WASHINGTON -- Median home prices in and around the nation's capital this summer have reached their record high set during the housing boom of the mid-2000s. The Examiner reports on new data that show that the price of buying a home in the District of Columbia and two Virginia jurisdictions have surpassed highs set in 2005:

Prices in the region's core -- D.C., Arlington and Alexandria -- all topped highs set by the housing boom in the 2000s. Median home sales in the District reached $457,500 in July, beating the previous high of $450,000 in November 2005. Arlington prices soared to $550,000 last month, beating the median $525,000 set six years earlier, and Alexandria surpassed its former high when prices reached $500,000 this May.

Other jurisdictions in Virginia and Maryland, like Fairfax and Montgomery counties, are approaching their 2005 records, with Prince William and Prince George's counties still lagging.

Do these high prices suggest a boom or bubble? Not quite. According to the Examiner, the current record prices have more to do with low availability of homes on the market, higher demand to buy and fewer foreclosure properties for sale.

But even with federal budget sequestration looming large over the D.C. region -- especially in Virginia -- the president and CEO of a local real estate consulting firm, Jonathan Miller, told the Examiner that high prices are forecasted to continue to increase.

In a region full of million-dollar homes, where are the bargains? Prince George's County, where, according to The Washington Post, the recovery took longer in part due to the county's glut of foreclosure properties.

Take a look at some of the most expensive homes on the market in the D.C. area ...

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  • 1824 R St. NW, $10,900,000

    This 12,000 square foot house, built by architect Clark Waggaman, has eight bedrooms and 11 baths. It also has imported period details from 18th and 19th century France. <a href="http://www.realtor.com/realestateandhomes-detail/1824-R-St-Nw_Washington_DC_20009_M52629-01629" target="_hplink">The listing, <em>c'est ici</em></a>!

  • 1824 R St. NW, $10,900,000

  • 1824 R St. NW, $10,900,000

  • 3614 Boat Dock Drive, Falls Church, Va., $4,999,000

    This lakefront home was designed by Charles M. Goodman, the architect who designed the original Washington National Airport. Six bedrooms, six baths, with stunning views all around. And a swimming pool. The adjacent waterfront lot is included, too. <a href="http://www.realtor.com/realestateandhomes-detail/3614-Boat-Dock-Dr_Falls-Church_VA_22041_M59890-72022" target="_hplink">Here's the listing</a>.

  • 3614 Boat Dock Drive, Falls Church, Va., $4,999,000

  • 3614 Boat Dock Drive, Falls Church, Va., $4,999,000

  • 9411 Newbridge Drive, Potomac, Md., $6,495,000

    Here's some European-style living in Potomac, Md. Seven bedrooms, twelve baths on 2.25 acres. <a href="http://www.realtor.com/realestateandhomes-detail/9411-Newbridge-Dr_Potomac_MD_20854_M64130-67256" target="_hplink">Here's the listing</a>.

  • 9411 Newbridge Drive, Potomac, Md., $6,495,000

  • 9411 Newbridge Drive, Potomac, Md., $6,495,000

  • 10 Wissioming Court, Bethesda, Md., $5,900,000

    So pretty. Also serene, with the separate guest quarters and salt water lap pool. Four bedrooms, eight baths. <a href="http://www.realtor.com/realestateandhomes-detail/10-Wissioming-Ct_Bethesda_MD_20816_M58104-20318" target="_hplink">Here's the listing</a>.

  • 10 Wissioming Court, Bethesda, Md., $5,900,000

  • 10 Wissioming Court, Bethesda, Md., $5,900,000

  • 415 Wolfe St., Alexandria, Va., $5,850,000

    Just under $1.5 million per bedroom! Beautiful gardens and a carriage house, too. <a href="http://www.realtor.com/realestateandhomes-detail/415-Wolfe-St_Alexandria_VA_22314_M54613-53749" target="_hplink">Here's the listing</a>.

  • 415 Wolfe St., Alexandria, Va., $5,850,000

  • 415 Wolfe St., Alexandria, Va., $5,850,000

  • 1607 28th St. NW, $18,000,000

    This Georgetown manse was part of the <a href="http://www.washingtonpost.com/lifestyle/magazine/evermay-hospitality-of-historic-proportions/2012/06/20/gJQAGj8TsV_gallery.html" target="_hplink">Evermay Estate</a>. Eight bedrooms, 10 baths and a billiard room are among the property's many charms. <a href="http://www.realtor.com/realestateandhomes-detail/1607-28th-St-Nw_Washington_DC_20007_M51953-99344" target="_hplink">Here's the listing</a>.

  • 1607 28th St. NW, $18,000,000

  • 1607 28th St. NW, $18,000,000

  • 1005 Founders Ridge Lane, McLean, Va., $14,900,000

    Twenty-thousand square feet! Six bedrooms, 12 baths, indoor pool. Nanny quarters, too. <a href="http://www.realtor.com/realestateandhomes-detail/1005-Founders-Ridge-Ln_Mclean_VA_22102_M63650-67712" target="_hplink">Here's the listing</a>.

  • 1005 Founders Ridge Lane, McLean, Va., $14,900,000

  • 1005 Founders Ridge Lane, McLean, Va., $14,900,000

  • 634-636 Chain Bridge Road, McLean, Va., $9,995,000

    Late Senator Ted Kennedy's <a href="http://www.huffingtonpost.com/2012/05/22/ted-kennedys-virginia-house_n_1536701.html" target="_hplink">6.5-acre property is still on the market</a>. Nine bedrooms, ten baths and a whole lot of history. <a href="http://www.realtor.com/realestateandhomes-detail/Mclean_VA_22101_M52741-98957" target="_hplink">Here's the listing</a>.

  • 634-636 Chain Bridge Road, McLean, Va., $9,995,000

  • 634-636 Chain Bridge Road, McLean, Va., $9,995,000

  • 7224 Arrowood Road, Bethesda, Md., $7,250,000

    A custom "French Country" home with seven bedrooms, 11 baths -- prime numbers both! -- and views of the Burning Tree Country Club golf course's seventh hole. <a href="http://www.realtor.com/realestateandhomes-detail/7224-Arrowood-Rd_Bethesda_MD_20817_M51470-49275" target="_hplink">Swing over to the listing here</a>.

  • 7224 Arrowood Road, Bethesda, Md., $7,250,000

  • 7224 Arrowood Road, Bethesda, Md., $7,250,000

  • 1003 Crest Lane, McLean, Va., $8,399,000

    Four bedrooms, six baths and a pool on the Potomac. Sweet views. <a href="http://www.realtor.com/realestateandhomes-detail/1003-Crest-Ln_Mc-Lean_VA_22101_M59542-20846" target="_hplink">Here's the listing</a>.

  • 1003 Crest Lane, McLean, Va., $8,399,000

  • 1003 Crest Lane, McLean, Va., $8,399,000


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