Prices continue to grow month by month in the District. Median sales prices in DC are up 1.6% over 2010, while days on the market is 77 and sellers are averaging 95.1% of original list price. A total of 527 properties sold last month, 66 of them were distressed, accounting for 12.5% of the market. Here are the averages by properties type without consideration for location:
Single Family Homes
Average Net Sale Price: $620,168 after 75 days
Range: $55,000 – $4,175,000
Rowhomes/Townhomes
Average Net Sale Price: $516,123 after 73 days
Range: $39,000 – $1,995,000
1 Bedroom, 1 Bathroom Condos/Coops
Average Net Sale Price: $307,937 after 75 days
Range: $25,500 – $610,000
2 Bedroom, 2 Bathroom Condos/Coops
Average Ne Sale Price: $509,381 after 74 days
Range: $116,303 – $1,353,500