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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 [...]
Archive for the ‘Washington D.C.’ Category
Washington DC Real Estate Prices Up Nearly 5 Percent in July
August 18th, 2011 
Laura 
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 »Washington DC Real Estate Prices Up, Inventory Up
May 24th, 2011 Laura Nearly 550 properties sold last month in DC, of which 21 were short sales and 66 were bank owned. Even with the nearly 15% market share of distressed properties, the DC market continues to grow. Inventory levels continue to grow, giving homebuyers more opportunities to purchase a home. Remember, these averages are not divided by [...]
What Does $30 Million Get You?
May 3rd, 2011 Laura If you’re willing to forego living in Arlington, you can buy this grandiose Estate from the 18th century known as the Evermay in DC. Back on the market at the bargain price of $25,900,000, nearly 50% off the original list price of $49,000,000 back in October of 2008. Here’s what $26M will get you: Bedrooms: [...]
Posted in Washington D.C. Tags: estate, evermay, historic homes, mansions, Washington D.C. 2 Comments »Washington DC Sees 7% Increase in Median Sales Price for March 2011
April 15th, 2011 Laura Prices increased another 7% over last year last month. A total of 575 units sold in March, of which 15.1% were distressed (29 short sales, 58 foreclosures). Days on the market increased slightly by 3 days over March 2010, while inventory levels are down 22%. Here’s the breakdown by property type, but not by quadrant: [...]
Posted in Washington D.C. Tags: march 2011, market statistics, washington dc real estate No Comments »Washington DC Real Estate Sees Nearly 7% Increase in Prices
March 28th, 2011 Laura Washington DC saw a 6.8% increase in median sales price in February 2011 over last year. Undoubtedly helped by the 4.2% drop in inventory levels and increase in number of units sold. Of the 384 properties sold, 23% were either short sales or foreclosures. Here’s the sales breakdown: Single Family Homes (all of DC, not broken down [...]
Posted in Washington D.C. Tags: february 2011, market statistics, washington dc real estate 2 Comments »Washington DC Metro Area Makes Headlines – How This Impacts Your Real Estate Market
March 24th, 2011 Laura Men’s Health Magazine did a profile in the March edition of the most Socially Networked Cities across the USA…DC Ranked #1. The rankings were calculated as a measure of per capita engagement on sites like Facebook, LinkedIn, Twitter, blogs, etc. DC got an overall ranking of an A+ What Does That Mean For Your Real [...]
Posted in Arlington, Washington D.C. Tags: arlington real estate news, in the press, sellers, Washington D.C. No Comments »
