Selling a luxury home today takes more than professional photography, a yard sign, and an MLS listing. High-end buyers are increasingly beginning their search online, often before they ever speak with an agent. That makes technology an important part of how luxury real estate agents position a property, reach qualified buyers, and manage the sale. […]
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Summery The Kensington detached-home market delivered strong year-over-year price growth and exceptionally fast sales in August. The median sold price was $827,500, down 14.9% from July, but still an impressive 17.4% higher than August 2025. The large month-to-month change should be viewed in context, as Kensington is a smaller market where a limited number of sales can have a greater […]
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Summery The Gaithersburg detached-home market showed signs of slowing in August, with both home prices and buyer activity moving lower. The median sold price was $865,000, down 4.7% from July and 1.1% compared with August 2025. Homes are also taking slightly longer to sell. Properties that closed in August spent an average of 22 days on the market, compared with the […]
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Summary The Rockville detached-home market showed a mix of strong year-over-year price growth and slower buyer activityin August. The median sold price was $721,250, down 6.3% from July, but still an impressive 10.1% higher than August 2025. Homes are also taking a little longer to sell. Properties that closed in August spent an average of 23 days on the market, […]
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Summary The Arlington detached-home market showed some signs of cooling in August. The median sold price was $1,250,000, down 13.8% from July and 7.2% compared with August 2025. Homes that sold in August spent an average of 27 days on the market, slightly longer than the five-year August average of 25 days. Buyer activity also slowed somewhat. There were 66 new pending […]
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Summary The Alexandria detached-home market remained active in August, with home prices continuing to move higher. The median sold price reached $907,000, up 3.5% from July and 3.7% compared with August 2025. Homes also continued to sell relatively quickly, averaging just 20 days on the market. That is slightly faster than the five-year August average of 21 days, showing that […]
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Summary In Great Falls, VA, the median sold price for Detached properties for August was $1,525,000, representing a decrease of 21.4% compared to last month and a decrease of 10.3% from Aug 2025. The average days on market for units sold in August was 32 days, 22% above the 5-year August average of 26 days. […]
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Summary The McLean detached-home market remained strong in August, particularly when it came to home values. The median sold price reached $2,500,000, up 4.2% from July and an impressive 19% compared with August 2025. Homes are taking longer to sell, however. Properties that closed in August spent an average of 55 days on the market, which is 34% longer than […]
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Summary The Washington, DC detached-home market strengthened in August, with home prices rising significantly, overall pending sales increasing, and available inventory declining. The median sold price reached $1,483,000, up 16.5% from July and an impressive 26.2% compared with August 2025. This year-over-year increase shows continued strength in detached-home values across the District. Homes did take longer to sell. The average days […]
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Summery The Chevy Chase detached-home market remained competitive in August, despite a decline in home prices and contract activity. The median sold price was $1,425,000, down 16.1% from July and 8.3% compared with August 2025. Homes continued to sell relatively quickly. The average days on market was 23 days, which is 19% faster than the five-year August average of 28 days. This […]
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