General

Washington DC area condo prices

Washington DC area condo prices

New condo prices have risen 3.7 percent across the DC area on average, but the numbers vary based on sub-market. For example, prices rose by double digits in Arlington/Alexandria, but fell 3.2 percent in a wide swath of DC that includes Capitol Hill, NoMa, Capitol Riverfront and communities East of the River, according to data research firm Delta & Associates. The pricing reflects that “In upper NW DC, there is virtually no new inventory available, but in Loudoun County, there is 2.0 years of inventory.”

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