Months Supply in Washington, DC (January)

Note: This is just for Washington, DC proper (no suburbs). Includes condos and single family residences from the MRIS. According to the knowledgeable Calculated Risk "Usually 6 to 8 months of inventory starts causing pricing problems, and over 8 months a significant problem." By 'pricing problems' , Calculated Risk means declining prices. Washington, DC is at a 9.5 months of supply. Expect declining prices in Washington, DC this year.

But, at least DC is not Prince William County (outer suburb of DC) where the months supply is at 17.1. Expect large price declines in Prince William County this year and other outer suburbs of Washington, DC