DC Real Estate Is Still Selling Quickly

DC real estate is still selling quickly! Properties during August sold for an average of 98.3% of original asking price, and on average in 37 days. Prices took a slight dip of only 0.94% compared to last year.

Single Family Homes
Average Sale Price: $739,695 in 36 days
Range: $60,000 – $1,937,500

Rowhomes/Townhomes
Average Sale Price: $652,290 in 25 days
Range: $80,000 – $3,495,000

1 Bedroom 1 Bathroom Condos/Coops
Average Sale Price: $335,331 in 29 days
Range: $55,000 – $899,000

2 Bedroom, 2 Bathroom Condos/Coops
Average Sale Price: $701,404 in 33 days
Range: $220,000 – $2,302,100

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