Median prices are up with the highest year-over-year price gain in nearly 7 years. The average sale price in DC increased 7%, while the median rose 11.3%. Inventory levels were down 36% and sellers were averaging 96.7% of list price. There was a 25% increase in the numbers of units sold, which indicates demand in DC is still up.
Single Family Homes
Average Net Sale Price: $761,684 after 65 days
Range: $125,000 – $1,800,000
Townhomes
Average Net Sale Price: $641,888 after 26 days
Range: $72,500 – $3,025,000
1 Bedroom, 1 Bathroom Condos/Coops
Average Net Sale Price: $338,541 after 49 days (median: 15)
Range: $35,000 – $545,750
2 Bedroom, 2 Bathroom Condos/Coops
Average Net Sale Price: $550,902 after 59 days (median: 22)
Range: $162,500 – $1,344,500
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