GEOGRAPHY

SageTrust Properties’ efforts are focused on the Washington, D.C. metropolitan area. The metropolitan area benefits from a vibrant, diversified economy, hosting concentrations of firms specializing in cybersecurity, cloud computing, health sciences and professional services. 

Healthy demographics are characterized by growing population, increasing affluence and rising housing prices. According to the National Association of Realtors, as of October 2022, the Metro Median Sales Price of $581,300 ranked Washington, D.C. as one of the most expensive single family home markets in the United States. This exists despite the significant increase in single family and multi-family for-sale/for rent inventory – 286,000 units between 2010 and 2020, the fourth largest increase in the U.S. (Urban Institute).