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 October 2026 was down 16.2% from October 2025 and was down in all price categories. Through the first ten months of the year, contract activity is down 4.4%. The average number of days on the market for homes receiving contracts was 68 days in October 2026, up from 67 days last October.
For Montgomery County, contract activity in October 2026 was down 21.5% from October 2025 and was down in five price categories. Through the first ten months of the year, contract activity is down 4.5%. The average number of days on the market for homes receiving contracts was 48 days in October 2026, up from 41 days last October.
For Prince George's County, contract activity in October 2026 was down 21.6% from October 2025 and was down for four price categories. Through the first ten months of the year, contract activity is down 4.1%. The average number of days on the market for homes receiving contracts was 65 days in October 2026, up from 54 days in October 2025.
For Northern Virginia, contract activity in October 2026 was down 21.2% from October 2025 and was down for all price categories. Through the first ten months of the year, contract activity is down 2.2%. The average number of days on the market for homes receiving contracts was 42 days in October 2026, up 7.7% from last October.
For Loudoun County, contract activity in October 2026 was down 29.3% from last October and was down for five price categories. Through the first ten months of the year, contract activity is down 8.3%. The average number of days on the market for homes receiving contracts was 44 days in October 2026, down 6.4% from last October.
For Virginia Countryside, contract activity in October 2026 was down 9.7% from last October and was down for four price categories. Through the first ten months of the year, contract activity is down 1.9%. The average number of days on the market for homes receiving contracts was 66 days in October 2026, up significantly from 45 days last October.