A whopping 727 properties sold in DC last month! No wonder inventory levels are down 32%, buyers are flying through active inventory like crazy! Median sales price increased 4.6% over last year, and properties are selling for an average of 97.5% of original list price. Of the 727, 18 were foreclosures and 33 were short sales.
Single Family Homes
Average Sale Price: $774,264 after 60 days
Range: $32,500 – $2,869,000
Townhomes/Rowhomes
Average Sale Price: $585,464 after 43 days
Range: $45,000 – $2,525,000
1 Bedroom, 1 Bathroom Condo/Coop
Average Sale Price: $313,604 after 51 days
Range: $19,000 – $675,000
2 Bedroom, 2 Bathroom Condo/Coop
Average Sale Price: $574,465 after 57 days
Range: $169,900 – $1,215,000
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