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Market Conditions for DC Metro Area, District of Columbia
Reported by Coni Otto, REALTOR
Updated October 13, 2009.
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Current Market Rating: 2
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Buyer's
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Seller's
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Current Price Trend: 2
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Falling
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Rising
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Average price per square foot for Washington DC was $1,237, an increase of 231.6% compared to the same period last year. The median sales price for homes in Washington DC for Jul 09 to Sep 09 was $380,000 based on 668 home sales. Compared to the same period one year ago, the median home sales price decreased 2.6%, or $10,000, and the number of home sales decreased 41.4%.
There are currently 4,028 resale and new homes in Washington, including 106 open houses, as well as 901 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Washington DC was $617,580 for the week ending Oct 07, which represents a decrease of 2.4%, or $15,023, compared to the prior week. Popular neighborhoods in Washington include Dupont Circle and Georgetown, with average listing prices of $766,398 and $2,472,568.
ZIP Codes: all, Zip, codes
Approximate Location Boundaries: Market Overview
Location Characteristics: Washington, DC is our Nation's Capitol... Check out DC's website http://www.dc.gov/index.asp
Neighborhood sites: http://www.neighborhoodinfodc.org/
For More Information:
View Market Conditions of other areas served by Coni Otto
Navigate: Top > District of Columbia > DC Metro Area
About Coni Otto:
Listing Agent who will get your home SOLD in any market. Specialty working with Homeowners, Senior Citizens, Banks, Probate lawyers, and families.. Buyers Agent working exclusive with buyers to negotiate the best deals for my clients. Working with First Time Homebuyers, seasoned homebuyers, and investors, from contract to close. Ask for Coni Otto at 240-483-7556 Cell Phone
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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