Inman

Inman’s January market update: Washington, DC

MarkVanDykePhotography / iStock.com

DC’s market is in the middle of the winter lull, with its market trends reflecting the time of the year to a T. According to Altos Research, Inman reports the median single-family home value is trending downward in DC.

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The market is nearing closer to balanced but still remains strongly in the hands of sellers, with the days on market increasing and inventory falling.