The Capital Market Appraisal 2013 Neighborhood Trends Report was developed to provide market participants with a comprehensive overview of the residential real estate market in Washington, DC (DC Market₁).

We begin by highlighting a few broad measure—medium term trends in the mortgage market.   After which, we narrow our focus to the (DC Market₂), measuring relative performance across popular metropolitan cities and select asset classes.   Additionally, we highlight several internal components of the DC Market including: sales volume (turnover), market value (dollar sales), median days on market (DOM), months of inventory, distressed sales, financing, and a few others.

The second half of this report covers DC Market trends at the neighborhood level; both over time and relative to one another.

In this figure we have constructed a seasonality index by charting monthly home sale prices, as measured by the S&P/ Case-Shiller Washington DC Home Price Index (DC Index1 ) — using data collected from 1980 to 2013. The graph expresses the data of each month as a percentage of the average of the year.