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Fleur Howgill June 26, 2025

Should You Wait or Buy Now? A Mid-Year Look at the DC Housing Market (2025 Edition)

As we hit the midpoint of 2025, many DC-area buyers and sellers are asking the same question: should I wait, or should I make a move now?

The Washington, DC real estate market remains resilient, but it's shifting. Mortgage rates hover around 6.6%—higher than the pandemic lows but showing signs of stabilizing. Inventory is slowly increasing, giving buyers more choices, but well-priced homes in sought-after neighborhoods are still attracting strong offers.

For buyers, this moment offers a unique window: you may face less competition than last year and have room to negotiate, especially on properties that have lingered. For sellers, well-staged, well-priced homes are still commanding attention, especially if they offer outdoor space, parking, or updated kitchens.

Whether you're upsizing, downsizing, or entering the market for the first time, local guidance is more important than ever. The "wait or buy" decision depends on your personal timeline, financing, and goals—but don’t wait on clarity. Start planning now.

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