D.M.V. Contract Activity
Timing Is Everything - Part 3 (Now Everyone Shows Up)
Apparently, when the calendar finally cooperates, the housing market throws a bit of a party.
After two weeks of holiday-related distortions, the Metro DC market delivered a breakout performance, with buyers returning in force across every jurisdiction—and across every price point.
- Total contract activity surged 42.5% year over year, with nearly 1,500 newly ratified contracts.
- All six jurisdictions posted increases—the first time this year.
- Strong gains in Northern Virginia (+48.0%), Loudoun (+56.3%), and Montgomery County (+59.3%).
- Upper-end market showed strength, with 325 homes over $1M going under contract.
- Days on market held steady at 29 days.
- This is another strong example that timing matters.
- Last year’s Easter timing suppressed activity—this year shows the true demand level.
- Broad, durable demand is evident across all jurisdictions.
- Buyers are decisive, not just active.
- High-end buyers remain active despite uncertainty.
Blue Ridge Contract Activity
Timing Is Everything – Part 3 (Scenic Route Edition)
While the metro market was busy making headlines, the Virginia Countryside and West Virginia Panhandle quietly put together a week that was just as impressive—without the traffic.
- Total contract activity rose 21.6% year over year.
- Virginia Countryside increased 20.7%.
- West Virginia Panhandle climbed 22.6%.
- All segments participated.
- Days on market held steady at 38.
- Year-to-date activity is up 10.1%.
- Timing affects perception—but not direction.
- This year reveals stronger underlying demand.
- Consistency stands out vs metro markets.
- Balanced market with rising activity and stable timing.
- Quiet outperformance year-to-date.
- Virginia Countryside: +20.7% (week), +11.7% YTD
- West Virginia Panhandle: +22.6% (week), +8.7% YTD
- Combined weekly increase: +21.6%
- Days on market: 38 days
