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.
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 August 2026 was down 15.9% from August 2025 and was down in five price categories. Through the first eight months of the year, contract activity is down 2.3%. The average number of days on the market for homes receiving contracts was 71 days in August 2026, down from 77 days last August.
For Montgomery County, contract activity in August 2026 was down 16.4% from August 2025 and was down in five price categories. Through the first eight months of the year, contract activity is down just 0.7%. The average number of days on the market for homes receiving contracts was 44 days in August 2026, up from 42 days last August.
For Prince George's County, contract activity in August 2026 was down 9.5% from August 2025 and was down for four out of five price categories. Through the first eight months of the year, contract activity is down just 0.4%. The average number of days on the market for homes receiving contracts was 51 days in August 2026, up from 49 days in August 2025.
For Northern Virginia, contract activity in August 2026 was down 8.1% from August 2025 and was down for three price categories. Through the first eight months of the year, contract activity is up 1.6%. The average number of days on the market for homes receiving contracts was 37 days in August 2026, unchanged from last August.
For Loudoun County, contract activity in August 2026 was down 25.3% from last August and was down for five price categories. Through the first eight months of the year, contract activity is down 3.6%. The average number of days on the market for homes receiving contracts was 43 days in August 2026, up 4.9% from last August.
For Virginia Countryside, contract activity in August 2026 was down 9.9% from last August and was down for two price categories. Through the first eight months of the year, contract activity is up just 0.8%. The average number of days on the market for homes receiving contracts was 51 days in August 2026, up from 46 days last August.