Early Q4 Brings More Affordable Home Options in DC

Washington, D.C.
Median listing price ↓ to ~$585K in October, a slight MoM decline.
Price per sq ft ↑ 1.1%, outpacing the 0.8% national decrease.
Active inventory reached 3,035 homes, ↑ 1.7% MoM and 13.2% yearly.
Homes spent 47 days on market, ↓ 5 days MoM and unchanged yearly.
The market remains moderately competitive, with steady demand despite seasonal cooling.