A Double Digit Increase in Median Sales Price for Washington DC Real Estate in November
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).
Average Sale Price: $423,433
Average Days on the Market for Condos: 46
Average Days on the Market for Coops: 68
Rowhouses/Townhouses/Single Family Homes
Average Sale Price: $560,615
Average Days on the Market: 50