Home Prices Rise in Greater DC Area

Home Prices Rise in Greater DC AreaHome sales and average prices across the District of Columbia and its inner suburbs were up in November, with significantly lower inventory apparently spurring fence-sitters into the market before the arrival of winter.

A total of 3,556 homes sold last month across the inner D.C. core, up 21.5 percent from the 2,926 transactions that occurred a year before, according to figures reported Dec. 10 by RealEstate Business Intelligence, an arm of the local multiple-listing service.

Figures represent sales in the District of Columbia; Arlington and Fairfax counties and the cities of Alexandria, Fairfax and Falls Church in Virginia, and the counties of Montgomery and Prince George’s in Maryland.

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