What is your AU Park home worth in June 2018?

By
Real Estate Agent with Hollish Hill Group, Keller William Capital Properties

AU Park's Single Family Detached Market Report for June 2018

If you have a single family detached home in the American University Park neighborhood in Washington DC and you're curious about what it might be worth, or you're trying to decide when and if you should put your home on the market, take a look at this market report for your neighborhood. 

Au Park Detached Home Market Report for June 2018In American University Park, Washington, DC, the median sold price for Detached properties for June was $1,104,000, representing a decrease of 16.7% compared to last month and an increase of 17.3% from Jun 2017. The average days on market for units sold in June was 7 days, 56% below the 5-year June average of 16 days. There was a 38.5% month over month decrease in new contract activity with 8 New Pendings; a 23.1% MoM decrease in All Pendings (new contracts + contracts carried over from May) to 10; and no change in supply with 4 active units.

This activity resulted in a Contract Ratio of 2.50 pendings per active listing, down from 3.25 in May and an increase from 2.29 in June 2017. The Contract Ratio is 50% lower than the 5-year June average of 5.02. A higher Contract Ratio signifies a relative increase in contract activity compared to supply, and indicates the market is moving in the seller's favor. A lower Contract Ratio signifies a relative decrease in contract activity compared to supply, and indicates the market is moving in the buyer's favor.

AU Park Detached Home

Thinking about selling your home in AU Park? 

The Hollish Hill Group has a marketing plan that works. Let us show you how we could put our marketing plan to work for you and sell your AU Park home.  

It's Your Move. Give Us a Call to Get Started.

Posted by

__________________________________________________________________________________________

          Dana Hollish HillDana Hollish Hill

          Principal, Hollish Hill Group, LLC

          Lead Associate Broker, KW Capital Properties - UNW DC

          4646 40th Street NW, First Floor, Washington DC 20016

          202.847.4466  cell  202.271.5301  web hollish.com

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Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Dana.  Thanks for the information and update about the American University Park neighborhood real estate market in Washington DC.

Jul 28, 2018 05:29 AM #1
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Dana Hollish Hill

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