The D.C. Real Estate Guide

September 2011 Real Estate Market Statistics for

      Washington, DC

Statistic

Values

 Comp to Sept 2010

August 2011

Total Sold Dollar Volume
$242,674,307
+0.94%
-19.56%

Closed Sales
510
+1.8%
-9.89%

Median Sold Price
$380,000
+1.6%
-4.98%

Avg Sold Price
$475,832
-0.84%
-10.72%

Avg Days on Market
77 days
+13.24%
+10%

Avg Sold to Orig List Ratio
94.71%
+1.76%
+1.21%

Thought you would want to know how stable our region is…

 Our region has the lowest unemployment rate in the country, housing prices going UP, and mortgages rates at historical lows…now is the time to buy or sell…Call, so I can help you follow your dream!
 Standard & Poors/Case-Shiller Index April 2011
          

Washington D.C. Home Prices

Monthly Change: […]

No surprise: D.C.’s most expensive condominium unit that traded last year sold for $5.75 million at 3303 Water St. NW, the luxurious building perched over the Potomac River. Developed by EastBanc Inc., the 70-unit building overlooks the Rosslyn cityscape and features a 24-hour concierge service and heated pool. It also boasted the highest price per square foot […]

Washington Business Journal - by Jeff Clabaugh  
 
Date: Wednesday, February 16, 2011, 1:00pm EST - Last Modified: Wednesday, February 16, 2011, 2:03pm EST
 
 
Related:
 Residential Real Estate  Single-family housing prices in the District and Montgomery County were up significantly from a year ago last month, though the condominium prices were mixed. The Greater Capital Area Association of Realtors says […]

“Don’t think of the market in terms of good/bad or buyer’s/seller’s market. Think of it as ‘what strategy can I employ to have a succesfull real estate transaction based on the current market conditions?”

Have you ever asked a real estate agent, “How is the Market?” Well, the answer to this question is it a little more complicated than the generic “good/ bad” or “buyer’s/seller’s market” answer people often receive; however, the answer is only a few stats away.