DC Deanwood Real Estate Market Report (Zip code 20019) in March 2009 was bad. Matter of fact,it was very bad. At first I didn't want to report it which is one of the reasons why I took me so long to write this blog. But as real estate professionals,we always have to report the truth to the public whether good or bad.
According to this DC Deanwood Real Estate Market Report for March 2009,you will see that houses in Deanwood are taking longer to sell,less homes for sale were sold-9 houses compared to 19 houses sold this same time last year,less total sold dollar unit and more DC Deanwood home buyers are using FHA loans-Five out of the nine people who brought a home in DC Deanwood used a FHA Loan. But with the $8000 tax credit that DC home buyers can use to purchase their house before 12/1/09,this is still a great opportunity for ready,willing and able home buyers to take advantage of this real estate market and buy a house.
Here is the DC Deanwood Real Estate Market Report (Zip code 20019) for March 2009
| |
Residential
Unit Sales
Number of Bedrooms
|
Active Listings
|
|
Time on Market
|
|
Price Class
|
2
Or Less
|
3
|
4
or More
|
Condo
Coop
|
Ground
Rent
|
Residential
|
Condo
Coop
|
Ground
Rent
|
of Units Sold
(No. of Units)
|
|
Under $100,000
|
0
|
0
|
1
|
0
|
0
|
33
|
13
|
0
|
1 -30 Days
|
2
|
|
$100,000 - 149,999
|
0
|
1
|
0
|
0
|
0
|
44
|
16
|
0
|
31-60 Days
|
1
|
|
$150,000 - 199,999
|
1
|
0
|
0
|
0
|
0
|
61
|
29
|
0
|
61 - 90 Days
|
1
|
|
$200,000 - 249,999
|
2
|
2
|
0
|
0
|
0
|
45
|
6
|
0
|
91-120 Days
|
1
|
|
$250,000 - 299,999
|
0
|
1
|
0
|
0
|
0
|
43
|
1
|
0
|
Over 120 Days
|
4
|
|
$300,000 - 349,999
|
0
|
1
|
0
|
0
|
0
|
20
|
0
|
0
|
Total
|
9
|
|
$350,000 - 399,999
|
0
|
0
|
0
|
0
|
0
|
16
|
0
|
0
|
|
|
$400,000 - 449,999
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
Type of Financing
of Units Sold
(No. of Units)
|
|
$450,000 - 499,999
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
|
$500,000 - 599,999
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Conventional
|
1
|
|
$600,000 - 699,999
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
FHA
|
5
|
|
$700,000 - 799,999
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
VA
|
0
|
|
$800,000 - 899,999
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Assumption
|
1
|
|
$900,000 - 999,999
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Cash
|
2
|
|
$1,000,000 - 2,499,999
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Owner Finance
|
0
|
|
$2,500,000 - 4,999,999
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
All Other
|
0
|
|
$5,000,000 & Over
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Unreported
|
0
|
|
Totals
|
3
|
5
|
1
|
0
|
0
|
270
|
65
|
0
|
Total
|
9
|
|
Grand Totals
|
9 |
335 |
2009 2008 % Change
| Total Sold Dollar Volume: |
$ 1,864,400 |
$ 4,133,900 |
- 54.90 % |
| Average Sold Price: |
$ 207,156 |
$ 217,574 |
- 4.79 % |
| Median Sold Price: |
$ 219,500 |
$ 235,000 |
- 6.60 % |
| Total Units Sold: |
9 |
19 |
- 52.63 % |
| Average Days on Market: |
154 |
108 |
42.59 % |
| Average List Price for Solds: |
$ 226,111 |
$ 232,208 |
- 2.63 % |
Avg Sale Price as a
percentage of Avg List Price: |
91.62 % |
93.70 % |
|
| Total NEW listings: |
63 |
| Total Properties Marked Contract: |
13 |
| Total Properties Marked Contingent Contract: |
7 |
| Total NEW pendings (Contracts + Contingents): |
20 |
|
Looking for a DC Real Estate Agent that will help you buy and/or sell your next house? Want a "Free Real Estate Market Report" in your area of choice? Register on my website at www.buyandsellnewhomes.com. I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com or Twitter 
http://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day. "Buy home Washington DC Zip codes 20019,20020,20032,20011
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