This is the last Washington DC Anacostia Market Report -Zip code 20020 for 2008.
Good news? The same amount of houses that sold in Washington DC Anacostia this year was the same as last year. Also,total sold dollar volume of houses for sale that sold in Washington DC Anacostia was more than last year.
Here are the numbers for the Washington DC Anacostia Real Estate Market Report
- $5,235,000 was the total dollar sold volume of houses for sale that sold in Washington DC Anacostia compared to $5,178,795 this time last year a 1.09% increase.
- Average sale price of a house for sale in Washington DC Anacostia that sold was $237,955 compared to $235,400 this time last year a 1.09% drop.
- Total houses for sale in Washington DC Anacostia that sold were 22 houses which was the same amount of houses that were sold in this same time last year.
- Average days of a house for sale in Washington DC Anacostia that sold was 113 days compared to 84 days this same time last year a 34.52% drop.
Types of financing used
Conventional Loans = 7
FHA Loans = 13
All other = 1
Time on the market
1-30 Days = 2
31-60 Days =7
61-90 Days = 4
91-120 Days = 2
Over 120 Days =7
Even though there are no more downpayment assistances programs such as Nehemiah,Ameridream and Hart,more people are now using the FHA loan to buy houses in Washington DC. Products such as BB&T's Community Homeownership Incentive Program and The USDA (United States Department of Agriculture) are two 100% financing programs that home buyers can use.
By reading this blog hopefully home buyers and sellers in Washington DC Anacostia and other areas in Washington DC can use this to determine when will be a good time to buy or sell in this market.
Looking for a Washington DC Real Estate Professional that will help you buy or sell your next house or want a "Free Real Estate Market Report" in your area of choice?,then check out my website Houses for sale in Washington,DC. I can also be reached at Lanre Folayan "Buy Washington DC Real Estate" (EXIT PREMIER REALTY ... or Twitter 
http://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. 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. "Buy a home in Washington DC" Zip codes 20011,20019,20020 and 20032
Comments(2)