20019 Benning Hts Deanwood DC Real Estate Market Report-October 2014

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Real Estate Agent with Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC SP98364271

308 Raleigh St NE Washington DC 20019 Deanwood DC House for sale. 20019 Benning Heights/Deanwood DC Real Estate Market Report-October 2014 

 

Current temperature in Deanwood Washington DC is 36°. Fall is finally here. But don't fall into the trap of thinking it's time to go back into hibernation and pause the home buying which what most people do this time out of the year as many are starting to prepare for the Holidays. 20019 Benning Heights/Deanwood DC Real Estate Market Report clearly indicates that it is one of the subdivisions in DC that is performing very well. It is one of the few subdivisions/neighborhoods in DC where you can still buy a house for less than $75,000.

 

Here is the 20019 Benning Heights/Deanwood DC Real Estate Market Report for October 2014

 

 

 

  • Total Sold Dollar Volume of 20019 Benning Heights/Deanwood DC houses was $7,673,000. That is up 23.26% compared to this time last year when it was $6,225,799.

 

  • Median sold price of a 20019 Benning Heights/Deanwood DC House was $229,500. That is up 13.33% from last year when the median sold price of a 20019 Benning Heights/Deanwood DC House was $202,500.

 

  • 34 Benning Heights/Deanwood DC 20019 houses sold in October 2014. That is up 6.25% from this time last year when 32 houses sold in Benning Heights/Deanwood DC 20019.

 

  • Average days on the market of a 20019 Benning Heights/Deanwood DC House sold was 38 days. That is up 34.22% from this time last year when the average days on the market was 58 days.

 

  • 14 of the home buyers who brought a house in 20019 Benning Heights/Deanwood DC in October  2014 used a FHA loan.

 

  • 9 of the home buyers who brought a house in 20019 Benning Heights/Deanwood DC in October 2014 used a Conventional loan.

 

  • 5 of the Benning Heights/Deanwood DC Home buyers who brought a house in October 2014 used cash.

 

  • 5 of them also used a different kind of financing.

 

  • And one of the Benning Heights/Deanwood DC Home buyers who brought a house in October 2014 used a VA loan.

 

  • 27 out of the 34 Benning Heights/Deanwood DC Houses that were sold in October 2014 sold in 60 days or less.

 

  • 22 out of the 34 Benning Heights/Deanwood DC Houses that were sold in October 2014 sold in 30 days or less.

 

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Rainmaker
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David Saks
(retired) - Memphis, TN

Fine post and great information. Have a terrific day and a fine week ahead.

Nov 16, 2014 07:28 PM #1
Rainmaker
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Michele Cadogan 917-861-9166
Fillmore Real Estate 2990 Av U, Bklyn , NY 11229 - Brooklyn, NY
Licensed Real Estate Associate Broker -

House hunting during the holidays is a great treat for prospective buyers- not only do they get to see the subject home but they can also get a sense of neighborhood and community activities held during the Fall/winter months the get residents out and keep them engage in community life.

Nov 17, 2014 12:43 AM #2
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Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

I know you said Fall is finally up there but with the temps you are currently having, I would call it Winter. Winter is coming.....no, up north it has already arrived.

Nov 17, 2014 09:42 AM #3
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2,081,669
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

And by up north, I mean any state north of Florida...................

Nov 17, 2014 09:43 AM #4
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Rainmaker
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Lanre-"THE REAL ESTATE FARMER" Folayan

I don't make promises.I deliver results.SOLD HOMES
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