DC Real Estate Prices Increase Again in April 2014

DC Real Estate Prices Increase Again in April 2014

With over 650 real estate sales in DC during April, DC real estate prices were up over 12% from 2013, while days on the market fell to 33, and sellers averaged 99.6% of asking price.

Single Family Homes
Average Sale Price: $946,988 in 40 days
Range: $40,000 – $16,100,000

Rowhomes/Townhomes
Average Sale Price: $669,020 in 25 days
Range: $80,750 – $2,825,000

1 Bedroom 1 Bathroom Condos/Coops
Average Sale Price: $348,813 in 24 days
Range: $17,500 – $569,900

2 Bedroom, 2 Bathroom Condos/Coops
Average Sale Price: $605,300 in 21 days
Range: $188,000 – $1,329,000

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