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Washington, DC’s detached home market showed signs of moderating in June as inventory increased and buyer activity slowed, even though home values remained higher than a year ago. The median sold price reached $1,335,000, reflecting a 5.8% decrease from May but still a 2.7% increase compared to June 2025, demonstrating the market’s long-term stability.
Homes spent an average of 37 days on the market, which is 25% longer than the five-year June average of 30 days, giving buyers additional time to evaluate available properties. New pending sales declined 16.2% month over month to 98 contracts, while total pending sales fell 9.6% to 142. At the same time, active inventory increased 4.4%, bringing the total number of detached homes for sale to 356.
These conditions resulted in a Contract Ratio of 0.40, down from 0.46 in May but slightly above 0.39 recorded in June 2025. The ratio also remains 15% below the five-year June average of 0.47, indicating a market that is becoming more balanced and offering buyers greater opportunities. A higher Contract Ratio reflects stronger buyer demand relative to available inventory and generally favors sellers, while a lower ratio points to increased inventory, softer competition, and improved negotiating leverage for buyers.
