(Washington, DC) - Single-family house prices continued to fall for DC, Maryland and Virginia, according to a new report by the DC State Data Center. Although single-family homes make up 13 percent of DC's housing stock, the downward price trend reflects conditions in the overall housing market for the area. DC experienced a rapid rise in house prices beginning in 2000 and ending in June 2007. Since that period, single-family houses in the DC area have continued their price depreciation. For an overview of area single-family house price trends, see the report below.
For information on this report, contact the DC State Data Center at the Office of Planning at (202) 442-7600.