waverly Hills which is similarly situated to Ballston.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This one sat for months in Arlington Forest - looks like it ended up with a small bidding war once the spring market opened?

https://www.redfin.com/VA/Arlington/4810-3rd-St-N-22203/home/11243329

Man, Arlington Forest has been 100% two story colonial revival for decades. I guess the teardown and rebuild movement has finally reached that neighborhood.

My take is Kenmore + Barrett scared off the developers for a long time but they're now getting $2.5M for new builds in Bluemont (Kenmore + Ashlawn) so low 2s in Arlington Forest seem attainable (which this comp above proves)... bummer.

Bluemont south of Wilson always had small working class homes, since it was adjacent to the old freight railway (now a park). So it's an easy tear down area for expensive large new builds. And now those homes are getting snapped up.

Interestingly, the original, middle and upper middle class colonials in Bluemont/Lacy Woods north of Wilson (Ashlawn/Cardinal > Swanson) are selling for less than those larger new builds.

The stretch of the Bluemont Trail along N Bluemont Dr is incredible. You’ve got AFC and Bluemont Park right there or Ballston and the metro if you walk the other way (the trail will also drop you right near the new metro entrance once it’s built too). If the homes weren’t zoned to Kenmore they’d probably be pushing low 3s like Waverly Hills which is similarly situated to Ballston.

Arlington Forest Club pool and Bluemont Park / W&OD trail is a huge bonus for the area. And the Dominion Hills pool is also very close. I just hope they don't rip out the W&OD trail for the proposed commuter line--still very much a conceptual proposal. So if it happens it would be 20 years from now or longer.

[Anonymous]

Anonymous wrote:Vienna market is hot.

https://www.zillow.com/homedetails/1207-Drake-St-SW-Vienna-VA-22180/51803624_zpid/

https://www.zillow.com/homedetails/8316-Westchester-Dr-Vienna-VA-22182/51776719_zpid/

These two sold $100k over asking.

$100k over asking for that ES and being that close to 66 is crazy.