Weekly Meter
DC / MD / VA / WV
We compare contract activity for the same seven-day period of the previous year in Loudoun County, Prince William County, Northern Virginia, Washington, DC, and Prince George's County. These statistics are updated on a weekly basis. Sign up for our newsletter on the latest market data.
Prince George’s County Continues to Struggle
Contract activity for July 20 – 26, 2025, in the Metro DC area was down 2.3% compared to the same seven-day period last year.
Key Takeaways
- The weekly decline is due almost entirely to a rough week for contract activity in Prince George’s County, which was off 24.6% compared to this time last year.
- Four of the other five jurisdictions we track actually had increases in the number of new contracts.
- Prince William County was down a bit, but Northern Virginia, Loudoun, Montgomery and even Washington, DC were all up.
Why It Matters
- While overall activity continues to be pretty flat, it is clear that the Northern Virginia suburbs are faring better than those on the other side of the Potomac.
- Montgomery County is almost exactly where it was through the first seven months of 2024, while DC and Prince George’s County are tracking well below last year’s performance.
- And once again, homes are taking longer to sell than a year ago. This same week last year saw homes going under contract in an average of 27 days . . . and that climbed to 41 days now.
Limping Along at a Slower Pace, Especially in West Virginia
Contract activity for July 20 - 26, 2025, in the Virginia Countryside and West Virginia Panhandle area was down 5.5% compared to the same seven-day period last year.
Key Takeaways
- The West Virginia Panhandle market continues to underperform last year’s contract activity, with a 10.1% decline in the number of newly ratified contracts compared to the same week last year.
- The Virginia Countryside market was off slightly last week, down just 2% compared to last year.
Why It Matters
- Mortgage interest rates are remarkably stable – last week, the national average for a 30-year fixed-rate mortgage was 6.74%. The previous week, the average was 6.75% and a year ago, it was 6.79%.
- These more rural markets bucked a trend of homes taking longer to sell than the same time last year. Last week, the average days on market for homes going under contract was 39. In the just-completed week, it was just 36.
The Real Estate Details
- Virginia Countryside was down 2.0%, but is up 2.9% year-to-date.
- West Virginia Panhandle was down 10.1% and is down 7.1% year-to-date.
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Copyright © Corcoran 2023 – 2025. Corcoran and the Corcoran Logo are trademarks of Corcoran Group LLC. Corcoran Group LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated offices are not provided by, affiliated with, or related to Corcoran Group LLC nor any of its affiliated companies.
© Corcoran McEnearney 2025. All rights reserved. DO NOT SELL MY PERSONAL INFORMATION
PARTNERED AFFILIATES
Copyright © Corcoran 2023 – 2025. Corcoran and the Corcoran Logo are trademarks of Corcoran Group LLC. Corcoran Group LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated offices are not provided by, affiliated with, or related to Corcoran Group LLC nor any of its affiliated companies.
© Corcoran McEnearney 2025. All rights reserved.
DO NOT SELL MY PERSONAL INFORMATION
