💨 Abstract

The D.C. region's housing market is seeing a slowdown, particularly in condominium sales. In Arlington County, condo sales are projected to decrease by 2.1% this year, with prices dropping by 4.9%. Alexandria may see a 2% rise in condo prices but a potential 10% drop in sales. The aging of first-time buyers, now averaging 38 years old, is a significant factor in this trend.

Courtesy: Jeff Clabaugh