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.
The Virginia Side of the Potomac Did Well Last Week
Key Takeaways
- Northern Virginia (Fairfax, Falls Church, Alexandria, and Arlington) had a 17.6% increase in the number of newly ratified contracts, and Loudoun County was up 6.6%.
- On the other side of the Potomac, Montgomery County had a strong week as well, with an 11% increase, but its Maryland neighbor, Prince George’s County, continues to have a bit of a rough go, down 6.1% last week and down 11.8% year-to-date
- Washington, DC was off 3.9%, consistent with its 3.7% year-to-date decline.
Why It Matters
- While overall contract activity through the first seven-plus months of 2025 is pretty flat, down just 1.8%, the jurisdictional variations are pretty significant.
- Loudoun County is up 4.3% YTD, and Northern Virginia is up 1.5%. Montgomery County, Maryland, is essentially unchanged, and Prince William County, Virginia, is down just 1.1%. But DC and Prince George’s County, Maryland, have been sluggish most of the year. Location still matters!
- 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 30 days... and that climbed to 40 days now.
Another Uneven Week
Contract activity for August 3 - 9, 2025, in the Virginia Countryside and West Virginia Panhandle area was up 5.5% compared to the same seven-day period last year.
Key Takeaways
- Last week, we saw a return to what we have seen throughout much of 2025 – the Virginia Countryside fared well while the West Virginia Panhandle had fewer newly ratified contracts.
- The Virginia Countryside market was up a very healthy 33.8%, while the West Virginia Panhandle had 15.2% fewer newly-ratified contracts.
Why It Matters
- While overall contract activity through the first seven-plus months of 2025 is pretty flat, down just 1.6%, the jurisdictional variations are pretty significant.
- The Countryside market has seen a 3.8% increase in the number of new contracts YTD, while the West Virginia Panhandle is down 6.6%.
- However, we suspect that at least some of that disparity may have something to do with the level of new construction in the Panhandle. Much of the new home activity is not reflected in the MLS, so we really can’t track new contracts in real time, and WV has a greater percentage of new builds than the rest of the region because land there is still relatively affordable.
The Real Estate Details
- Virginia Countryside was up 33.8%, and is up 3.8% year-to-date.
- West Virginia Panhandle was down 15.2% and is down 6.6% year-to-date.
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
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
