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July DC Market Report

   AV sold Price

Price vs.     Last YR

Units SoldUnit Sold vs. Last YRDOMDOM vs. Last YR.% Sales Price
$565,1946.61%74010.61%6017.65%96.39%

While the Real Estate market in many parts of the country remains slow and declining; the state of the market in the Nation's Capitol is looking up.

In the month of July, the average SOLD price has increased over last year, as has the number of homes sold.  Days on the market (DOM), is still higher than last year, but is down from it's highest point in years.  In March the DOM was 84 days.  So we have seen some improvement this year.

Homes in the District of Columbia are selling at an average of 96.39%. 

No huge deals here.

 

 

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Contact James Downing of the MetroDCHouses Team, if you are selling, buying or have questions!

Office: 202-469-6778   Cell: 703.244.3971

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