List prices in the Washington DC Metropolitan region have a median gain of 9.76% year over year according to the National Association of Realtors. The DC metro area list price increase is the fourth highest in the nation so far this year compared to last year. The list price increase is due to many factors but most importantly low inventory. According to MRIS, the inventory in DC is 1.96 months before a property goes under contract on average.
This is the link to the full NAR report.
