Anacostia Washington DC Zip code 20020 Real Estate Market Report for November 2008 decreased in all categories. Less homes sold this month compared to this same time last year,average house price sold is less than what it was last year and it is taking much longer to sell a house these days in Anacostia Washington DC Zip code 20020.
Total sold dollar volume of a house for sale in Anacostia Washington DC was $1,670,250 compared to $4,694,544 this same time last year a 64.42% drop. Average sold price of a house for sale in Anacostia Washington DC was $185,583 compared to $204,111 this same time last year a 9.08% drop. Median sold price of a house for sale in Anacostia Washington DC was $144,000 compared to $194,000 this same time last year a 25.77% drop. Total houses for sale in Anacostia Washington DC that sold in November 2008 were 9 houses compared to 23 houses this same time last year a 60.87% drop. Average days on the market of a house for sale in Anacostia Washington DC that sold was 116 days compared to 60 days this same time last year a 93.33% drop.
Types of financing used were Conventional -2,FHA-5,Assumption-1 and Cash-1.
Out of the nine houses for sale in Anacostia Washington DC that sold,three of them were condo/coops that sold in the price range of $100,000-$149,999.
Many factors such as home buyers still looking for home prices to drop before they buy,home owners over pricing their house and bad economy more than likely have played vital roles in the low house sales in Anacostia Washington DC. In spite of this housing slump,home buyers want a good deal and they won't buy a house that is not priced and staged right.
Also please review these figures to help you with your home buying or selling decision.
November 2008 Deanwood Washington DC Zip code 20019 Real Estate Market Report
November 2008 Washington DC Real Estate Market Report
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