Last year, this home at 3055 Whitehaven Street NW sold for $10,400,000. (Photo courtesy of MRIS)

The D.C. region is seeing an increase in the number of homes on the market listed for $1 million or more.

Long & Foster’s latest luxury housing market update for the region counted 2,104 active million-dollar listings on the market in February, which is an increase of 15 percent from February 2016, and up 30 percent from 2015.

Compared to January of this year, February’s inventory grew 7.2 percent.

There was also a 30 percent increase in the number of million-dollar homes that sold in February compared to last year, and a 40 percent hike from 2015.

The median sales price in February was $1,344,950. Long & Foster obtained data for its report from the local area Multiple Listing Service and its member associations of realtors.

In September, a home near Embassy Row sold for $10.4 million, making it the most expensive home sold in the D.C. region last year, according to MRIS’ annual list of the most costly homes sold in the area.

The uptick in million-dollar listings and sales comes as a gentrifying D.C. grapples with an affordable housing crisis in which longtime residents are being priced out and 26,000 low-income Washingtonians spend more than half of their income on rent.

Meanwhile, the District program designed to help the city’s most economically-challenged residents received scathing criticism in a report released Thursday by the D.C. Auditor.

Long & Foster LuxInsight Report by Christina Sturdivant on Scribd