Strengthened by low interest rates and a recovering local economy, the DC Metro area continued to see record-setting median sales prices, with gains particularly among higher-end homes. Demand remained strong: new pending sales of condos/co-ops achieved double-digit increases for the fourth straight month, as the volume of new listings for the category continued to gain. As well, the days on the market for sold listings held at all-time lows. Read more here or click on the photo below.
KW Metro Center Quarter 3 2020 Market Report