The State of the Housing Market in Washington, DC & Surrounding Areas – February 2026

Market in a Minute & StatPak February 2026

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

February 2026 StatPak – View Full Report

Contract activity in January 2026 was down 13.6% from January 2025 and was down in all price categories. The average number of days on the market for homes receiving contracts was 99 days in January 2026, up from 76 days in January 2025. 

Montgomery County

February 2026 StatPak – View Full Report

Contract activity in January 2026 was up 1.0% from January 2025 and was up in three price categories. The average number of days on the market for homes receiving contracts was 55 days in January 2026, up significantly from 35 days last January.

Prince George’s County

February 2026 StatPak – View Full Report

Contract activity in January 2026 was down 6.7% from January 2025 and was down for three out of five price categories. The average number of days on the market for homes receiving contracts was 63 days in January 2026, up significantly from 46 days in January 2025.

Northern Virginia

February 2026 StatPak – View Full Report

Contract activity in January 2026 was up 8.3% from January 2025 and was up for five price categories. The average number of days on the market for homes receiving contracts was 44 days in January 2026, up from 35 days last January.

Loudoun County

February 2026 StatPak – View Full Report

Contract activity in January 2026 was up 17.2% from last January and was up for three price categories. The average number of days on the market for homes receiving contracts was 54 days in January 2026, up significantly from 30 days last January.

Virginia Countyside

February 2026 StatPak – View Full Report

Contract activity in January 2026 was up 16.3% from last January and was up for five price categories. The average number of days on the market for homes receiving contracts was 64 days in January 2026, up slightly from 63 days last January.

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

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