The market in Alexandria & Arlington remained competitive, with 31% of offers going above asking and a relatively high share (23%) of off-market contracts. 92% of transactions included Seller Funded contributions, combining seller subsidies and buyer agent comp. Loan funding remains dominant (77%), and single-family homes made up the majority of deals (70%).

DC & MD saw a high share of below-asking contracts (62%) this month. 92% of contracts were Seller Funded, and 85% of buyers used loans. Despite a cooler offer climate, 69% included both appraisal and home inspection contingencies, suggesting cautious buyer behavior. Townhomes led the property type breakdown at 46%.

The market held strong in Fredericksburg, with 54% of offers above asking and 92% of contracts retaining home inspection contingencies. Seller contributions were included in 100% of deals. Financing was present in 85% of transactions, and nearly all homes (92%) were single-family.

Fairfax saw a fairly even split across offer types, with 36% above asking, 28% at asking, and 36% below. All contracts included Seller Funded contributions. Appraisal and home inspection contingencies were retained in roughly two-thirds of transactions. Financing continues to dominate, with just 9% of purchases made in cash.

Loudoun’s market was balanced with 30% of offers at asking, 30% above, and 40% below. 100% of deals were Seller Funded. Financing was present in 80% of contracts, and 80% retained home inspection protections. Townhomes led property types at 60%, suggesting active movement in the entry-to-mid-level market.

Prince William saw a high share of below-asking contracts at 50%, but also a strong 75% retention of home inspection contingencies. Seller Funding was present in all deals, and 83% of transactions used financing. Single-family homes dominated at 69%.

Richmond had the strongest contingency protections and seller contributions across the board—100% Seller Funded, 100% financing, and 93% retained home inspections. 40% of offers were below asking, and single-family homes made up 86% of transactions.

Fauquier had the highest amount of below-asking contracts at 78%. 100% were Seller Funded and financing was used in 100% of purchases. Nearly all properties being single-family homes. High contingency retention suggests a slower-paced, buyer-protective market.