Market Snapshot of DC Metro Area for Sept 2010

By
Real Estate Agent with TriStar Realty 625668

The Washington DC Area local Real Estate inventory report based on data from MLS for Homes Sales in District of Columbia, Maryland and Viriginia. As you can see from the table below mortgage rates are incredibly low rates, & depending on your mind set (is the glass half full or half empty) this is  great time to Buy and Sell real estate. I hope you enjoy.

 

 

Housing Inventory Snapshot

September 30, 2010

 

Average List Price

Median List Price

Average Days On Market

District of Columbia (DC), DC

Single Family under $1M

$388,136

$324,900

130

Single Family over $1M

$2,526,627

$1,950,000

129

Condo/Townhome under $600K

$296,063

$278,400

103

Condo/Townhome over $600K

$1,256,233

$910,000

106

Anne Arundel County, MD

Single Family under $500K

$322,353

$319,900

142

Single Family over $500K

$1,036,912

$775,000

198

Condo/Townhome under $300K

$189,800

$209,500

137

Condo/Townhome over $300K

$480,242

$375,000

155

Howard County, MD

Single Family under $500K

$368,562

$375,000

132

Single Family over $500K

$826,275

$697,000

163

Condo/Townhome under $300K

$216,223

$225,000

102

Condo/Townhome over $300K

$394,375

$355,000

79

Montgomery County, MD

Single Family under $1M

$514,522

$475,000

97

Single Family over $1M

$2,053,524

$1,600,000

133

Condo/Townhome under $600K

$247,650

$235,000

100

Condo/Townhome over $600K

$981,400

$770,000

91

Prince Georges County, MD

Single Family under $500K

$242,063

$229,500

137

Single Family over $500K

$850,376

$630,000

234

Condo/Townhome under $300K

$150,524

$149,900

131

Condo/Townhome over $300K

$393,435

$359,000

111

Arlington County, VA

Single Family under $1M

$686,592

$684,900

73

Single Family over $1M

$1,542,816

$1,399,000

92

Condo/Townhome under $600K

$346,955

$345,000

80

Condo/Townhome over $600K

$1,033,475

$815,000

103

Fairfax County, VA

Single Family under $1M

$603,892

$574,900

89

Single Family over $1M

$1,908,694

$1,499,000

163

Condo/Townhome under $600K

$305,770

$300,000

75

Condo/Townhome over $600K

$829,229

$709,000

87

Alexandria City, VA

Single Family under $1M

$643,380

$650,000

69

Single Family over $1M

$1,546,561

$1,295,000

119

Condo/Townhome under $600K

$317,634

$299,900

81

Condo/Townhome over $600K

$988,157

$819,900

97

 

MORTGAGE. National Averages (September 30, 2010)*

30-year fixed

Rate - 4.47%

APR - n/a%

15-year fixed

Rate - 3.84%

APR - n/a%

5/1 ARM

Rate - 3.39%

APR - n/a%


* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.
** There are not enough listings in this category to compile comparative analysis.
*** MLS doesn't provide access to this data.

Posted by

Akil Walker of Exit Advance Realty

8500 Westphalia Rd 

Upper Marlboro, MD 20774

Visit www.akilsellshomes.com

www.mdhomesavers.com

 

 


 

 

 

 

 

 

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