Good morning! I'm Lanre Folayan reporting the Congress Heights Washington DC Market Report Statistics (Zipcode 20032) for August 2008. While home sales are down from a year ago in Congress Heights Washington DC,house value is up.
Average sold house price in Congress Heights Washington DC was $241,665 compared to $213,411 this time last year a 13.24% gain. Also average sold house price for a house in Congress Heights Washington DC last month was $288,292 which was even better.
Total units of house sold this month in Congress Heights Washington DC were 10 houses compared to 19 this time last year a 44.44% drop.
Average days of a house on the market that sold in Congress Heights Washington DC was 87 days compared to 77 days last year a 12.99% increase.
TYPES OF FINANCING USED:
Conventional loans - 1
FHA loans - 4
Assumption - 3
Cash - 1
All other type of financing - 1
So the good news for Congress Heights Washington DC homeowner who brought a house last year,the value of your house went up. Also FHA is becoming more of a popular financing product for home buyers in areas also such as Deanwood Washington DC and Anacostia Washington DC.
To receive your free full Congress Heights Washington DC Real Estate Market Reports or other Real Estate Market Reports,please register on my website Houses for sale in Washington,DC. I can be reached at (202) 378-0283 (Direct) and (301) 560-6700 x1154 (Office). I can also be reached online at Lanre Folayan "Buy Washington DC Real Estate" (EXIT PREMIER REALTY ... and Washington DC,Maryland and Virginia Houses for Sale. Looking forward to working with you and helping you make your home purchase or sale a stress free and very good one. Have a great day. Lanre Folayan-Real Estate Professional with Exit Premier Realty. "Buy a home in Washington DC"