Dupont/Adams Morgan July 2012 Market Snapshot

Dupont Adams Morgan July 2012 Market Snapshot

New Condos in Adams Morgan DC

Dupont/Adams Morgan July 2012 Market Snapshot

In the Dupont/Adams Morgan zip code 20009, the July 2012 median sold price for Condo & Coop properties was $435,800. This is 0.3% higher than the median sold price for the same zip code in June, and an increase of 7.6% from Jul 2011.

All product types in Dupont/Adams Morgan 20009 zip code July 2012

Dupont Adams Morgan July 2012 Pending & Closed Sales

Dupont Adams Morgan July 2012 Prices

Days On Market in Dupont/Adams Morgan DC 20009 zip code July 2012

Average Days On Market for sold homes in Dupont/Adams Morgan 20009 during July was 42 days, 21% less than the 5-year July average of 53 days.

New Contracts Dupont/Adams Morgan DC 20009 zip code July 2012

New contract activity increased 19.1% month over month, with 81 New Pending Sales.  A 7.4% month over month increase in All Pendings (new contracts + contracts carried over from June) was realized at 102 and supply of available homes decreased 10.8% to 149 active units.

The Dupont/Adams Morgan 20009 Contract Ratio was 0.68 pendings per active listing, up from 0.57 in June and an increase from 0.34 in July 2011.

The Contract Ratio is 42% higher than the 5-year July average of 0.48. A higher Contract Ratio signifies a relative increase in contract activity compared to supply, and indicates the market is moving in the seller's favor. A lower Contract Ratio signifies a relative decrease in contract activity compared to supply, and indicates the market is moving in the buyer's favor.

See all July 2012 DC market data

Data provided by RBI (RealEstate Business Intelligence)

Copyright 2012-2015 Susan Isaacs

All coolDCre.com blog posts

The Isaacs Team

Email: theisaacsteam @ gmail.com

Cellular: 202-669-5343  @cooldcre

Coldwell Banker Residential Brokerage, Dupont

The #1 brokerage and office in Washington DC!

1606 17th Street NW DC 20009

 

 

New condos in Washington DC & Northern Virginia; Logan Circle, Adams Morgan, Dupont Circle, Southwest DC, Capitol Hill, Eastern Market, Brookland, Georgetown, Penn Quarter, Glover Park, Cathedral Heights, LeDroit Park, H Street Corridor, U Street, 14th Street corridor, Mt. Vernon Triangle, Kalorama, Arlington VA, Alexandria VA, Vienna VA, Fairfax VA, McLean VA and Great Falls VA.

 
Posted by Susan Isaacs on 08/10/2012 09:37 PM   Comments (0)   Dupont Adams Morgan July 2012 Market Snapshot in the Regional Channel   dupont adams morgan july 2012 market snapshot  
Originally posted at: coolDCre: Dupont Adams Morgan July 2012 Market Snapshot
Short URL: http://actvra.in/Gct
This post has been included in District of Columbia Real Estate News

0 Comments on Dupont Adams Morgan July 2012 Market Snapshot

Login or register to leave a comment
 
Logo%20rec%20b&w Rainmaker_large

Susan Isaacs

The Isaacs Team

Washington, DC

More about me…

Coldwell Banker Residential Brokerage

Address: 1606 17th St NW , Dupont, Washington, DC, 20009

Office Phone: (202) 669-5343

Cell Phone: (202) 669-5343

Email Me

DC Metro real estate news & new condos in DC


Listings

Links

Archives

RSS 2.0 Feed for this blog