Find beaches and Busch Gardens, alongside downtown condos and beach cottages in this Gulf Coast location.

53,300

Jobs Created
1.6%

$103,454

Median Household Income
1.2%

25,592

Total Housing Permits
-.7%

480

Total Number of Projects
-14.4%

$589,500

SFD New Home List Price
4.4%

0

New Home Sales
.9%
Monthly

Market Health

Washington s population is 6.2M, with a total workforce of 3.3M. The labor market grew by 53,300 jobs over the past year, up by 1.6%. The median household income in Washington is $103,454, 1.2% higher than last year and 63.7% above the national average of $63,179.
In the housing market, total permits issued totaled 25,592 over the last twelve months, down -0.7% year-over-year. Washington has 480 active new home projects on the market, 14.4% fewer than the 561 from last year. The average list price in the market is $589,500, 4.4% higher than last year and 69.3% above the national average. Over the last three months, new home contracts increased by 0.9% to 2,745. Frederick and Fredericksburg had the highest concentration of the new home contracts in the Washington market.

Our Experts

Work with leaders in the industry.

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal


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