Prospective home-buyers across the Washington region showed a little more enthusiasm leading into the Labor Day period than those in some other parts of the Mid-Atlantic, according to new data.
The number of home-showings for the week ending Sept. 1 (a day before Labor Day itself) in the Washington region stood at 16,429, according to figures reported by Bright MLS, the region’s multiple-listing service.
That’s up, albeit a modest 2.4 percent from the number of showings during the same week last year. It makes the D.C. region among the minority in Bright MLS’s Mid-Atlantic catchment area, as most large reporting areas showed year-over-year declines.
Among them: the Philadelphia and Baltimore metro areas, north-central Virginia, southern Maryland and central Pennsylvania all were down. Posting year-over-year increases, in addition to the D.C. area, were the Maryland/West Virginia Panhandle, Delaware/Maryland coastal areas and Maryland’s Eastern Shore.
In Bright MLS’s language, the Washington region includes the District of Columbia; Arlington, Fairfax and Loudoun counties and the cities of Alexandria, Fairfax and Falls Church in Virginia; and Montgomery, Prince George’s and Frederick counties in Maryland. Prince William County is included in north-central Virginia data.
In the D.C. region, contracts recorded for the week ending Sept. 1 stood at 1,175, down from the week before but up from a year ago. New listings totaled 1,193, up from both a week and year before. The median list price of $615,000 was up from a week and year ago.
Sales represent most, but not all, homes on the market. Most recent figures are preliminary and subject to revision.
