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In Washington, DC, the detached housing market gained momentum in April as buyer activity increased and home prices rebounded from the previous month. The median sold price rose to $1,192,500, reflecting a 14.1% increase from March, although prices remained 4.6% lower than they were in April 2025. Homes sold in an average of 43 days, which is 34% above the five-year April average of 32 days, showing that properties are still taking longer to move compared to historical norms.
Buyer demand strengthened during the month, with new contract activity increasing 27.9% month over month to 156 new pending sales. Total pending contracts, including those carried over from March, climbed 33.5% to 207 transactions. Inventory also continued to rise, though at a more moderate pace, with active listings increasing 5.5% to 346 homes available for sale.
This combination of stronger contract activity and moderate inventory growth pushed the Contract Ratio up to 0.60 pendings per active listing, an improvement from 0.47 in March and significantly higher than the 0.35 ratio recorded in April 2025. Notably, the current ratio aligns exactly with the five-year April average of 0.60, signaling that the market is returning to more normalized conditions. Overall, the Washington, DC detached market appears balanced, with both buyers and sellers finding opportunities. Well-priced homes continue to attract attention, while buyers benefit from improved inventory levels and a less competitive environment than in recent years.
