The Evers & Co. March 2012 Real Estate Report In the close-in Metro area, the spring real estate market started in March. While there was almost no change in either the dollar volume of sales or the average price from March of last year, there was a dramatic change in both numbers in just one month, between February and March of this year. The area averaged an impressive 43.6% increase in dollar … (0 comments)
washington dc real estate market: Quite A Surprise: Rock Creek Forest Market Update
- 11/05/10 09:12 AM
The 4th Quarter of each year is traditionally the "slowest" in any real estate market, at least in the DC area. It's time to look back and evaluate some trends. Today, we are taking a closer look at the Washington, DC suburb of Rock Creek Forest, the most eastern neighborhood of Chevy Chase, Maryland. To say it outright, the numbers I came up with really surprised me. And not in a bad way! As usual, all numbers for this year--statistics for the first 3 quarters--will be compared to those for the same period in 2009. A total 24 homes sold in … (3 comments)
washington dc real estate market: The Not-So-Similar Twin: How Shepherd Park Differs
- 10/18/10 09:13 AM
Earlier this month, we examined the 3rd Quarter market statistics for the upper DC neighborhood of Colonial Village. Today, we will take a look at Shepherd Park. The two neighborhoods, divided only by 16th St, are often seen as a unit, as they share many characteristics as well as a very active citizen's association. Since their real estate profile and 20th century history are somewhat different, however, it makes sense to separate them for the purpose of market analysis. To begin with, the homes and lots are--on average--a little smaller on the Shepherd Park side. Although the neighborhood has calm, … (0 comments)
washington dc real estate market: Rock Creek Forest Real Estate Market Statistics For August 2010
- 09/20/10 09:11 AM
A total of four houses closed in the Rock Creek Forest Neighborhood in the month of August. While August traditionally is one of the slower months in the DC area real estate, this number is a bit of an improvement over August 2009, when only three homes closed. Even more favorable is a comparison of the sales prices which improved by 9.5% over last year. Here are the August 2010 Closings in Detail: 4 homes closed at prices ranging from $505,000 to $639,000, for an average of $583,000. All of them were brick ramblers built in the early 1950s with 3 … (4 comments)
DC area real estate is still going strong (or even stronger, depending on exactly where you are), as in reflected in our wrap-up of the March 2012 trends:
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