Realty Times - DC Metro Area, District of Columbia Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > District of Columbia > DC Metro Area

Market Conditions Summary for DC Metro Area, District of Columbia

Reported by

Barb Northam
as of 10/26/2009:

OK--Someone did NOT get their immunization updated! DC may be the only 'market' in the DC/NoVa metro area that's moving down as opposed to up. Where the other jurisdictions are seeing stability and positive increases (albeit small increases), DC is... MORE->
About Barb Northam

Reported by

Christopher Richardson
as of 10/20/2009:

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... MORE->
About Christopher Richardson

Reported by

Coni Otto
as of 10/13/2009:

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... MORE->
About Coni Otto

Reported by

Deneen Davis-with Weichert Realtors- Great Falls VA /Camp Springs MD
as of 10/6/2009:

Great Bargins for sellers, investors and buyers. Movement is up and many people want to recieve a... MORE->
About Deneen Davis-with Weichert Realtors- Great Falls VA /Camp Springs MD

Average Current Market Rating: 1.5 (4 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 1.8 (4 ratings)

1	2	3	4	5
Falling			Rising

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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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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