DC Luxury Home Sales Cool Slightly in January but Prices Remain Strong
• 20.42% of homes on the DC market in January were priced at $1.5M or more
• Median price for $1.5M+ home sales was $1.9M in January
• 146 sales closed at $1.5M+ in January, down from 184 in January 2022
• Luxury market had 5.8 months supply available, down from 6.7 months year ago
• Average sale price for $1.5M+ homes was 96.9% of list price in January