Homes

10 most overpriced housing markets

Washington, D.C.

WashingtonDC_overvalued
  • Median home price difference : (2007-2015) +23.61%

The nation's capital is home to some of the most powerful people in the world, but its real estate market might be losing some of its dominance.

"Compared to some of the neighboring areas of D.C., it's way overpriced for the region," said Paine.

First published July 24, 2015: 3:00 PM ET
West Realty Advisers is a real estate firm that invests in housing markets across the country, including some of those mentioned in this study. The firm analyzed pre-recession median home prices to current ones for the list using data from Zillow, CoreLogic and RealtyTrac.

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