Many took it as a sign of what was to come when Donald Trump invited tech industry billionaires like Mark Zuckerberg, Jeff Bezos, and Elon Musk to sit in the front row at his second-term inauguration in January. The “broligarchy,” as it’s come to be known, had arrived. And with it, a clear real estate trend is emerging: Those tech bros are getting serious about putting down roots in Washington, DC. Zuckerberg, who was recently revealed as the buyer of a $23 million mansion with a 10-minute commute to the White House, is but the latest of the Silicon Valley magnates flocking to the area’s high-end homes, making ripples in the luxury real estate market as well as in politics.Though they already had some presence in the capital, the influx of big-name tech billionaires has grown rapidly since Trump was reelected. In November, former eBay president Jeff Skoll bought a $17 million estate in the DC suburbs. Next was David Sacks—the White House’s newly minted AI and crypto czar and a member of the “PayPal Mafia”—who paid $10.3 million for a DC residence in January. And then came Zuckerberg, whose recent purchase reportedly marked the city’s third-most expensive home sale on record. They join Bezos, who bought the largest house in DC in October 2016 for $23 million; PayPal cofounder and original Facebook investor Peter Thiel, who paid $13 million for his piece of DC real estate in 2021; and former Google CEO Eric Schmidt, who since November 2023 has owned a $15 million mansion where Jacquline Kennedy once lived. Musk, who has captured the most headlines of the so-called broligarchy via his Trump administration position in the new Department of Government Efficiency, reportedly sleeps in his DOGE office.Elon Musk has been sleeping in his office at the Eisenhower Executive Office Building, according to People. Photo: Andrew Harnik/Getty ImagesRealtors explain the tech titans in DC trendSeveral realtors confirmed to AD that they had noticed the deluge of industry titans buying in the area, reflecting an overall increased interest in the priciest homes DC has to offer. “We’ve had the highest concentration of luxury sales we’ve seen in the Capital Region. The uptick started pretty much right after the election results were announced in early November 2024,” says Daniel Heider, who reportedly held the listings for the homes that Zuckerberg and Sacks bought. “Last year alone, 87 properties closed above $5 million—a 64% increase from the year prior—and 10 of those exceeded the $10 million mark, reflecting a 67% year-over-year jump,” DC real estate veteran Kimberly Casey tells AD. According to Axios, half of 2024’s top 10 most expensive sales in the area closed in December, just after Trump was elected.Coveted neighborhoods that are close to the White House, like Georgetown and Kalorama, are starting to creep up in price as a result. “So many of these transactions are what we refer to as ‘market makers.’ The pricing ceiling has been raised, and new pricing trends have begun and show no signs of slowing down,” Heider explains. Some experts are hesitant to draw conclusions just yet; DC real estate veteran Bryan Cantio notes we still haven’t seen the effects of this trend play out, though he acknowledges the influx has the potential to make a significant impact on the market. “We haven’t seen any real spikes in price increases yet, but if this trend continues, we will within the next 12–18 months,” Cantio tells AD.