Things to do in Washington DC: District of Columbia: Washington: Benning Heights

Benning Hts/Deanwood DC zip code 20019 Real Estate Market Report

Benning Hts/Deanwood DC zip code 20019 Real Estate Market Report.

There are three things to look at when you review this Deanwood DC Real Estate Market Report Statistics.

 

1. Average home price sold of a Deanwood DC House.

2. Average days on the market of a Deanwood DC House.

3. Amount of Houses brought with Cash and Conventional Loans.

 

  • Average sold price of a Deanwood DC House was $223,255. That is up 19% from this time last year when the average sold price of a Deanwood DC House was $187,615.
  • Average days on the real estate market of a Deanwood DC House was 66 days. This time last year average days on the real estate market of a Deanwood DC House was 67 days.
  • 22 Houses for sale in Deanwood sold in May 2014. This time last year 26 Houses for sale were sold in Deanwood DC.
  • Out of the 22 Deanwood DC Houses that were sold,8 of them used a Conventional loan and 8 of them used Cash.
  • Average Sold Price to Original List Price ratio is 92.3%. That is compared to this time last year when the average sold price to original list price ratio was 98.5%.

 

Clearly you can see from the statistics that Deanwood DC is still a Seller's Real Estate Market.  There are currently 71 Deanwood DC Condos and Houses for sale compared to around this time last year when they were around 100 Deanwood DC Houses and Condos for sale. April-August is usually the busiest months in Real Estate. However in other real estate markets,this year it started in January.

 

 

With the lack of inventory currently on the market,this would be a great time for home owners not to test the real estate market but to take advantage of the real estate market considering there are a lot of pent up demand for anxious home buyers. Home buyers want to buy a house now to avoid paying more on the mortgage and taxes in case interest rates start to inch back up even though at 4.21% -average interest rate as of June 15,2014,interest rates are still historically low.

 

Click on this link to view Deanwood DC Houses and Condos for sale. And click on this link if you are in the real estate market to Sell your Deanwood DC zip code 20019 House.

 

 

 Deanwood DC Real Estate Market Report

 

 

 

Click here to Receive up to $15,000 from government programs that would assist you in down payment and closing cost fees when you buy your house                                                                          

Want to search houses for sale in Washington DC,Maryland and/or Virginia? Click here

 

Want to know how much houses are selling for in your area? Click here 

 

Click on this link to download my KW Mobile App to search homes for sale on your mobile phone,IPAD or tablet http://app.kw.com/KW2GQDDCJ

 

kw logo      https://www.linkedin.com/in/bornagain00

 

 

 

                       

  

 

Benning Hts/Deanwood DC zip code 20019 Real Estate Market Report
share
Benning Hts/Deanwood DC zip code 20019 Real Estate Market Report. There are three things to look at when you review this Deanwood DC Real Estate Market Report Statistics 1. Average home price sold of a Deanwood DC House. … more