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August Upper Bracket Sales Statistics

By
Real Estate Agent with Keller Williams

Sales statistics for homes $1,000,000 and above in Washington, DC, for August 2008:

 

45 homes settled in the District for $1,000,000 or above in August.  Of those 45 homes, the average sales price was $1,849,073 for an average home size of 4 bedrooms.  The average property was on the market for 59 days.

 

The largest sale in the District for August was this beauty in Massachusetts Avenue Heights:

 

It closed at $6,000,000 for a 6 bedrooms and 6 1/2 bathrooms.  It was listed for $6,995,000 and sold in 305 days.