TTR Sotheby's International Realty 2025 Year-End Market Review - DMV
As we reflect on 2025, the Washington Metropolitan Area’s luxury residential real estate market demonstrated remarkable resilience.
Despite a substantial downsizing of the region’s federal workforce and contractor base, tariffs that disrupted global markets during the height of the spring season, and historically low housing inventory, the market remained strong.
Several record-breaking transactions closed across Washington, D.C. and the surrounding Maryland and Virginia suburbs, including the year’s highest sale at 6501 Bright Mountain Road in McLean for over $27 million.
Across the region:
Luxury transactions over $5 million increased 17% year over year, with 143 sales in 2025 compared to 120 in 2024.
The ultra-luxury segment (sales over $10 million) rose 45% year over year, with 20 transactions in 2025 versus 11 the prior year.
TTR Sotheby's International Realty participated in 15 of these 20 ultra-luxury sales, representing a 75% share of the Washington Metropolitan Area’s $10M+ market.
Washington, D.C.’s condominium market told a slightly different story. Total condo sales declined approximately 6% year over year to 2,838 transactions in 2025. While median sale prices remained relatively flat, median days on market increased from 22 to 27 days, creating meaningful opportunities for buyers heading into 2026.
At TTR Sotheby's International Realty, we leverage the strength of a globally recognized brand, innovative marketing, industry-leading research, and an unparalleled regional and international network to guide our clients through an evolving market.
VIRGINIA SINGLE-FAMILY HOMES
2025 Market Review
Alexandria
Median Sold Price: $950,000 (↑1%)
Homes Sold: 986 (↑10%)
Avg. Days on Market: 19 days (↑12%)
Arlington County
Median Sold Price: $1,204,800 (↑0%)
Homes Sold: 1,117 (↑11%)
Avg. Days on Market: 26 days (↑24%)
Falls Church
Median Sold Price: $1,332,547 (↑6%)
Homes Sold: 98 (↑10%)
Avg. Days on Market: 15 days (↑7%)
Fairfax County
Median Sold Price: $850,000 (↑1%)
Homes Sold: 9,108 (↑2%)
Avg. Days on Market: 21 days (↑5%)
Loudoun County
Median Sold Price: $865,000 (↑4%)
Homes Sold: 4,227 (↑8%)
Avg. Days on Market: 22 days (↑29%)
Fauquier County
Median Sold Price: $660,000 (↑8%)
Homes Sold: 905 (↑4%)
Avg. Days on Market: 34 days (↑3%)
Most Active Single-Family Markets in Northern Virginia (2025):
Alexandria
Arlington
McLean
Fairfax
Leesburg
VIRGINIA CONDOS & CO-OPS
2025 Market Review
Alexandria
Median Sold Price: $395,000 (↑2.6%)
Units Sold: 1,005 (↓4%)
Avg. Days on Market: 30 days (↑43%)
Arlington County
Median Sold Price: $450,000 (↓3.7%)
Units Sold: 1,182 (0%)
Avg. Days on Market: 32 days (↑14%)
Falls Church
Median Sold Price: $630,000 (↑22.6%)
Units Sold: 72 (↑64%)
Avg. Days on Market: 55 days (↑104%)
Fairfax County
Median Sold Price: $338,000 (↑3.5%)
Units Sold: 2,690 (↓5%)
Avg. Days on Market: 27 days (↑42%)
Loudoun County
Median Sold Price: $507,667 (↑1.5%)
Units Sold: 1,098 (↓3%)
Avg. Days on Market: 28 days (↑27%)
Fauquier County
Median Sold Price: $360,000 (↑14.3%)
Units Sold: 31 (↓30%)
Avg. Days on Market: 19 days (↑46%)
As we look ahead to 2026, the data underscores a market defined not by volatility, but by recalibration. Luxury and ultra-luxury properties continue to command global attention, single-family homes remain supported by limited inventory and steady demand, and the condominium sector presents emerging opportunities for well-positioned buyers. Across every price point and property type, strategic pricing, thoughtful marketing, and experienced guidance will be essential. At The Patterson Group of TTR Sotheby’s International Realty, we remain committed to delivering elevated service, data-driven insight, and a level of representation that reflects the strength and sophistication of the Washington Metropolitan Area real estate market.
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