In a nutshell, DC continues to have very low levels of inventory and strong demand. As a result, median prices were up again in February relative to February 2012. Video recap.
What’s in store? A great article in WaPo this morning spells out how demographics in DC will affect future growth and prices – worth a read!
If you, a friend, a family member, or colleague has real estate needs, I’d love to assist! firstname.lastname@example.org / 202-905-5369.