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Current Number of Homes Active and Under Contract in the Washington DC area:

Here is the breakdown as of April 28th, 2008

The inventories are most notable increased in Prince George County; where a record number of homes are currently For Sale.  Single Family Homes in the District are also at multi-year highs.

With about 8 weeks to go until we hit the typical yearly "peak"; there are a great many choices available for Home Buyers in the DC area.

 

example: Single Family Homes in DC; 29 more on market from last week, but 18 "expired" - in reality 47 new listings came on the market.

 

Washington DC

Single Family:     Actives: 1985 (Up 29 from last week)           Expired: 18         Under Contract: 500

Condos:             Actives: 1570 (Same as last week)              Expired: 7           Under Contract: 440

Arlington County

Single Family:     Actives: 543 (Up 9 from last week)              Expired: 1           Under Contract: 153

Condos:             Actives: 549 (Down 6 from last week)           Expired: 2          Under Contract: 173

 

Prince Georges County

Single Family:     Actives: 7004 (Up 18 from last week)           Expired: 64        Under Contract: 755

Condos:             Actives:  881  (Up 8 from last week)            Expired: 12        Under Contract: 113

 

Montgomery County

Single Family:     Actives: 5170 (Up 106 from last week)         Expired: 27        Under Contract: 1204

Condos:             Actives: 1475 (Up 18 from last week)           Expired: 15        Under Contract: 350

 

It is important to see the number of homes taken "Off" the market.  While many of these homes will return to the marketplace a week or two; seeing a listing "expire" means that the seller and agent thought or expected the home to be sold by now.

    

Call James for all your Real Estate needs and questions; servicing Virginia, Maryland and the Greater Washington DC area.

Coldwell Banker Residential Brokerage - Chevy Chase
5028 Wisconsin Ave NW  Suite 100
Washington DC 20016
202-351-5800 Main Office
Licensed in DC,MD,VA

 

 

 

 
 
This post has been included in District of Columbia Information
Post is included in group: Montgomery County Maryland Real Estate Professionals
Post is included in group: Washington, DC Mortgage and Real Estate Issues
Post is included in group: PG County Real Estate Pros
Post is included in group: City & State: Listings and Market Reports

1 Comments on Washington, DC : Market Update 4/28/2008

James - are there more selling than a couple of months ago or is it about the same???

04/29/2008 08:24 AM by Bill & Barbara Jo - Florida Realty Professional - AHWD (Charles Rutenberg Realty)


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Real Estate Agent: James Downing - REALTOR® - Washington DC Real Estate (Coldwell Banker Residential Brokerage)
James Downing - REALTOR® - Washington DC Real Estate
Washington, DC
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Coldwell Banker Residential Brokerage

Office Phone: (202) 362-5800
Cell Phone: (703) 244-3971
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