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The National Association of Realtors has just released its quarterly report on metropolitan area median home prices. The Washington area’s median price (for existing, single-family homes) has inched up two quarters in a row, according to the analysis. The figure from 2006—-$431,000—-is still $100,000 above the current number. But note the recent progression in the right direction!
2008 Third Quarter: 333.0
2008 Fourth Quarter: 295.1
2009 First Quarter: 279.4
2009, Second Quarter: 319.2
2009 Third Quarter: 324.7