20020 Anacostia/Hillcrest DC Real Estate Market Report Statistics.
Its almost the end of the month of July. Washington DC is one and still one of the hottest real estate markets right now. Many houses are selling over list price. Homeowners should definitely take advantage of this DC Real Estate Market. Perfect time to bring a home in Washington DC. And 20020 Anacostia Hillcrest DC is definitely one of the DC Real Estate Markets that is performing well.
Average home sold price of a Anacostia/Hillcrest DC House in July 2013 was $217,312 that is up 22.34% from this time last year when average home sold price was $177,635. 17 houses were sold last month. Last year 27 houses were sold that is a 37.04% drop. Average days on the market of a DC Anacostia/Hillcrest sold house was 61 days compared to this time last year when it was 68 days. Avg List price of a sold Anacostia DC House was $223,382 compared to this time last year when it was $183,648. That is a 21.64% increase. Average sold price to original list price ratio was 94.7% compared to last year when it was 88.9%. That is a 6.56% increase. When home owners and their real estate agents come to a mutual agreement on what they should price their home at,it usually sells in a reasonable time if the house is priced according to their current.
Lack of inventory currently on the market and great demand from home buyers have made this DC Real Estate Market a very competitive one. Houses in most DC areas are not staying long on the market at all. With interest rates slowly itching up,home buyers who have been sitting on the fence undecided on what approach their are going to take towards pursuing home ownership should remember that buying a home now can save them hundreds if not thousands of dollars three or more months later on depending on how the interest rates is performing. "Buy a home in Washington DC" now that the DC Real Estate Market is performing very well.
If you are looking for a "DC Real Estate Agent",I will be more than happy to help navigate you through the entire home buying process. Our team of real estate professionals will do our best to make your home buying process a stress free and very happy one. Click on this link to start your Anacostia DC Home buying search.
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