The Surprising Truth About DMV Homeownership Tenure
By Shantée Haynes | AHWD, C2EX, Helping the DMV On The Move...
(Berkshire Hathaway HomeServices PenFed Realty | Washington, DC )
If you've ever wondered how long the average homeowner actually stays in their house before moving on , you're not alone. In the ever-shifting real estate markets of Washington, DC, Maryland, and Northern Virginia, understanding homeownership trends is more than just trivia. It’s key to making smarter buying or selling decisions.📊 DMV Homeownership Tenure: Then vs. NowAccording to housing market data and Redfin, the average time homeowners stay in their homes before selling has been steadily rising over the last decade: Year DMV Region (DC, MD, VA) Arlington, VA (Median) ~2014 11.2 years — 2024 13.6 years 7.2 years In 2014, DMV homeowners typically sold after about 11.2 years. Today, that number is up to 13.6 years, a 21% increase over the decade. In Arlington, Virginia, a hot commute...
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