Washington, DC Real Estate Market Update for September 2010 – Days Down, Prices Up
Days on the market til sale is a great indicator of the market pace in DC – it’s down over 33% to 63 days, on average. Prices for condos are up to $419,204 while single family homes are still down, $548,073. Of the 492 properties sold last month, 65 were bank owned and 24 were short sales, that accounts for about 18% of the market.
Look at the stats for our local MLS provider: MRIS
Hint: Click on the picture below to make it bigger and easier to read!