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A huge increase in the median sale price for Washington DC real estate last month. The median sale price jumped up 12.53% over April 2011. Properties were selling in an average of 67, but nearly HALF of all of the 586 sales were in the first 2 weeks the property was on the market, property [...]
Posts Tagged ‘market statistics’
Washington DC Median Sales Price Up Over 12%
May 16th, 2012 
Laura 
Posted in Washington D.C. 
Tags: april 2012, market statistics, washington dc real estate 
No Comments »Falls Church City Real Estate Sees Double Digit Price Increases in April
May 16th, 2012 Laura Falls Church City saw a 10% increase in average sale price over last year! Properties were selling for an average of 98.7% of the original list price, probably because inventory levels were down nearly 33% from 2011. Overall, a total of 125 properties sold in all of Falls Church, of which 8 were short sales [...]
McLean Real Estate Selling FAST
May 14th, 2012 Laura McLean real estate is literally flying off the market these days. Prices took a small dip in April, but that’s because more of the “affordable” houses in McLean sold last month, bringing average sale prices down. However, inventory is down throughout McLean, as are days on the market. In 22101, properties were selling for an [...]
Arlington Real Estate Climbs Over 18% in April 2012
May 11th, 2012 Laura Well into the Spring real estate market, it’s easy to see how strong our local economy is! Prices soared 18.13% over last year, days on the market fell to 61, inventory fell by 19%, and properties were selling for an average of 97% of original list price. Condos increased over 21%, townhomes increased over 14%, [...]
Washington DC Real Estate Prices Up Nearly 8 Percent in March 2012
April 17th, 2012 Laura Low inventory levels continued to drive up prices in Washington DC last month. Inventory levels were 25% lower than this time last year, while prices were up almost 8% on average. A total of 541 properties sold in March, of which 22 were short sales and 19 were foreclosures. Properties were selling for an average [...]
Posted in Washington D.C. Tags: march 2012, market statistics, washington dc real estate No Comments »Steady Increases in Falls Church Real Estate Prices Continue
April 16th, 2012 Laura Another decrease in foreclosures and short sales fueled price increases in the real estate market in Falls Church last month. A total of 106 properties sold, of which 9 were foreclosures and 6 were short sales. Prices increased compared to 2011: Single Family Homes Average Net Sale Price: $516,062 after 54 days Range: $231,970 – [...]
McLean Real Estate Inventory Decrease Causes Price Spike
April 13th, 2012 Laura Decreases across both 22101 and 22102 in inventory levels caused massive double digit increases in average sale prices in March 2012. In 22101, inventory levels were down 5%, and average sale prices were up 36%. In 22102, a decrease of 7% in active homes for sale also caused a 36.8% increase in average sale prices. [...]
Arlington Real Estate Prices Continue to Increase
April 11th, 2012 Laura March was another good month for Arlington real estate, prices inched up almost 2% over averages of last year. The biggest sign our market is strong: over 51% of the properties sold in March sold within 30 days. A total of 195 sold in March, of which 7 were short sales and 9 were foreclosures. [...]
Prices Up From 2011 in Falls Church
March 19th, 2012 Laura A total of 83 properties sold in February in Falls Church, of which 10 were bank owned and 9 were short sales, that’s about 6% less than February 2011. With inventory levels lower this year, prices almost across the board were up from last year. Take a look at the breakdown: Single Family Homes Average Net [...]
Posted in Falls Church Tags: falls church real estate, february 2012, market statistics No Comments »Washington DC Real Estate Prices Climb Nearly 8% in February 2012
March 15th, 2012 Laura A decrease in active inventory of over 27% undoubtedly help fuel a 7.86% increase in average sale prices in Washington DC last month. Days on the market fell to an average of 74, while properties were selling for 95.1% on average of original list price. A total of 425 properties sold, of which 34 were short sales [...]
Posted in Washington D.C. Tags: february 2012, market statistics, washington dc real estate No Comments »
