Things to do in Washington DC: April 2009

DC Petworth Real Estate Market Report (Zip code 20011)- March 2009

DC Petworth Real Estate Market Report (Zip code 20011)-March 2009. Average sold price of a DC Petworth house was $314,170 compared to $390,354 in March 2008-a 19.52% drop. But DC Petworth houses almost saw double housing activity compared to March 2008. 46 houses in DC Petworth sold this month compared to 25 in March 2008- a 84% increase. I am now singing the song "Ol happy days. Me:"Ol'happy days". Choir:'Ol happy days. Me:"Ol happy days. Choir:"Ol happy days.

Hopefully more activity will start to pick up all around the country. Lord knows we can use it. And people need to know more about the $8000 first time home buyer tax credit New homebuyers to get $8000 cash back - Feb. 16, 2009

Lola Audu also wrote a very good one too yesterday about how we should inform more people about the $8000 first time home buyer tax credit Are You SURE Your 'peeps' KNOW about the $8,000 TAX CREDIT? What Could a MILLION Real Estate Agents Do in 24 Hours...

At least I got somebody today who responded by saying that she wants to buy this year. Hopefully if I help her buy a house,I can get all of her ready,willing and able family members and friends who are home buyers to buy a house this year.

Here is the DC Petworth Real Estate Market Report (Zip code 20011) for March 2009

 

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

0

0

0

1 -30 Days

9

$100,000 - 149,999

0

1

0

1

0

2

10

0

31-60 Days

6

$150,000 - 199,999

0

3

0

0

0

8

16

0

61 - 90 Days

6

$200,000 - 249,999

0

8

0

1

0

32

35

0

91-120 Days

7

$250,000 - 299,999

0

8

1

0

0

51

11

0

Over 120 Days

18

$300,000 - 349,999

0

7

4

0

0

45

6

0

Total

46

$350,000 - 399,999

0

2

1

0

0

28

2

0

 

$400,000 - 449,999

0

3

0

0

0

14

1

0

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

$450,000 - 499,999

0

0

2

0

0

20

0

0

$500,000 - 599,999

0

1

2

0

0

13

0

0

Conventional

15

$600,000 - 699,999

0

0

1

0

0

9

0

0

FHA

22

$700,000 - 799,999

0

0

0

0

0

7

0

0

VA

2

$800,000 - 899,999

0

0

0

0

0

2

0

0

Assumption

0

$900,000 - 999,999

0

0

0

0

0

2

0

0

Cash

6

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

0

0

0

0

0

5

0

0

Owner Finance

0

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

0

0

0

0

0

0

0

0

All Other

1

$5,000,000 & Over

0

0

0

0

0

0

0

0

Unreported

0

Totals

0

33

11

2

0

238

81

0

Total

46

Grand Totals

46 319
    2009    2008    % Change
Total Sold Dollar Volume: $ 14,451,799 $ 9,758,850 48.09 %
Average Sold Price: $ 314,170 $ 390,354 - 19.52 %
Median Sold Price: $ 294,950 $ 316,000 - 6.66 %
Total Units Sold: 46 25 84.00 %
Average Days on Market: 135 118 14.41 %
Average List Price for Solds: $ 360,476 $ 418,632 - 13.89 %
Avg Sale Price as a
percentage of Avg List Price:
87.15 % 93.25 %
Total NEW listings: 99
Total Properties Marked Contract: 33
Total Properties Marked Contingent Contract: 19
Total NEW pendings (Contracts + Contingents): 52

Looking for a DC Real Estate Agent that will help you buy and/or sell your next house? Want a "Free Real Estate Market Report" in your area of choice? Register on my website at www.buyandsellnewhomes.com. I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com  or Twitter Twitter: DCHomesforsalehttp://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day.  "Buy home Washington DC Zip codes 20019,20020,20032,20011

 

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