I thought you folks out there might enjoy a little post-housing crisis market report.  Here is a break down on post-crisis sales in Northwest D.C. for the month of May thus-far:

49 single family homes have closed since May 1, 2008 in NW D.C.

The average list price was $1,053,714 and the median list price was $869,500

The average sales price was $1,012,558 and the median sales price was $853,500

The average list price to sales price ratio is 96% and median was 98%

Average seller subsidy was $1,359

The average days on market was 37

HAPPY HOUSE-HUNTING!!

 

Georgetown

 

2 Comments on Now That the Housing Crisis is Over...

JUN
03
2008

Great to hear!  Thanks for the update!

M. Scott
7:16am • #2

You're welcome!

Shari
7:35am • #3

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Shari Walker (LICENSED IN DC, MD, & VA)

Washington, DC

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Long & Foster Realtors

Office Phone: (202) 944-9400

Cell Phone: (202) 731-1594

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