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A median sales price increase of 3.76% in December 2011, lead to another strong month in DC. A total of 512 properties sold, only 10.9% was either short sales or foreclosures. Properties were averaging 76 days on the market, down 3 from 2010, and average sale price was 93.8% of the original list price. Single [...]
Archive for the ‘Washington D.C.’ Category
DC Real Estate Climbs Again in December 2011
January 19th, 2012 
Laura 
Posted in Washington D.C. 
Tags: december 2011, market statistics, washington dc real estate 
No Comments »DC Inventory Takes A Huge Drop
December 20th, 2011 Laura DC inventory this past month was down nearly 24% from active inventory last year. Days on the market were averaging 73, while properties were selling for 94.1% of original list price. A total of 460 properties sold in November, of which about 9.6% were short sales or foreclosures. Average sale price dipped a bit by [...]
Posted in Washington D.C. Tags: market statistics, november 2011, washington dc real estate No Comments »HUGE Inventory Drop in DC, Slight Price Drop Too
November 21st, 2011 Laura Inventory levels in DC are down nearly 600 homes from this time last year! In October, 432 properties sold, of which 12.9% were either short sales or foreclosures. Days on the market average 73, properties sell at an average of 94.2% of the original list price, and median sales price was down $10k ($399,900). Here [...]
Posted in Washington D.C. Tags: market statistics, october 2011, washington dc real estate No Comments »Prices Continue to Rise in Washington, D.C.
October 18th, 2011 Laura Prices continue to grow month by month in the District. Median sales prices in DC are up 1.6% over 2010, while days on the market is 77 and sellers are averaging 95.1% of original list price. A total of 527 properties sold last month, 66 of them were distressed, accounting for 12.5% of the market. Here [...]
DC Ladies Only!
October 6th, 2011 Laura In addition to this blog, you can usually find me chattering away about real estate somewhere else – McLean Patch, Clarendon-Courthouse Patch, Ballston-VA Square Patch, etc. But i’m very excited about my new partnership with the expanding site over at TheDCLadies.com. The DC Ladies site was created by “a forty something mom and her twenty something daughter. [...]
Posted in Arlington, Washington D.C. Tags: arlington real estate, local blogs, washington dc real estate No Comments »Washington DC Real Estate Up 5 Percent Year Over Year
September 16th, 2011 Laura The median sales price in the District saw a 5% increase from August 2010. Foreclosures and short sales accounted for 64 of the 582 properties sold during August. Average days on the market in August was 70, while average sale price was 93.7% of the original list price. Here are the average by property type, [...]
Posted in Washington D.C. Tags: august 2011, market statistics, washington dc real estate No Comments »Washington DC Real Estate Prices Up Nearly 5 Percent in July
August 18th, 2011 Laura Fueled by the 2nd largest sale EVER in DC (according to MRIS data), Washington DC median sales price is up 4.7% to $445,000. A total of 595 properties sold in July, of which 9% were either foreclosures or short sales. Average days on the market in the entire district was 69, and on average, properties [...]
Posted in Washington D.C. Tags: july 2011, market statistics, washington dc real estate No Comments »Decreased Inventory Drives Up DC Real Estate Prices By Over 10%
July 21st, 2011 Laura Active inventory dropped 14% from levels in June 2010. A drop in short sales and foreclosures – to 9.1% – also helped drive up Washington DC median sales price to 10.1% over June 2010. Average days on the market in the District is 68 and properties are selling, on average, for 95% of original list [...]
Posted in Washington D.C. Tags: june 2011, market statistics, washington dc real estate No Comments »DC Restaurant Week 2011: August 15 – 21
July 18th, 2011 Laura It’s that time of year again! It’s DC’s Restaurant week! When: August 15 – 21, 2011 What: Prix Fixe Menus at many restaurants in DC, Montgomery County and Northern Virginia. Lunch: $20.11 Dinner: $35.11* *Prices do not include beverages, tax, gratuity and are per person Who: For a complete list of participating restaurants and to [...]
Washington DC Median Sales Prices Increase Over 11 Percent in May 2011
June 29th, 2011 Laura The median sales price increased 11.4% in May 2011 over May 2010. Driven by over 630 sales, of which 11% were distressed sales (23 short sales, 48 bank owned). Remember, these averages are not divided by quadrant or condos v. coops: Single Family Homes, Detached Average Sale Price: $720,609 after 70 days Range: $43,000 – $3,275,000 Rowhomes/Townhomes Average [...]
Posted in Washington D.C. Tags: market statistics, may 2011, washington dc real estate No Comments »
