DC Real Estate Prices Increase 6%

A total of 668 properties sold in DC during April. Sellers averaged 99.5% of original list price, which undoubtedly helped prices increase 6% over April 2012. Only 28 properties were short sales or foreclosures.

Single Family Homes
Average Sale Price: $776,469 after 31 days
Range: $90,000 – $2,710,000

Townhomes/Rowhomes
Average Sale Price: $591,152 after 30 days
Range: $80,000 – $2,850,000

1 Bedroom, 1 Bathroom Condos/Coops
Average Sale Price: $327,161 after 34 days
Range: $48,000 – $552,000

2 Bedroom, 2 Bathroom Condos/Coops
Average Sale Price: $602,900 after 31 days
Range: $150,000 – $1,461,000

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