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December 5, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for DC Metro Area, District of Columbia

Reported by Christopher Richardson, REALTOR, ABR, CBR, CLHMS, CRS, GRI

Updated October 20, 2009.

Current Market Rating: 1



1
2
3
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5
Buyer's

Seller's

Current Price Trend: 1



1
2
3
4
5
Falling

Rising

The average price of homes sold in the DC Metro Area was $466,336 in August 2009. In August 2008 the average price was $557,079...

In August 2009 the average .Days on Market (DOM) was 85. In 2008 the average (DOM) was 80.

In August 2009 there were 3,142 active properties of which 785 were new. There were 602 units sold in August 2009, 501 were sold in August 2008.

Lower interest rates, higher inventory and motivated sellers give buyers room to make a deal! Call me today and let's see if we can find your dream home! (301) 577-8080 or visit my website at ww.TheChrisRichardsonTeam.com.
Chris




Location Characteristics: The Washington Metropolitan Area is formally known as the Washington-Arlington-Alexandria. It is also part of the larger Baltimore-Washington Metropolitan Area. As of the 2007 Census Bureau estimate, the population of the Washington Metropolitan Area was estimated to be 5,306,565.

Chris Richardson is a long-time resident of the Washington DC area and is familiar with market conditions and trends. Call Chris at 301.577.8080.

For More Information:

View Market Conditions of other areas served by Christopher Richardson

Navigate: Top > District of Columbia > DC Metro Area

About Christopher Richardson:
Chris is married to his beautiful wife Andreya (a pharmacist) and together they have two children Aneya and Campbell. In his spare time, Chris enjoys golf, racquetball, traveling and spending quality time with his family. Chris is also very proud to be a service veteran who served as a member of the United States Marine Corps where he achieved the rank of Sergeant. After his honorable discharge in 1994, he continued developing his leadership and managerial skills first as a retail manager with Giant Food and then with Bank of America as a banking center manager. With a burning desire to be self-employed, Chris launched his real estate career where he hit the ground running and never stopped. He has been recognized by RE/MAX and the local real estate board as one of the areas top producers and a leader in the industry. Chris continues to support his community through his many volunteer work opportunites with schools and charitable organizations. In the spirit of giving back, he hosts an annual charity golf classic to benefit children with asthma in Prince George's County. As is also typical of Chris's style and spirit, he says "Thank You" with PIZAZZ to his clients and friends by sponsoring an annual year end appreciation celebration. Chris is truly appreciative of his past blessings and opportunities and the lessons he's learned along the way. He looks forward to assisting you with all of your home buying and home selling needs and hopefully counting you among the guests at this year's celebration.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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