Southwest DC Real Estate Market Report

By
Real Estate Agent with RLAH 11 Dupont Circle, Washington DC Licensed in DC & VA
https://activerain.com/droplet/MP8

Southwest DC Real Estate Development Update 

Southwest DC Real Estate Market Report

CLOSED SALES

Closed sales are the big news in November 2012's real estate market report for Southwest DC. In the 20024 zip code of Southwest Waterfront, closed sales spiked a whopping 200% over November of 2011 and 71.43% month-over-month.

StatisticValuesYoYMoM

Closed Sales                                                   24                     +200%          +71.43%

Southwest DC Real Estate Market Report

Southwest DC Real Estate Market Report

TOTAL SOLD VOLUME

Volume also rose in Novemver 2012, 240.21% over November 2011 and 36.28% over October 2011.

MEDIAN SOLD PRICE

The Median Sold Price for homes in Southwest DC during November 2012 was $251,500, up 22.64$ from the same time in 2011 and down 23.9% from the previous year.

AVERAGE DAYS ON MARKET

The Average DOM for Southwest DC real estate lessened by 54.61% in November 2012 from 2011 and rose 64.1% from October 2012.

AVERAGE SOLD TO ORIGINAL LIST PRICE RATIO

Sold to list price ratio crept up 2.44% year-over-year and slipped 2.72% from October 2012.


Thanks for reading Southwest DC Real Estate Market Report. Here are some additional market reports for Novemvber 2012:

Dupont DC New Real Estate Market Report Year End 2012

Year End Washington DC RE Market Report 2012 

NEW Washington DC METRO RE Market Report 

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