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Monthly Market Update
From January to August, Lenore has been busy representing her buyer and seller clients. She listed 12 properties and successfully settled 13, with 3 homes under contract across the neighborhoods of Burleith, Berkley, Georgetown, Glover Park, Chevy Chase, Wesley Heights, Dupont Circle, Observatory Circle and Woodley/Mass Ave Heights.
New on the market, 3622 S St is a 5 bed, 5.5 bath, luxury home by JL Ventures, offering two home offices/flex spaces, elevator-ready closets, 2-car parking and ample outdoor entertaining spaces, including a spacious rooftop deck.
A few doors down is 3612 S St NW, a Blue Water build and just a few doors from 3622 S St. It boasts 3 outdoor decks and a back patio with jacuzzi, as well as smart and eco-friendly features.
Stay tuned for more exceptional properties!
If you are considering purchasing or selling, don’t hesitate to reach out. Lenore would be honored to help you navigate your real estate strategy and goals for 2025 and beyond.
Inventory in the Washington D.C. metro is rising sharply, with 10,283 active listings at the end of July—a 40.1% increase from a year ago. Attached homes and condos have returned to or exceeded pre-pandemic inventory levels, while single-family detached homes remain limited. Although new listings in July were down year-over-year, overall listings in 2025 are tracking 7.5% higher than in 2024. Meanwhile, buyer activity has slowed, with closed sales down 2.5% and pending sales down 3.4% compared to last July.
The median sold price in the region reached $640,000 in July, up 2.4% year-over-year, driven by stronger sales in the higher-end market. Market activity remains strongest in the District and nearby suburbs, while the outer suburbs are seeing steeper slowdowns. Federal government layoffs and budget cuts are contributing to market uncertainty. As inventory continues to climb, price growth is expected to soften in the fall, and some farther-out areas may see year-over-year price declines. Buyers still in the market will have more leverage, though economic concerns are keeping many on the sidelines.
Click "View Reports" to access the full market data for the DC Metro area.
Lenore's Recent Sales
Washington Fine Properties
3201 New Mexico Ave. NW #220, Washington, DC 20016 | (202) 944-5000