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What is your Petworth Townhouse Worth? - December 2018

Real Estate Agent with Hollish Hill Group, JPAR Stellar Living

Petworth Townhouse Market Report for November 2018

Have a townhome in the Petworth neighborhood in Washington DC and curious about what it might be worth? Are you trying to decide if now is the time to sell? Take a look at what's happening in your market this month. 

Petworth Rowhome Stats Nov 2018Summary

In Petworth, Washington, DC, the median sold price for Attached/Townhouse properties for November was $668,400, representing a decrease of 4.8% compared to last month and an increase of 21.2% from Nov 2017. The average days on market for units sold in November was 76 days, 16% above the 5-year November average of 66 days. There was a 31.8% month over month decrease in new contract activity with 15 New Pendings; a 14.3% MoM decrease in All Pendings (new contracts + contracts carried over from October) to 24; and a 19.5% increase in supply to 49 active units.

This activity resulted in a Contract Ratio of 0.49 pendings per active listing, down from 0.68 in October and a decrease from 0.68 in November 2017. The Contract Ratio is 50% lower than the 5-year November average of 0.99. 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.

Petworth Townhouse

Love numbers? Want to see the numbers for last month? To be alerted when the numbers come out for next month, Email me the reports you'd like to receive. 

Curious what your home might be worth?  Get a free home value analysis from Dana at the Hollish Hill Group.

Thinking about selling your Petworth Townhome? 

The Hollish Hill Group has a marketing plan that just brought your neighbor 7 offers in 5 days. Learn how we could put our marketing plan to work for you. 

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

Posted by


Dana Hollish Hill
REALTOR * Broker * Coach 
JPAR Stellar Living
800 S Frederick Ave, Suite 200, Gaithersburg, MD 20877
office 301.944.9070  
cell  202.271.5301
web danahill.jpar.com