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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 [...]
Posts Tagged ‘washington dc real estate’
Washington DC Median Sales Prices Increase Over 11 Percent in May 2011
June 29th, 2011 
Laura 
Posted in Washington D.C. 
Tags: market statistics, may 2011, washington dc real estate 
No 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 »Median Sales Price Up 14.3% in Washington,D.C.
February 25th, 2011 Laura When supply goes down and demand goes up, prices follow by going up (the summary of what I learned at Hopkins while getting my masters degree). Washington DC real estate was a prime example last month, experiencing a decrease in days on the market while median sales price went up 14.3%. Nearly 400 properties were [...]
Posted in Washington D.C. Tags: january 2011, market statistics, washington dc real estate 2 Comments »Washington DC Real Estate Ends 2010 About 3% Above 2009
January 18th, 2011 Laura A strong end for the DC real estate market, as prices across the board increased. Interestingly enough, inventory levels dropped significantly to the low levels we saw in December 2009. This is in part due to the slow December month, and partly due to the number of sales during November/December. Both condos/coops and single family [...]
Posted in Washington D.C. Tags: december 2010, market statistics, washington dc real estate, year end review 1 Comment »Starting the Year Off Right…Being Ranked #2 for Foreign Investors
January 3rd, 2011 Laura Well, hello 2011, you’re looking dapper. Starting 2011 with some good news, the Association of Foreign Investors in Real Estate has named the Washington, D.C. metro market the #2 favorite market for investors, right behind New York City. The survey was conducted in the fourth quarter of 2010 by James A. Graaskamp Center for Real Estate, Wisconsin [...]
Posted in Arlington, Investor, Washington D.C. Tags: investing, investors, washington dc real estate No Comments »A Double Digit Increase in Median Sales Price for Washington DC Real Estate in November
December 20th, 2010 Laura After a HUGE November in Washington, D.C., median sale price was up 19% from November 2009, while the overall Year-To-Date increase is 2.7%. A total of 481 properties sold, of which 18 were short sales and 46 were bank owned (accounting for 13.3% of the total market). Condo/Coop Average Sale Price: $423,433 Average Days on [...]
Posted in Washington D.C. Tags: market statistics, november 2010, washington dc real estate No Comments »Washington DC Real Estate Prices Up 18% in October 2010
November 18th, 2010 Laura The average sale price in Washington, D.C. for October 2010 was up 18.4% from 2009, while days on the market was down 25% to 69. The DC market continues to be strong, with 49% of the properties selling in the first 30 days. Take a look at the averages: Detached Property Average Sale Price: $896,201 [...]
Washington DC Real Estate Slow and Steady
August 17th, 2010 Laura July in DC – hot, humid, and sweaty….luckily the real estate market is keeping pace with the weather. Year to Date sales are up 21.8% for condos/coops and up 29.3% for single family homes/rowhouses. Average sales prices for condos/coops is the highest it’s been over the past 5 years, while single family/rowhouses is basically at [...]
Washington DC Real Estate Market on the Mend
May 19th, 2010 Laura Prices in nearby Arlington County and Falls Church City are up from 2009, but how about the District? Let’s take a look at the Washington, D.C. real estate market as a whole for April 2010: days on the market is down nearly 24% from 2009, and median average sale price is just a hair under [...]
