Market in a Minute & StatPak
August 2026
We profile the most important market indicators every month – contract activity, interest rates, inventory, affordability, and direction of the market – in an easy-to-read and digestible summary. It's not just the numbers; it provides context to understand why the numbers are important and what they mean for the future of the market, published for Washington, DC, Montgomery County, Prince George's County, Northern Virginia, Loudoun County, and the Virginia Countryside. A quick summary of last month's contract activity is shown below. To see the complete "Market in a Minute" reports for each jurisdiction we cover, click on the corresponding links.
What's the Urgency Index?
This is simply the measure of the percentage of homes going under contract that were on the market 30 days or less, giving a sense of how quickly buyers feel they must act to put an offer on a home. To see your market's Urgency Index click the link to view the full report.
For Washington DC, contract activity in July 2026 was down 8.2% from July 2025 and was down in five price categories. Through the first seven months of the year, contract activity is down just 0.9%. The average number of days on the market for homes receiving contracts was 71 days in July 2026, up from 62 days last July.
For Montgomery County, contract activity in July 2026 was down 3.8% from July 2025 but was up in three price categories. Through the first seven months of the year, contract activity is up 1.4%. The average number of days on the market for homes receiving contracts was 40 days in July 2026, up from 37 days last July.
For Prince George's County, contract activity in July 2026 was up 1.8% from July 2025 and was up for three out of five price categories. Through the first seven months of the year, contract activity is up just 1.0%. The average number of days on the market for homes receiving contracts was 51 days in July 2026, up from 46 days in July 2025.
For Northern Virginia, contract activity in July 2026 was down 7.4% from July 2025 and was down for all six price categories. Through the first seven months of the year, contract activity is up 2.9%. The average number of days on the market for homes receiving contracts was 32 days in July 2026, down one day from last July.
For Loudoun County, contract activity in July 2026 was down 7.4% from last July and was down for four price categories. Through the first seven months of the year, contract activity is down 0.5%. The average number of days on the market for homes receiving contracts was 39 days in July 2026, up just one day from last July.
For Virginia Countryside, contract activity in July 2026 was up just 0.5% from last July and was down for three price categories. Through the first seven months of the year, contract activity is up 2.5%. The average number of days on the market for homes receiving contracts was 50 days in July 2026, up from 44 days last July.
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PARTNERED AFFILIATES
Copyright © Corcoran 2023 – 2025. Corcoran and the Corcoran Logo are trademarks of Corcoran Group LLC. Corcoran Group LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated offices are not provided by, affiliated with, or related to Corcoran Group LLC nor any of its affiliated companies.
© Corcoran McEnearney 2025. All rights reserved.
DO NOT SELL MY PERSONAL INFORMATION
