Overall DC Prices Climb Over 4%, Condos Climb Nearly 8%

Overall DC Prices Climb Over 4%, Condos Climb Nearly 8%

Over 530 properties sold in DC during November, which helped DC prices climb. Only 23 were distressed sales. On average, prices were up 4.55% from last year, days on the market fell to an average of 40, and sellers averaged 98.1% of asking price. Condos and Coops had the biggest gains with an average increase of about 8% over last year.

Single Family Homes
Average Sale Price: $885,507 in 39 days
Range: $105,000 – $4,500,000

Rowhomes/Townhomes
Average Sale Price: $661,992 in 33 days
Range: $75,000 – $2,545,000

1 Bedroom 1 Bathroom Condos/Coops
Average Sale Price: $345,372 in 33 days
Range: $45,000 – $850,000

2 Bedroom, 2 Bathroom Condos/Coops
Average Sale Price: $648,836 in 29 days
Range: $68,000 – $1,525,000

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