Home sales across the Washington region totaled 80,582 for 2021, according to new data, a 13.5-percent increase from a year before.
Every jurisdiction in the region reported higher year-over-year sales, with the increases ranging from 6 percent in Falls Church to 27.1 percent in Arlington, according to data reported Jan. 12 MarketStats by ShowingTime, based on listing data from Bright MLS.
Fairfax County was the sales leader, with its 19,407 transactions for the year up 15.9 percent. Rounding out the top five were Montgomery County (15,672, up 16.1 percent); Prince George’s County (12,562, up 11.4 percent); the District of Columbia (10,829, up 12.2 percent); and Loudoun County (8,539, up 10 percent).
Median sales prices for the full year also were higher, rising 8.2 percent regionally to $530,000. All jurisdictions posted increases – many in double digits – with the exception of Alexandria, which was down 0.8 percent.
“Price growth remains robust, though the pace of price increases has declined somewhat,” noted the MarketStats analysis of the data.
Figures represent most, but not all, homes on the market. All December 2021 figures are preliminary and are subject to revision. For more information, see the Website at www.brightmls.com/marketinsights.