Market in a Minute & StatPak
September 2025
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.
What's the Urgency Index?
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 August 2025 was down just 0.7% from August 2024 and was down in four out of six price categories. Through the first eight months of the year, contract activity is down just 0.8%. The average number of days on the market for homes receiving contracts was 77 days in August 2025, up from 71 days in August 2024.
Contract activity in August 2025 was up 9.8% from August 2024 and was up in five price categories. Through the first eight months of the year, contract activity is down just 0.3%. The average number of days on the market for homes receiving contracts was 42 days in August 2025, up from 25 days last August.
Contract activity in August 2025 was down 15.1% from August 2024 and was down for four out of five price categories. Through the first eight months of the year, contract activity is down 12.1%. The average number of days on the market for homes receiving contracts was 49 days in August 2025, up from 35 days in August 2024.
Contract activity in August 2025 was up 9.3% from August 2024 and was up for five price categories. Through the first eight months of the year, contract activity is up just 1.2%. The average number of days on the market for homes receiving contracts was 37 days in August 2025, up from 25 days last August.
Contract activity in August 2025 was up 16.7% from last August and was up for five price categories. Through the first eight months of the year, contract activity is up 7.3%. The average number of days on the market for homes receiving contracts was 41 days in August 2025, up from 30 days last August.
Contract activity in August 2025 was up 17.3% from last August and was up for five price categories. Through the first eight months of the year, contract activity is up 1.7%. The average number of days on the market for homes receiving contracts was 46 days in August 2025, up from 34 days last August.
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PARTNERED AFFILIATES
Copyright © Corcoran 2023 – 2025. Corcoran and the Corcoran Logo are trademarks of Corcoran Group LLC. Corcoran Group LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated offices are not provided by, affiliated with, or related to Corcoran Group LLC nor any of its affiliated companies.
© Corcoran McEnearney 2025. All rights reserved.
DO NOT SELL MY PERSONAL INFORMATION
