DC real estate prices averaged a 4% increase from last year. More properties sold in few days and there’s less inventory, attributing the increases. Sellers averaged 98.6% of asking price.
Single Family Homes
Average Sale Price: $879,669 after 57 days (median was 22)
Range: $65,000 – $8,600,000
Townhomes/Rowhomes
Average Sale Price: $623,779 after 37 days
Range: $69,000 – $2,650,000
1 Bedroom, 1 Bathroom Condo/Coop
Average Sale Price: $327,790 after 41 days
Range: $60,000 – $625,000
2 Bedroom, 2 Bathroom Condo/Coop
Average Sale Price: $598,590 after 57 days (median was 9)
Range: $116,250 – $1,625,000
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