Deanwood Washington DC Market Report Statistics Zip code 20019-July 2008

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

This is the first Deanwood Washington DC Market Report Statistics (Zipcode 20019)for the third quarter of this year. Average price of a house for sale in Washington DC that sold was $244,444. Only nine houses for sale in Washington DC sold in July 2008 compared to 33 houses for sale in Washington DC that sold in the same time last year. Out of the nine "houses for sale in Washington DC" that were sold.

  • Two of them were three bedroom houses priced $250,000-$299,999.
  • One was a three bedroom house that sold in the price range $100-$149,999.
  • Two of them were a two bedroom or less that sold in the price $200,000-$249,999.
  • One was a two bedroom or less house that sold in the price range $150,000-$199,999.
  • One was a three bedroom house that sold in the price range $300,000-$349,999.
  • One was a four bedroom house that sold in the price range $300,000-$349,999.
  • And one was a condo/coop that was sold in the price range of $250,000-$299,999.

FHA Loans seems to be a popular loan product for home buyers that brought a house for sale in Deanwood Washington DC. Out of the nine houses that were sold,six of them were FHA Loans FHA Loans & Energy Efficient Mortgages -- A Huge Savings !!!!! and FHA mortgages - FHA loans & things that you need to know about them!!! both written by the FHA Expert Jeff Belonger.

Average day of a house on the market was 88 days compared to 68 days the same time last year. Even though sales were down 72.73% this month,this is still a great time for home buyers to buy a house now. Deanwood Washington DC Houses for Sale. Home buyers have a big inventory of houses to choose from right now. Also home buyers are in a better position to negotiate a price discount with the seller than you will be when the real estate market begins to strengthen.

ZIP Code: 20019 Washington, DC
From: 07/01/2008 to 07/31/2008               

 

Residential
Unit Sales
Number of Bedrooms

Active Listings

 

Time on Market

Price Class

2
Or Less  


3

4
  or More  

Condo
Coop

Ground
Rent

Residential
  

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

0

0

0

0

0

6

5

0

1 -30 Days

0

$100,000 - 149,999

0

1

0

0

0

18

14

0

31-60 Days

4

$150,000 - 199,999

1

0

0

0

0

48

29

0

61 - 90 Days

1

$200,000 - 249,999

2

0

0

0

0

55

12

0

91-120 Days

1

$250,000 - 299,999

0

2

0

1

0

55

1

0

Over 120 Days

3

$300,000 - 349,999

0

1

1

0

0

28

1

0

Total

9

$350,000 - 399,999

0

0

0

0

0

26

0

0

 

$400,000 - 449,999

0

0

0

0

0

6

0

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 - 499,999

0

0

0

0

0

6

0

0

$500,000 - 599,999

0

0

0

0

0

2

0

0

Conventional

0

$600,000 - 699,999

0

0

0

0

0

0

0

0

FHA

6

$700,000 - 799,999

0

0

0

0

0

0

0

0

VA

0

$800,000 - 899,999

0

0

0

0

0

0

0

0

Assumption

2

$900,000 - 999,999

0

0

0

0

0

0

0

0

Cash

1

$1,000,000 - 2,499,999

0

0

0

0

0

0

0

0

Owner Finance

0

$2,500,000 - 4,999,999

0

0

0

0

0

0

0

0

All Other

0

$5,000,000 & Over

0

0

0

0

0

0

0

0

Unreported

0

Totals

3

4

1

1

0

250

62

0

Total

9

Grand Totals

9 312
    2008    2007    % Change
Total Sold Dollar Volume: $ 2,200,000 $ 8,500,050 - 74.12 %
Average Sold Price: $ 244,444 $ 257,577 - 5.10 %
Median Sold Price: $ 265,000 $ 252,000 5.16 %
Total Units Sold: 9 33 - 72.73 %
Average Days on Market: 88 68 29.41 %
Average List Price for Solds: $ 267,189 $ 268,924 - 0.65 %
Avg Sale Price as a
percentage of Avg List Price:
91.49 % 95.78 %
Total NEW listings: 68
Total Properties Marked Contract: 12
Total Properties Marked Contingent Contract: 5
Total NEW pendings (Contracts + Contingents): 17

 

To receive your free list of "Houses for sale in Washington DC",please give me a call at your earliest convenience. I can be reached at (202) 378-0283 (Direct) or (301) 560-6700 ext.1154 (Office). I can also be reached online at Houses for sale in Washington,DC and Washington DC,Maryland and Virginia Houses for Sale. Thank you very much. Looking forward to working with you and helping you make your home purchase a stress free and very happy one. Have a great day. Lanre Folayan-Real Estate Professional with Exit Premier Realty. "Buy and sell a home in Washington DC"

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