The Kensington, MD detached home market saw strong price growth in July, with the median sold price reaching $972,500. That represents an 11.1% increase from June and an 8.1% increase compared with July 2025. Homes are still selling relatively quickly. The average days on market was 17 days, only slightly longer than the five-year July […]
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The North Bethesda detached home market saw a significant increase in home values during July. The median sold price reached $1,774,500, up 10.9% from June and an impressive 32.2% compared with July 2025. While prices increased, homes took considerably longer to sell. The average days on market was 72 days, compared with the five-year July […]
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The Gaithersburg, MD detached home market remained strong in July, with home prices continuing to move higher. The median sold price reached $907,500, up 6.1% from June and 8.6% compared with July 2025. Homes also continued to sell quickly. The average days on market was just 18 days, slightly faster than the five-year July average […]
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Summary The Washington, DC detached home market showed signs of cooling in July, creating a more balanced environment and potentially more opportunities for buyers. The median sold price was $1,272,500, down 4.7% from June and 1.4% compared with July 2025. Homes are also taking longer to sell. The average days on market increased to 44 […]
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In Potomac, MD, the detached home market delivered strong price growth in July, with the median sold price reaching $1,480,000. That represents a substantial 13.8% increase from June and an 8% increase compared with July 2025, demonstrating continued strength in Potomac home values. Homes took a little longer to sell, however. The average days on […]
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In Chevy Chase, MD, the detached home market experienced some moderation in July, with the median sold price at $1,699,000. This represents a 2.1% decrease from June and a 13.8% decline compared with July 2025. Despite the decrease in prices, homes continued to sell relatively quickly, averaging just 18 days on the market, slightly faster […]
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In Bethesda, MD, the detached home market posted a significant increase in home values during July. The median sold price reached $1,750,000, up 5.6% from June and an impressive 22.5% compared with July 2025. While prices remain strong, homes are taking somewhat longer to sell. The average property sold in 32 days, which is 46% […]
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Mortgage rates are influenced by much more than decisions made by the Federal Reserve. Global demand for U.S. Treasury bonds, inflation expectations, foreign currencies, and investor confidence can all affect the 10-year Treasury yield—one of the key benchmarks mortgage rates tend to follow. Recent concerns involving Japan, the Japanese yen, and U.S. Treasury holdings are […]
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Many people assume that the Federal Reserve is the primary force behind mortgage rates. Whenever borrowing costs rise or fall, the focus immediately turns to the Fed’s interest rate decisions. While the Fed certainly influences the economy, it does not directly determine 30-year fixed mortgage rates. Instead, those rates are closely linked to the yield […]
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When it comes to luxury real estate in Washington, DC, Maryland, and Northern Virginia, not every renovation delivers the same return. High-end buyers have elevated expectations, and they are willing to pay a premium for homes that combine timeless design, modern technology, and exceptional functionality. If you’re considering updating your luxury home before selling, knowing […]
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