During December, a total of 675 DC homes sold. Of those, 361 sold in under 20 days – that’s 54%!! Average prices declined 4.8% but median prices increased 5.5%. Days on the market fell to 36, inventory climbed 5%, and sellers averaged 98.1% of asking price.
Single Family Homes
Average Sale Price: $830,383 in 39 days
Range: $111,500 – $3,000,000
Rowhomes/Townhomes
Average Sale Price: $596,218 in 29 days
Range: $76,100– $3,100,000
1 Bedroom 1 Bathroom Condos/Coops
Average Sale Price: $337,692 in 25 days
Range: $43,000 – $768,000
2 Bedroom, 2 Bathroom Condos/Coops
Average Sale Price: $617,214 in 31 days
Range: $242,000 – $1,650,000
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