August 2009 Statistics
Sales in the 20007 zipcode were strong for Georgetown houses under $1.4 million. Sales for upper bracket properties remain sluggish.
Median price for August sales and contracts were in the $1.25 Million to $1.375 Million median range, while median price on available inventory is at $1.895 Million. It took about 3 months to sell the average Georgetown house.
Burleith houses continue to be prized by buyers, with two houses in contract, averaging $784,000, and 2 houses selling at an average of $789,900. It took about 6 weeks to sell the average Burleith house.
There are three houses in Burleith inventory with an median asking price of $849,000.
Statistics vary from location to location. Please contact me for more information.
Felicia Stidham
202-253-0707
felicia@feliciastidham.com
www.feliciastidham.com
* Statistics from www.mris.com
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