Home buyers: If you are currently renting,do you feel that maybe now would be a good time to buy a house? Is it now time to get a loan approval?
Home owners: Have you been thinking about putting your house on the market but not sure whether it will sell or not? Want to know whether homes are selling in your area?
Hopefully this market report statistics for "houses for sale in Washington DC" that sold in the Washington DC Zip code 20020 in July 2008 can help you answer any questions you might have about the current real estate market in your neighborhood and help you make a better sound decision when it comes to buying or selling your next home.
ZIP Code: 20020 Washington, DC
From: 07/01/2008 to 07/31/2008 Statistics generated on: 08/07/2008
| |
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
|
0
|
0
|
0
|
1
|
0
|
3
|
4
|
0
|
1 -30 Days
|
0
|
|
$100,000 - 149,999
|
0
|
0
|
0
|
0
|
0
|
6
|
19
|
0
|
31-60 Days
|
2
|
|
$150,000 - 199,999
|
0
|
0
|
1
|
1
|
0
|
19
|
51
|
0
|
61 - 90 Days
|
1
|
|
$200,000 - 249,999
|
1
|
1
|
1
|
1
|
0
|
15
|
33
|
0
|
91-120 Days
|
0
|
|
$250,000 - 299,999
|
0
|
1
|
0
|
0
|
0
|
34
|
3
|
0
|
Over 120 Days
|
7
|
|
$300,000 - 349,999
|
0
|
0
|
0
|
0
|
0
|
23
|
2
|
1
|
Total
|
10
|
|
$350,000 - 399,999
|
0
|
0
|
0
|
0
|
0
|
13
|
1
|
0
|
|
|
$400,000 - 449,999
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
Type of Financing
of Units Sold
(No. of Units)
|
|
$450,000 - 499,999
|
0
|
1
|
0
|
0
|
0
|
6
|
1
|
0
|
|
$500,000 - 599,999
|
0
|
0
|
0
|
0
|
0
|
8
|
0
|
0
|
Conventional
|
2
|
|
$600,000 - 699,999
|
0
|
0
|
1
|
0
|
0
|
4
|
0
|
0
|
FHA
|
5
|
|
$700,000 - 799,999
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
VA
|
1
|
|
$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
|
1
|
|
$1,000,000 - 2,499,999
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
Owner Finance
|
0
|
|
$2,500,000 - 4,999,999
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
All Other
|
0
|
|
$5,000,000 & Over
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
Unreported
|
0
|
|
Totals
|
1
|
3
|
3
|
3
|
0
|
135
|
114
|
1
|
Total
|
10
|
|
Grand Totals
|
10 |
250 |
2008 2007 % Change
| Total Sold Dollar Volume: |
$ 2,567,058 |
$ 5,744,698 |
- 55.31 % |
| Average Sold Price: |
$ 256,706 |
$ 229,788 |
11.71 % |
| Median Sold Price: |
$ 211,879 |
$ 215,000 |
- 1.45 % |
| Total Units Sold: |
10 |
25 |
- 60.00 % |
| Average Days on Market: |
146 |
74 |
97.30 % |
| Average List Price for Solds: |
$ 292,160 |
$ 240,464 |
21.50 % |
Avg Sale Price as a
percentage of Avg List Price: |
87.86 % |
95.56 % |
|
| Total NEW listings: |
58 |
| Total Properties Marked Contract: |
17 |
| Total Properties Marked Contingent Contract: |
9 |
| Total NEW pendings (Contracts + Contingents): |
26 |
|
Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
To receive your "Free list of houses for sale in Washington DC",please give me a call at your earliest convenience. I can be reached at 202-378-0283 (Direct) or (301) 560-6700 x1154 (Office). I can also be reached online at www.buyandsellnewhomes.com and www.freelistofhomesforsale.com. 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. Lanre Folayan- Real Estate Professional with Exit Premier Realty. "Buy a home in Washington DC"
;)
;)
;)
Days on Market and Units Sold... Very telling! Nice report, Lanre.