Top Medium Teams in Washington, D.C. – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    HEIDERTTR Sotheby’s International RealtyWashington, DC$413,000,000
    The Nancy Taylor Bubes GroupWashington Fine Properties, LLCWashington, DC$291,986,000
    Your P&rtnersCompassWashington, DC$202,030,000
    The Rob & Brent GroupTTR Sotheby’s International RealtyWashington, DC$150,000,000
    Premier PartnersTTR Sotheby’s International RealtyWashington, DC$125,000,000
    District Property GroupCompassLogan Circle, DC$76,416,400
    The Jeanne Phil Meg TeamCompassWashington, DC$74,318,973
    District PartnersCompassWashington, DC$73,169,884
    Eng Garcia Properties LLCKeller Williams Capitol PropertiesWashington, DC$59,866,368
    The Foreman Properties GroupCompassLogan Circle, DC$58,844,633
    THRIVE TeamTTR Sotheby’s International RealtyWashington, DC$57,700,000
    Wardman ResidentialCompassWashington, DC$56,191,106
    Ron Sitrin TeamLong & Foster Real EstateWashington, DC$52,744,550
    Arrow GroupCompassLogan Circle, DC$46,707,899
    The Tom Buerger TeamCompassLogan Circle, DC$43,700,799
    MG ResidentialKeller WilliamsWashington, DC$39,308,674
    C21 Team InternationalCENTURY 21 Redwood RealtyWashington, DC$36,926,846

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    2023 Washington, D.C. Market Summary

    Washington, D.C. started 2023 with a total of 719 single-family homes on the market, with a median home price of $779,500 and an average price per square foot of $511. By the end of the year, inventory had decreased to 709 homes on the market (-1%), with a median home price of $799,000 (+2%) and an average price per square foot of $524 (+2%).

    At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had increased to 84 days.

    Washington D.C. started the year with 45% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 43% of Washington D.C. homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Washington D.C. started 2023 as a strong seller’s market, with an MAI score of 47; by the end of the year, the MAI had dropped to 34 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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