November 2025 Market Snapshot: What’s Happening Across the DMV

November 2025 Market Snapshot: What’s Happening Across the DMV

The November numbers are in, and the market continues to show a mix of tightening inventory and shifting buyer activity across the region. Here’s a quick look at how the major counties performed year-over-year—and what it means for buyers and sellers heading into 2026.

Active Listings: Inventory Is Expanding in Most Areas

Across the board, several counties saw meaningful increases in active listings compared to last year:

• Montgomery County: Up 50.5% — the biggest jump in the region.
• Fairfax County: Up 39.8% — giving buyers more options than they had in2024.
• Arlington County: Up 27.5% — still a competitive market, but inventory is loosening. 
• Loudoun County: Up 9.8% — a modest increase but still trending positive.
• Washington, DC: Up 2.8% — essentially flat but moving in the right direction.

More active inventory generally means buyers can take a breath and sellers need to price strategically.

Sold Listings: Activity Is Mixed as Buyers Adjust

Closed sales show a more complicated story:

• Loudoun County: Up18.3%, signalingstrong buyer demand.
• Arlington County: Essentially flat at +0.7%.
• Montgomery County: Down 1.5%, a mild softening. 
• Fairfax County: Down 6.1%, suggesting affordability pressure.
• Washington, DC: Down 20.6%, the largest decline in closed sales.

This dip in sold volume—especially in DC and Fairfax—points to buyers being more selective as affordability challenges remain.

What This Means for the Market

We’re entering 2026 with more inventory but uneven buyer activity. For sellers, this means standing out matters: pricing correctly, preparing the home, and marketing aggressively will be key. For buyers, expanded inventory in several counties opens the door to negotiate more confidently—a shift from the ultra-tight markets of recent years.