Reply to Zillow data shows DC with 3rd largest price drop in the Nation

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[quote=Anonymous][quote=Anonymous]Not sure where these numbers come from, or what specifically they are referring to. Washington DC proper? And is this for all homes - Single family, townhomes, and condo's? So many questions about this chart the OP posted.

Here are some actual stats directly from our region's MLS for the month of April:

Here’s how local markets performed compared to April 2024: Sales were down, but prices actually increased slightly.

Washington, D.C. Metro
Closed Sales: 4,454 (-1.4%)
Median Sales Price: $655,215 (+2.4%)
Median Days on Market: 7 days (+1)

Alexandria City, VA
Closed Sales: 163 (-12.8%)
Median Sales Price: $790,000 (+5.3%)
Median Days on Market: 6 days (+1)

Arlington County, VA
Closed Sales: 219 (-9.5%)
Median Sales Price: $810,000 (+3.5%)
Median Days on Market: 7 days (+1)

Fairfax City, VA
Closed Sales: 33 (+22.2%)
Median Sales Price: $840,000 (+1.2%)
Median Days on Market: 6 days (+1)

Fairfax County, VA
Closed Sales: 1,148 (-0.9%)
Median Sales Price: $775,000 (+3.3%)
Median Days on Market: 6 days (+1)

Falls Church City, VA
Closed Sales: 21 (+133.3%)
Median Sales Price: $1,350,000 (+17.4%)
Median Days on Market: 5 days (+1)

Frederick County, MD
Closed Sales: 302 (+8.2%)
Median Sales Price: $471,726 (+2.5%)
Median Days on Market: 7 days (no change)

Loudoun County, VA
Closed Sales: 476 (+6.3%)
Median Sales Price: $805,000 (+3.4%)
Median Days on Market: 6 days (+1)

Montgomery County, MD
Closed Sales: 871 (+0.3%)
Median Sales Price: $670,000 (+3.1%)
Median Days on Market: 7 days (+1)

Prince George's County, MD
Closed Sales: 670 (-5.9%)
Median Sales Price: $454,445 (+5.6%)
Median Days on Market: 14 days (+4)

Washington, DC
Closed Sales: 551 (-6.3%)
Median Sales Price: $750,000 (+6.3%)
Median Days on Market: 18 days (+3)

[/quote]

Throw out Falls Church and Fairfax City. They're so small one or two houses that sell skew the results. [/quote]

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