May 2026. Monthly Housing Market Trends Report for Arlington, VA, Washington DC and Montgomery County. This is our monthly update and insights based on year over year numbers on these three markets. What do the numbers mean to you? How can they be translated to your current needs when buying or selling?
Homes prices at a new record high in the Washington D.C. metro. The median sold price in the D.C. metro area was $680,000 in May, a 3.0% increase over a year ago, and a new record high, driven by strong price growth in the single-family detached market where the median price hit $900,000 last month. A lack of single-family inventory is a key driver of recent price growth. Overall, the supply of single-family detached homes is just 55% of what it was in 2019, while townhome inventory is back to 2019 levels and condo inventory has pushed far above pre-pandemic levels. Homes are selling very quickly in the Washington D.C. metro area, and demand outpaces supply in many local markets. The median days on market in May was 8, unchanged from a year ago. The typical single-family detached home sold in just 6 days. New pending sales were up only slightly, rising 0.2% from a year ago. However, sellers held back, with the number of new listings in May down 4.9% compared to May 2025.
