DC Deanwood is just like many real estate markets across the country-Many inventory are currently still on the market but most of them are not selling. So as a home buyer I am sure you want to know is this a great time to buy?
One thing home buyers should take into consideration is that financial markets are improving Improving markets helped banks pass stress test | Reuters. I am no Warren Buffett in a very long shot but I strongly feel that is a good sign of things getting better. Another factor to consider is the Consumer Confidence Index - The Conference Board which posted a slight increase in March improved considerably in April which is very good news. And of course you can take advantage of the $8000 first time home buyer tax credit for DC Home buyers
Now that Banks and consumer confidence are improving,hopefully reviewing this DC Deanwood Real Estate Market Report Statistics Zip code 20019 for April 2009 will help you make a better sound decision on whether its time to buy or even sell your house.
| |
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
|
1
|
1
|
1
|
1
|
0
|
43
|
8
|
0
|
1 -30 Days
|
1
|
|
$100,000 - 149,999
|
0
|
0
|
0
|
0
|
0
|
47
|
13
|
0
|
31-60 Days
|
0
|
|
$150,000 - 199,999
|
2
|
1
|
0
|
0
|
0
|
64
|
24
|
0
|
61 - 90 Days
|
1
|
|
$200,000 - 249,999
|
0
|
1
|
0
|
0
|
0
|
50
|
3
|
0
|
91-120 Days
|
3
|
|
$250,000 - 299,999
|
0
|
1
|
1
|
0
|
0
|
45
|
1
|
0
|
Over 120 Days
|
6
|
|
$300,000 - 349,999
|
0
|
0
|
1
|
0
|
0
|
18
|
0
|
0
|
Total
|
11
|
|
$350,000 - 399,999
|
0
|
0
|
0
|
0
|
0
|
17
|
0
|
0
|
|
|
$400,000 - 449,999
|
0
|
0
|
0
|
0
|
0
|
4
|
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
|
2
|
|
$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
|
1
|
|
$5,000,000 & Over
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Unreported
|
0
|
|
Totals
|
3
|
4
|
3
|
1
|
0
|
290
|
49
|
0
|
Total
|
11
|
|
Grand Totals
|
11 |
339 |
2009 2008 % Change
| Total Sold Dollar Volume: |
$ 1,863,300 |
$ 4,015,558 |
- 53.60 % |
| Average Sold Price: |
$ 169,391 |
$ 250,972 |
- 32.51 % |
| Median Sold Price: |
$ 169,900 |
$ 254,500 |
- 33.24 % |
| Total Units Sold: |
11 |
16 |
- 31.25 % |
| Average Days on Market: |
166 |
120 |
38.33 % |
| Average List Price for Solds: |
$ 205,623 |
$ 273,638 |
- 24.86 % |
Avg Sale Price as a
percentage of Avg List Price: |
82.38 % |
91.72 % |
|
| Total NEW listings: |
62 |
| Total Properties Marked Contract: |
13 |
| Total Properties Marked Contingent Contract: |
12 |
| Total NEW pendings (Contracts + Contingents): |
25 |
|
Looking for a 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 DC Real Estate. 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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