Washington, DC Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

Is now a good time to sell a house in DC? ›

1. Best Time to Sell Your House for a Higher Price. April, May, and October are the best months to sell your house in Washington DC. The median sale price of houses in April 2023 was $675,000, which is expected to rise in 2024.

How much does a Real Estate Agent make in Washington, DC? As of Jun 11, 2024, the average annual pay for a Real Estate Agent in Washington is $100,261 a year. Just in case you need a simple salary calculator, that works out to be approximately $48.20 an hour. This is the equivalent of $1,928/week or $8,355/month.

Washington, D.C.

Couple that with a market that's supported by lots of reliable, high-paying government jobs, as well as a thriving private-sector, and you've got fertile ground for a blossoming real estate career.

Washington, DC housing market

The median listing home price in Washington, DC was $614.9K in May 2024, trending down -5.4% year-over-year. The median listing home price per square foot was $522. The median home sold price was $697.5K.

Homes in Washington, DC receive 3 offers on average and sell. The median sale price of a home in Washington, DC was $697K last month, up 3.3% since last year. The median sale price per square foot in Washington, DC is $534, up 0.6% since last year.…

Best Time to Sell Your House for a Higher Price

April, June, and July are the best months to sell your house in California. The median sale price of houses in June 2023, was $796,400, which is expected to grow more in 2024. However, cities like Arcadia and San Mateo follow an upward trend throughout the year.

According to GlassDoor, the top five states with the highest real estate broker salaries are New York, California, Nevada, Iowa, and Arizona. Commissions can vary based on city, market, property type, sales volume, and experience levels.

Where is the highest demand for real estate agents? ›

Whether you're looking to purchase your first investment property, or own multiple rental units, DC real estate and offers many opportunities. The city of Washington, DC has been transforming the real estate landscape making it a compelling option for those looking to pay for and make the investment of a rental house.

1. West End. West End is the most expensive neighborhood in Washington, D.C., as the average rent for a one-bedroom unit is $3,514.

Homes tend to sell faster and for a higher price in DC proper, favoring sellers, while ZIP codes on the periphery see relatively longer times on the market, more common price cuts, and larger discrepancy between list price and sale price.

District of Columbia Real Estate Market Statistics

Average Home Prices: The average median home price in District of Columbia is $593,950, up by 6.5% YoY. In 2024, the median sale price will keep increasing marginally due to DC's tight inventory. Home Sales: As per January 2024 data, home sales decreased by 25.5% YoY!

Typically, winter time is the slowest of the year to sell a property, specifically November, December, and January. However, there are some exceptions because there are several conditions that affect the housing market.