Jennifer Young Homes Real Estate Blog

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DMV Summer Market Update: Balanced and Brisk in Potomac, Vienna & Manassas

DMV Summer Market Update: Balanced and Brisk in Potomac, Vienna & Manassas

Happy June from Jennifer Young Homes! As we welcome summer and celebrate the end of the school year, here’s a quick update on the real estate market across the DMV. Despite national headlines of slowdowns, our local market remains steady and balanced. Inventory is up 49% year-over-year, giving buyers more options—but also leading to a slight oversupply in some rural and luxury segments. Pending sales are down 6.6%, the lowest since 2015, largely due to interest rates holding around 7%. Still, motivated buyers are securing well-priced, move-in-ready homes.

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