The median price of a home that sold in the Washington, D.C. region in 2020 was $500,000 — up 8.7% from 2019, and an all-time high, according to listing service Bright MLS.
The total sales dollar volume for residential sales in the D.C. metro last year reached $34.6 billion, up 11.7% from 2019.
Prices eased modestly in December, with the median selling price of $490,000, down 2% from November.
Bright MLS expects median prices this month to decline by another 5% compared to December.
Click here to read the rest for the article written by Jeff Clabaugh over at WTOP
