Washington DC Real Estate Market Report for July 2009. Good news to report for potential DC home buyers and sellers-Home sales are up. Total sold dollar volume of Washington DC homes in July 2009 was $313,292,875 compared to $293,540,305 in July 2008.
Total amount of Washington DC Houses for sale that actually sold in July 2009 were 648 houses compared to 506 houses in July 2008. That is a 28.06% DC home sales increase. With low interest rates,lower home prices and with less than 100 days left to get the $8000 first time home buyer tax credit for DC and MD Home buyers, this is a great time to buy a house for sale in DC.
|
Residential |
Active Listings |
Time on Market |
||||||
|
Price Class |
2 |
|
4 |
Condo |
Residential |
Condo |
of Units Sold |
|
|
Under $30,000 |
1 |
0 |
0 |
0 |
4 |
8 |
1 -30 Days |
268 |
|
$30,000-$39,000 |
0 |
0 |
0 |
0 |
1 |
5 |
31-60 Days |
108 |
|
$40,000-$49,999 |
0 |
1 |
1 |
3 |
4 |
6 |
61 - 90 Days |
83 |
|
$50,000-$59,999 |
1 |
2 |
0 |
0 |
11 |
5 |
91-120 Days |
36 |
|
$60,000-$69,999 |
4 |
1 |
0 |
0 |
9 |
5 |
Over 120 Days |
153 |
|
$70,000-$79,999 |
0 |
4 |
2 |
2 |
13 |
10 |
Total |
648 |
|
$80,000-$89,999 |
0 |
1 |
0 |
1 |
8 |
9 |
||
|
$90,000-$99,999 |
2 |
4 |
0 |
1 |
26 |
6 |
Type of Financing |
|
|
$100,000-$119,999 |
1 |
1 |
1 |
2 |
34 |
29 |
||
|
$120,000-$139,999 |
2 |
6 |
2 |
1 |
34 |
50 |
Conventional |
323 |
|
$140,000-$159,999 |
1 |
3 |
0 |
5 |
56 |
62 |
FHA |
159 |
|
$160,000-$179,999 |
0 |
2 |
0 |
8 |
60 |
69 |
VA |
13 |
|
$180,000-$199,999 |
1 |
6 |
3 |
10 |
78 |
76 |
Assumption |
40 |
|
$200,000-$249,999 |
6 |
10 |
4 |
41 |
162 |
170 |
Cash |
99 |
|
$250,000-$299,999 |
3 |
15 |
6 |
37 |
180 |
170 |
Owner Finance |
1 |
|
$300,000-$399,999 |
5 |
25 |
19 |
92 |
265 |
276 |
All Other |
13 |
|
$400,000-$499,999 |
9 |
20 |
6 |
53 |
149 |
241 |
Unreported |
0 |
|
Over $500,000 |
16 |
65 |
77 |
53 |
648 |
429 |
Total |
648 |
|
Totals |
52 |
166 |
121 |
309 |
1742 |
1626 |
||
|
Grand Totals |
648 | 3368 |
|
|
Looking for a Real Estate Professional 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 DC Real Estate. I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com -We will get it Sold. Your home that is. Twitter 
http://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 DC home" Zip codes 20019,20020,20011,20032,20774,20721
Lanre Folayan-"The Real Estate Farmer"with Exit Advance Realty- Serving P.G County Maryland,Baltimore County,Montgomery County,Charles County MD,St.Mary's County MD and DC Home buyers and sellers.
Lanre Folayan-"The Real Estate Farmer"
Exit Advance Realty
Real Estate Agent - Residential
8500 Westphalia Rd
Upper Marlboro,MD 20774
(202) 378-0283 (Direct)
(301) 518-3948 (Office)
PG County MD,Charles County MD,St.Mary's County MD,Baltimore County MD and DC Pre-Foreclosured Properties,Bank Owned Properties and Estate Sales.
