DC Real Estate Price Climb 11 Percent in July

DC Real Estate Price Climb 11 Percent in July

DC Real Estate Price Climb: Another huge month in DC – almost 800 properties sold, in an average of 35 days on the market. Average prices increased 11.07% from 2012, median sale price was up 13.6%, and on average, sellers got 99.2% of original asking price.

Single Family Homes
Average Sale Price: $1,024,911 in 29 days
Range: $75,200 – $7,850,000

Rowhomes/Townhomes
Average Sale Price: $661,574 in 29 days
Range: $42,000 – $3,940,000

1 Bedroom, 1 Bathroom Condos/Coops
Average Sale Price: $345,127 in 24 days
Range: $55,000 – $638,000

2 Bedrooms, 2 Bathrooms Condos/Coops
Average Sale Price: $624,688 in 30 days
Range: $155,000 – $4,100,000

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