The average sale price in Washington, D.C. for October 2010 was up 18.4% from 2009, while days on the market was down 25% to 69. The DC market continues to be strong, with 49% of the properties selling in the first 30 days. Take a look at the averages:
Detached Property
Average Sale Price: $896,201
Attached Property (Townhomes, Rowhomes, etc)
Average Sale Price: $480,229
Condos/Coops
Average Sale Price: $359,411
Inventory levels continue to remain low as properties sell quickly.