DC real estate prices increase again! During July, average sale prices increased 3.7% over last year and days on the market fell to 32. Here’s the price breakdown by property type:
Single Family Homes
Average Sale Price: $1,092,305 in 23 days
Range: $85,000 – $6,833,333
Rowhomes/Townhomes
Average Sale Price: $723,597 in 24 days
Range: $63,000 – $5,000,000
1 Bedroom 1 Bathroom Condos/Coops
Average Sale Price: $356,382 in 35 days
Range: $33,000 – $724,000
2 Bedroom, 2 Bathroom Condos/Coops
Average Sale Price: $610,884 in 26 days
Range: $125,000 – $2,950,000
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