Market in a Minute & StatPak
August 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 July 2025 was up 2.4% from July 2024 and was up in three out of six price categories. Through the first seven months of the year, contract activity is down just 0.8%. The average number of days on the market for homes receiving contracts was 62 days in July 2025, up from 52 days in July 2024.
Contract activity in July 2025 was down just 0.5% from July 2024 and was down in three price categories. Through the first seven months of the year, contract activity is down 1.5%. The average number of days on the market for homes receiving contracts was 37 days in July 2025, up from 22 days last July.
Contract activity in July 2025 was down 17.5% from July 2024 and was down for all five price categories. Through the first seven months of the year, contract activity is down 11.7%. The average number of days on the market for homes receiving contracts was 46 days in July 2025, up from 31 days in July 2024.
Contract activity in July 2025 was up 3.0% from July 2024 and was up for three price categories. Through the first seven months of the year, contract activity is up just 0.3%. The average number of days on the market for homes receiving contracts was 33 days in July 2025, up from 24 days last July.
Contract activity in July 2025 was up 5.2% from last July and was up for four price categories. Through the first seven months of the year, contract activity is up 6.1%. The average number of days on the market for homes receiving contracts was 38 days in July 2025, up from 21 days last July.
Contract activity in July 2025 was up 1.0% from last July and was up for four price categories. Through the first seven months of the year, contract activity is down just 0.3%. The average number of days on the market for homes receiving contracts was 44 days in July 2025, up from 31 days last July.
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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
