Only a few averages were available for September sales, most of the properties that sold were single family homes. In 22101, the average fell 18% but don’t be fooled…that’s not an accurate representation of the market. Sellers averaged 94.4% of asking. In 22102, prices increased 12.4%, days on the market fell to 42, and sellers averaged 97.6% of asking price.
22101
Single Family Homes
Average Net Sale Price: $1,196,944 in 72 days
Range: $599,000 – $5,570,000
22102
Single Family Homes
Average Net Sale Price: $1,350,000 in 47 days
Range: $905,000 – $2,700,000