market update: DC Housing Market sure better than much of the country. - 11/02/09 08:31 PM
I have said it before and I will say it again.  The Housing market in Metro Washington DC - is good.
Just this week; an out of town buyer was shocked when I told her that the 10 of the 14 homes she asked to see last week - were Under … (5 comments)

market update: Washington, DC : Market Update 9/29/09 - 09/29/09 07:51 AM
Current Number of Homes Active and Under Contract in the Washington DC area:  
Here is the breakdown as of September 29th, 2009
 
The number of properties on the market continues to drop as the number of homes under contract rises.  Most notably; Single Family Homes in both DC … (0 comments)

market update: Washington, DC : Market Update 9/8/09 - 09/08/09 08:51 PM

Current Number of Homes Active and Under Contract in the Washington DC area:  
Here is the breakdown as of September 8th, 2009
 
The number of properties on the market continues to drop. Sales and inventory tend to be at one of it's lowest points in the month … (0 comments)

market update: Washington, DC : Market Update 8/4/09 - 08/04/09 08:27 AM
Current Number of Homes Active and Under Contract in the Washington DC area:  
Here is the breakdown as of August 4th, 2009
 
The number of properties on the market has taken a large drop; which is typical for the summer season in the DC Metro area.  Sales and … (0 comments)

market update: Washington DC - Dupont Circle Neighborhood - SOLD ! - 08/02/09 01:07 PM
What's Selling - Washington DC - Dupont Circle Neighborhood Here are the Properties that sold in this Washington DC Neighborhood:  July 2009

 
 
 
Type           #Bedrooms/Baths          List Price         Sold Price        Days on Market
Condo                 2/2   … (0 comments)

market update: Extension of temporary loan cap - 08/01/09 12:56 PM
The House Appropriations Committee approved a bill to extend the temporary conforming loan limits in high-cost housing markets through the end of September 2010.  
A conforming loan is one that meets the standards of loan guidelines of Freddie Mac and Fannie Mae. Right now the conforming loan limit in certain high-cost areas of the … (0 comments)

market update: Washington DC - Sales remain strong - 07/30/09 08:58 AM
As my last post said - the Real Estate market is going strong in Washington DC.  Now I don't want people who read this think it's all roses here - or that anything will sell - that is simply NOT true.
But what the data shows is that the market in … (0 comments)

market update: Multiple Offers - still happening in DC - The Times are Changing... - 07/29/09 09:49 AM
I have mentioned this before - and it is still happening.  Now don't get me wrong - not every home has multiple offers; nor do I ever want to see that again!
Just yesterday my team had an offer which we lost in multiple offers.  Ours was a full-price, all cash … (3 comments)

market update: Washington, DC : Market Update 12/29/08 - 12/29/08 08:06 AM
Current Number of Homes Active and Under Contract in the Washington DC area:Here is the breakdown as of December 29th, 2008Here are the number of homes on the market including the number of homes that were taken Off (EXPIRED) the market last week.  Washington DCSingle Family:     Actives: 2005 (Down 12 from … (0 comments)

market update: Bad News for the Housing Market..... What DO all these numbers mean? - 12/24/08 08:33 AM
Watching the News last night; they talked about more bad news for the economy.  The news said "Biggest drop in home sales" and "prices drop x%".  What they don't say is; Biggest drop as compared to what?  Last month? Last Year? 10 Years ago?  Prices have dropped compared to what?  Last … (1 comments)

market update: Washington, DC : Market Update 11/24/08 - 11/24/08 08:37 AM
Current Number of Homes Active and Under Contract in the Washington DC area:

Here is the breakdown as of November 24th, 2008
The number of homes for sale in the DC Real Estate Market; remains much like it did last year at this time. 
Montgomery County and Arlington … (1 comments)

market update: Real Estate in DC - IS Alive NOT Dead ! - 11/18/08 10:30 AM
We all watch the news; and it always says how bad things are in the Real Estate business.  The market is so bad.  You cannot get a mortgage. Interest rates are high. Real Estate agents are leaving the business in droves.  These are things we often hear; but is there any … (1 comments)

market update: Now that the election is over; the DC Real Estate Market will pick up - Right??? - 11/09/08 01:36 PM
I have only been asked this question about 15 times in the past few days.  Of course if I could predict things - I would be Vegas right now!
Yes it is true that the election is finally over.  No matter whom you voted for - you must admit - not … (8 comments)

market update: Washington, DC : Market Update 8/25/2008 - 08/25/08 03:17 PM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of August 25th, 2008
This week inventory levels continue to drop; which is normal before the Fall "Mini-season". 
Washington DC, Montgomery County and Arlington County; continue to have inventory levels close to last year. 
Some … (0 comments)

market update: Washington, DC : Market Update 5/12/2008 - 05/12/08 09:00 AM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of May 12th, 2008
Many of the "expired" listings from two weeks ago; returned to the market place last week.  However in DC and Arlington; homes inventories are remaining fairly steady.
In most of … (0 comments)

market update: DC Market Update 1/14/2008 - 01/15/08 02:46 AM
DC Market Update 1/14/2008
Current Number of Homes Active and Under Contract:
Here is the breakdown as of January 14th, 2008
As TYPICAL for the couple of weeks after New Years- Home Inventory (Number 'Active') jumped quite a bit; as many of the over 900 "EXPIRED" listings from last week; have re-listed their … (0 comments)

market update: DC Market Update 1/7/2008 - 01/07/08 08:57 AM
DC Market Update 1/7/2008
Current Number of Homes Active and Under Contract:
Here is the breakdown as of January 7th, 2008
Home Inventory (Number 'Active') continues to decrease; mostly due to the number of "EXPIRED" Listings; which was VERY high.
Many of these homes will return to the market place next week; yet others will most … (0 comments)

market update: DC Homes For Sale - 12/28/07 09:52 AM
Here are the current Single Family (non-condo) homes for sale in some of the Washington DC neighborhoods.
As you can see; Capitol Hill has the most number of Homes for sale in the (close to downtown) areas.  Capitol Hill remains an area where many want to live because of its proximity to … (3 comments)

market update: What's Selling - DC - Logan/Mt Vernon Square Neighborhoods - 12/24/07 09:05 AM
What's Selling - DC - Logan/Mt Vernon Square Neighborhoods
Properties that sold 12/17 - 12/24
Type of Property      #BR/Baths                 List Price        Closed Price    # Days on Market
Condo                       2/2                        $409,646           $360,000             111*     
Condo                       1/1                        $289,097           $285,000              89*  
Condo                       3/2.5                    $1,200,000         $1,150,000            68            
Row House                 2/2.5                    $1,475,000         $1,445,000            58              
Condo                       1/1                        $369,900           $355,000              45    
Condo                       1/1                        $285,000           $280,000              47
Condo                       1/1                        $434,000           $420,000              59*
Condo                       1/1                        $434,000           $424,000              39*
Row House                 3/2.5                     $899,900           $890,000              47
Condo                       3/2.5                     $539,000           $524,000              24*
Condo                       3/2.5                     … (0 comments)

market update: What is the Average List Price for a DC condo? - 12/15/07 10:42 AM
As with every city; the cost of a home varies greatly by neighborhood.  Here is a breakdown by Zip Code (and the Neighborhood).
 As you can see; Cleveland Park and Adams Morgan tend to be where the more expensive condos are for sale; with Brookland and SW DC, being the more inexpensive areas.
*This … (1 comments)

 
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James Downing - REALTOR®,GRI, ABR - DC Real Estate

Washington, DC

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Coldwell Banker Residential Brokerage

Address: 5028 Wisconsin Ave NW, Suite 100, Washington, DC, 20016

Office Phone: (202) 362-5800

Cell Phone: (703) 244-3971

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