Rising housing inventory and softening buyer demand are anchoring trader sentiment toward a DC Metro median home value below $503,000 by year-end, with that outcome holding a 46.5% implied probability. Active listings across the metro rose nearly 20% year-over-year through early October, while new purchase contracts fell 19.5% and days on market lengthened, per Bright MLS data. Realtor.com median listing prices stood at $572,150 in September, down from spring peaks, as forecasts from Bright MLS and NVAR/George Mason anticipate a roughly 1% dip for 2026 amid 30-year mortgage rates near 6%. Persistent supply growth and subdued contract activity continue to pressure valuations, with limited near-term catalysts expected before December 31.