We profile the most important market indicators every month – contract activity, interest rates, inventory, affordability, and direction of the market – in an easy-to-read and digestible summary. It's not just the numbers; it provides context to understand why the numbers are important and what they mean for the future of the market, published for Washington, DC, Montgomery County, Prince George's County, Northern Virginia, Loudoun County, and the Virginia Countryside. A quick summary of last month's contract activity is shown below. To see the complete "Market in a Minute" reports for each jurisdiction we cover, click on the corresponding links.
This is simply the measure of the percentage of homes going under contract that were on the market 30 days or less, giving a sense of how quickly buyers feel they must act to put an offer on a home. To see your market's Urgency Index click the link to view the full report.
Contract activity in September 2025 was down 12.3% from September 2024 and was down in three out of six price categories. Through the first nine months of the year, contract activity is down 2.2%. The average number of days on the market for homes receiving contracts was 67 days in Sept. 2025, up from 61 days in Sept. 2024.
Contract activity in September 2025 was down 1.9% from September 2024 and was down in three price categories. Through the first nine months of the year, contract activity is down just 0.5%. The average number of days on the market for homes receiving contracts was 40 days in September 2025, up from 25 days last September.
Contract activity in September 2025 was down 12.5% from September 2024 and was down for three out of five price categories. Through the first nine months of the year, contract activity is down 12.1%. The average number of days on the market for homes receiving contracts was 53 days in Sept. 2025, up from 39 days in Sept. 2024.
Contract activity in September 2025 was up 4.3% from September 2024 and was up for three price categories. Through the first nine months of the year, contract activity is up just 1.6%. The average number of days on the market for homes receiving contracts was 34 days in September 2025, up from 25 days last September.
Contract activity in September 2025 was down 1.3% from last September and was down for three price categories. Through the first nine months of the year, contract activity is up 6.3%. The average number of days on the market for homes receiving contracts was 41 days in September 2025, up significantly from 24 days last September.
Contract activity in September 2025 was down 4.1% from last September but was up for four price categories. Through the first nine months of the year, contract activity is up 1.1%. The average number of days on the market for homes receiving contracts was 46 days in September 2025, up from 40 days last September.