Buenos Dias amigos! Yeah! I bet you all never knew I speak Spanish even though that's all I know how to speak. Which reminds me that I need to either enroll in a Spanish class,join a Spanish club or get that Rosetta Stone CD that Michael Phelps endorses that teaches you how to speak Spanish. All right enough of that.
Here is the Congress Heights Washington DC Real Estate Market Report Statistics Zip code 20032. I must admit with what we are experiencing in this housing market ( even though Real Estate is local,) it has been very tough. And I am sure some real estate professionals feel the same way too when they review and write their real estate market report statistics in their area. As less houses are selling in a area,more inventory continues to pile up on a real estate market that is already over flooded with houses for sale.
In Congress Heights Washington DC Zip code 20032,total sold dollar volume which was around the same amount last year at $2,247,925 which is only a -0.32% drop. But houses continue to take longer to sell. Average days of a house sold on the market in Congress Heights Washington DC was 143 days compared to even 87 days in August 2008 and 78 days this time last year a 83.33% increase-TOO HIGH.
Average sold price of a house in Congress Heights Washington DC was $204,357 compared to $241,665 in August 2008 and $187,933 this same time last year a 10.48% drop. 12 houses sold in Congress Heights Washington DC which was about only one house more in August 2008 but one house less this same time last year a 8.33% drop. There are currently 129 houses and condos for sale in Congress Heights Washington DC. And out of the 11 houses that sold in Congress Heights Washington DC,6 of them were on the market for over 120 days. And 8 out of the 11 houses that were sold in Congress Heights Washington DC Zip code 20032 used FHA Loans.
There are many different reasons why houses are taking longer to sell: House is overpriced,no one is buying or selling in that area,economy,your house is not appealing to home buyers and your house is not staged by a professional home stager just to name a few things. As long as homeowners price their house right against local competition,you really shouldn't have a hard time finding a buyer for your house. Buyers are out there who still wants to buy a house. But the question you need to ask yourself,"How come nobody wants to buy my house?" Your real estate professional should be able to help you answer that question. And if you don't have one,I highly recommend that you hire one because if you don't you are only pricing yourself out of the market.
To request your own free complete Congress Heights Washington DC Real Estate Market Report Statistics or any market reports in your area of choice and receive your free list of "houses for sale in Washington DC",please visit my website Houses for sale in Washington,DC. I can be reached at (202) 378-0283 (Direct) and (301) 560-6700 x1154 (Office). I can also be reached online at Lanre Folayan "Buy Washington DC Real Estate" (EXIT PREMIER REALTY ... 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 or sale a stress free and very happy one. Have a great day. Lanre Folayan-Real Estate Professional with Exit Premier Realty. "Buy a home in Washington DC"