The State of the Housing Market in Washington, DC & Surrounding Areas – November 2025

Market in a Minute & StatPak November 2025

We profile the most important market indicators every month – contract activity, interest rates, inventory, affordability, and direction of the market – in an easy-to-read and digest summary. It’s not just the numbers; it provides context to understand why the numbers are important and what they mean for the future of the market. Published for Washington, DC, Montgomery County, Prince George’s County, Northern Virginia, and Loudoun County. A quick summary of last month’s contract activity is shown below. To see the complete “Market in a Minute” reports for each jurisdiction we cover, click on the corresponding links.

What’s the Urgency Index?

This is simply the measure of the percentage of homes going under contract that were on the market 30 days or less, giving a sense of how quickly buyers feel they must act to put an offer on a home. To see your market’s Urgency Index, click the link to view the full report.

Washington, DC

November 2025 StatPak – View Full Report

Contract activity in October 2025 was down 15.0% from October 2024 and was down in four out of six price categories. Through the first ten months of the year, contract activity is down 3.6%. The average number of days on the market for homes receiving contracts was 67 days in October 2025, up from 64 days in October 2024.

Montgomery County

November 2025 StatPak – View Full Report

Contract activity in October 2025 was up 11.0% from October 2024 and was up in five price categories. Through the first ten months of the year, contract activity is up just 0.6%. The average number of days on the market for homes receiving contracts was 41 days in October 2025, up significantly from 28 days last October.

Prince George’s County

November  2025 StatPak – View Full Report

Contract activity in October 2025 was down 4.0% from October 2024 and was down for three out of five price categories. Through the first ten months of the year, contract activity is down 11.4%. The average number of days on the market for homes receiving contracts was 54 days in October 2025, up significantly from 35 days in October 2024.

Northern Virginia

November 2025 StatPak – View Full Report

Contract activity in October 2025 was up just 0.8% from October 2024 and was up for three price categories. Through the first ten months of the year, contract activity is up 1.5%. The average number of days on the market for homes receiving contracts was 39 days in October 2025, up from 26 days last October.

Loudoun County

November 2025 StatPak – View Full Report

Contract activity in October 2025 was up 5.5% from last October and was up for four price categories. Through the first ten months of the year, contract activity is up 6.3%. The average number of days on the market for homes receiving contracts was 47 days in October 2025, up significantly from 27 days last October.

Virginia Countyside

November 2025 StatPak – View Full Report

Contract activity in October 2025 was down just 0.3% from last October but was up for four price categories. Through the first ten months of the year, contract activity is up 1.0%. The average number of days on the market for homes receiving contracts was 45 days in October 2025, up from 43 days last October.

Visit corcoranmce.com to search listings for sale in Washington, D.C., Maryland, Virginia, and West Virginia.

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