DC Real Estate and Area Events: District of Columbia: Washington: Congress Heights

DC Congress Heights Real Estate Market Report Zip code 20032 for April 2009

Remember that candy bar commercial (I forgot which one candy bar it was) that said sometimes you feel like a nut and sometimes you don't. Sometimes I feel like writing DC Real Estate Market Reports and sometimes I don't (how many real estate agents do you know who loves doing Real Estate Market Reports when the Market is not great?). But like I've learned as a Real Estate Professional,we must always report the Real Estate news whether it is good or bad.

DC Congress Heights Real Estate Market Report zip code 20032 is not great but it is not bad either compared to the numbers last year. While home sales are up in DC Congress Heights Real Estate Market i20032 zip code area,it is taking much longer to sell them compared to last year. Average days on the market in DC Congress Heights was 86 days compared to 21 days this same time last April. However home sales were up a whooping 250%-Yeah you are reading it right-250%. But then again that's because only 7 houses in DC Congress Heights last month compared to just 2 houses this same time last year.

Highest priced DC Congress Heights house that was sold was a 3 bedroom house in the $200,000-$249,999 price range. And one thing that I was shocked to find out that out of the seven houses that were sold in DC Congress Heights,4 of them were cash buyers-MONEY!MONEY!MONEY!MONEY! $$$MONEY$$! I could use some cash buyers right now.

So here are the numbers for DC Congress Heights Real Estate Market Report zip code 20032 for April 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

3

0

0

0

0

7

15

0

1 -30 Days

2

$100,000 - 149,999

0

0

1

0

0

12

15

0

31-60 Days

1

$150,000 - 199,999

0

2

0

0

0

23

14

0

61 - 90 Days

0

$200,000 - 249,999

0

1

0

0

0

30

3

0

91-120 Days

3

$250,000 - 299,999

0

0

0

0

0

13

0

0

Over 120 Days

1

$300,000 - 349,999

0

0

0

0

0

0

0

0

Total

7

$350,000 - 399,999

0

0

0

0

0

3

0

0

 

$400,000 - 449,999

0

0

0

0

0

2

0

0

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

$450,000 - 499,999

0

0

0

0

0

0

0

0

$500,000 - 599,999

0

0

0

0

0

1

0

0

Conventional

0

$600,000 - 699,999

0

0

0

0

0

0

0

0

FHA

2

$700,000 - 799,999

0

0

0

0

0

0

0

0

VA

0

$800,000 - 899,999

0

0

0

0

0

0

0

0

Assumption

1

$900,000 - 999,999

0

0

0

0

0

0

0

0

Cash

4

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

0

0

0

0

0

0

0

0

Owner Finance

0

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

0

0

0

0

0

0

0

0

All Other

0

$5,000,000 & Over

0

0

0

0

0

0

0

0

Unreported

0

Totals

3

3

1

0

0

91

47

0

Total

7

Grand Totals

7 138
    2009    2008    % Change
Total Sold Dollar Volume: $ 906,600 $ 394,000 130.10 %
Average Sold Price: $ 129,514 $ 197,000 - 34.26 %
Median Sold Price: $ 109,900 $ 197,000 - 44.21 %
Total Units Sold: 7 2 250.00 %
Average Days on Market: 86 21 309.52 %
Average List Price for Solds: $ 155,514 $ 189,500 - 17.93 %
Avg Sale Price as a
percentage of Avg List Price:
83.28 % 103.96 %
Total NEW listings: 25
Total Properties Marked Contract: 9
Total Properties Marked Contingent Contract: 6
Total NEW pendings (Contracts + Contingents): 15

Looking for a 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 DC Real Estate. 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

AREA HOMES
Looking for just the right property? Click here for properties for sale in this area.
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"THE REAL ESTATE FARMER" -WASHINGTON DC HOMES AND PG COUNTY MARYLAND,CHARLES COUNTY MD AND ST.MARY'S COUNTY HOMES FOR SALE

DC Congress Heights Real Estate Market Report (Zip code 20032)-March 2009

Just like I said in one of my other blogs DC Deanwood Real Estate Market Report ( Zip code 20019)-March 2009 I said that "But as real estate professionals,we always have to report the truth to the public whether good or bad. Well you can say the same for the DC Congress Heights Real Estate Market Report (Zip code 20032).

Homes for sale in DC Congress Heights were 187 days compared to 66 days last year-a 183.33% increase. Average sold price of a house in DC Congress Heights was $120,213 compared to $206,485 this same time last year. 2 out of the 4 houses that sold in DC Congress Heights used a FHA loan. Three of the four houses that sold in DC Congress Heights were on the market 120 days or over.

Here is the rest of the DC Congress Heights (Zip code 20032) 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

1

1

0

0

0

7

8

0

1 -30 Days

1

$100,000 - 149,999

0

0

0

0

0

12

11

0

31-60 Days

0

$150,000 - 199,999

0

1

0

0

0

28

17

0

61 - 90 Days

0

$200,000 - 249,999

0

1

0

0

0

24

3

0

91-120 Days

0

$250,000 - 299,999

0

0

0

0

0

14

0

0

Over 120 Days

3

$300,000 - 349,999

0

0

0

0

0

1

0

0

Total

4

$350,000 - 399,999

0

0

0

0

0

3

0

0

 

$400,000 - 449,999

0

0

0

0

0

2

0

0

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

$450,000 - 499,999

0

0

0

0

0

0

0

0

$500,000 - 599,999

0

0

0

0

0

0

0

0

Conventional

0

$600,000 - 699,999

0

0

0

0

0

0

0

0

FHA

2

$700,000 - 799,999

0

0

0

0

0

0

0

0

VA

0

$800,000 - 899,999

0

0

0

0

0

0

0

0

Assumption

1

$900,000 - 999,999

0

0

0

0

0

0

0

0

Cash

1

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

0

0

0

0

0

0

0

0

Owner Finance

0

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

0

0

0

0

0

0

0

0

All Other

0

$5,000,000 & Over

0

0

0

0

0

0

0

0

Unreported

0

Totals

1

3

0

0

0

91

39

0

Total

4

Grand Totals

4 130
    2009    2008    % Change
Total Sold Dollar Volume: $ 480,850 $ 1,032,425 - 53.43 %
Average Sold Price: $ 120,213 $ 206,485 - 41.78 %
Median Sold Price: $ 119,900 $ 187,500 - 36.05 %
Total Units Sold: 4 5 - 20.00 %
Average Days on Market: 187 66 183.33 %
Average List Price for Solds: $ 151,700 $ 208,985 - 27.41 %
Avg Sale Price as a
percentage of Avg List Price:
79.24 % 98.80 %
Total NEW listings: 30
Total Properties Marked Contract: 7
Total Properties Marked Contingent Contract: 2
Total NEW pendings (Contracts + Contingents): 9

Looking for a 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

AREA HOMES
Looking for just the right property? Click here for properties for sale in this area.
more +
JUST LISTED!
Tell us what you are looking for and we will send you new listings as soon as they hit the market.
 
more +

 

"THE REAL ESTATE FARMER" -WASHINGTON DC HOMES AND PG COUNTY MARYLAND,CHARLES COUNTY MD AND ST.MARY'S COUNTY HOMES FOR SALE

Congress Heights Washington DC Zip code 20032 Real Estate Market Report Statistics - January 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

1

0

4

10

0

1 -30 Days

1

$100,000 - 149,999

0

0

0

0

0

10

15

0

31-60 Days

0

$150,000 - 199,999

0

0

1

0

0

21

20

0

61 - 90 Days

0

$200,000 - 249,999

0

0

0

0

0

23

3

0

91-120 Days

0

$250,000 - 299,999

0

0

0

0

0

15

0

0

Over 120 Days

1

$300,000 - 349,999

0

0

0

0

0

1

0

0

Total

2

$350,000 - 399,999

0

0

0

0

0

6

0

0

 

$400,000 - 449,999

0

0

0

0

0

1

0

0

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

$450,000 - 499,999

0

0

0

0

0

1

0

0

$500,000 - 599,999

0

0

0

0

0

1

0

0

Conventional

1

$600,000 - 699,999

0

0

0

0

0

0

0

0

FHA

1

$700,000 - 799,999

0

0

0

0

0

0

0

0

VA

0

$800,000 - 899,999

0

0

0

0

0

0

0

0

Assumption

0

$900,000 - 999,999

0

0

0

0

0

0

0

0

Cash

0

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

0

0

0

0

0

0

0

0

Owner Finance

0

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

0

0

0

0

0

0

0

0

All Other

0

$5,000,000 & Over

0

0

0

0

0

0

0

0

Unreported

0

Totals

0

0

1

1

0

83

48

0

Total

2

Grand Totals

2 131
    2009    2008    % Change
Total Sold Dollar Volume: $ 251,600 $ 1,821,399 - 86.19 %
Average Sold Price: $ 125,800 $ 202,378 - 37.84 %
Median Sold Price: $ 125,800 $ 193,900 - 35.12 %
Total Units Sold: 2 9 - 77.78 %
Average Days on Market: 120 27 344.44 %
Average List Price for Solds: $ 153,800 $ 209,044 - 26.43 %
Avg Sale Price as a
percentage of Avg List Price:
81.79 % 96.81 %
Total NEW listings: 34
Total Properties Marked Contract: 5
Total Properties Marked Contingent Contract: 2
Total NEW pendings (Contracts + Contingents): 7

 

Looking for a Washington DC Real Estate Professional that will help you buy or sell your next house or want a "Free Real Estate Market Report" in your area of choice? Check out my website Houses for sale in Washington,DC. I can also be reached at Lanre Folayan "Buy home Washington DC" (EXIT PREMIER REALTY ... 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"

 

"THE REAL ESTATE FARMER" -WASHINGTON DC HOMES AND PG COUNTY MARYLAND,CHARLES COUNTY MD AND ST.MARY'S COUNTY HOMES FOR SALE

Congress Heights Washington DC ( Zip code 20032) Real Estate Market Report Statistics for November 2008

Looking to buy your first house in Congress Heights Washington DC but not sure right now whether to buy or not? Trying to decide whether this is the right time to put your Congress Heights Washington DC house up for sale? Trying to decide which loan product most home buyers used to buy their house in Congress Heights Washington DC?

This Congress Heights Washington DC (Zip code 20032) Real Estate Market Report will answer these questions and hopefully answer any other questions you might have about buying in Congress Heights Washington DC.

Housing sales are down,more inventories continues to come on the market and houses for sale in Congress Heights Washington DC are taking much longer to sell.

Here are the numbers for Congress Heights Washington DC:

  • Total sold dollar volume of houses sold in Congress Heights Washington DC was $811,955 compared to $2,483,149 this same time last year a 67.30% drop.                                   

 

  • Average sold price of a house in Congress Heights Washington DC that sold was $162,391 compared to $191,011 in November 2007 a 14.98% drop.

 

  • Median sold price of a house in Congress Heights Washington DC that sold was $174,955 compared to $183,900 in November 2007 a 4.86% drop.

 

  • Total number of houses for sale in Congress Heights Washington DC that sold was 5 compared to 13 houses sold in November 2007 a 61.54% drop.

 

  • Average days of a Congress Heights Washington DC house on the market that sold was 121 days compared to 70 days in November 2007 a 72.86% drop.

 

To view other Washington DC Real Estate Market Reports,please click on these links.

Anacostia Washington DC Zip code 20020 Real Estate Market Report

November 2008 Deanwood Washington DC Zip code 20019 Real Estate Market Report

November 2008 Washington DC Real Estate Market Report  

Looking for a Washington DC Real Estate Agent that will help you buy or sell your next house or want a "Free Real Estate Market Report" in your area of choice? Check out my website Houses for sale in Washington,DC. I can also be reached at Lanre Folayan "Buy Washington DC Real Estate" (EXIT PREMIER REALTY ... 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 a home in Washington DC"

 

 

"THE REAL ESTATE FARMER" -WASHINGTON DC HOMES AND PG COUNTY MARYLAND,CHARLES COUNTY MD AND ST.MARY'S COUNTY HOMES FOR SALE

Congress Heights Washington DC ( Zip code 20032) Real Estate Market Report Statistics for October 2008

Numbers this month for the Congress Heights Washington DC ( Zip code 20032 )Real Estate Market Report October 2008 doesn't look too appealing.

  • Only four houses for sale in Congress Heights Washington DC (Zip code 20032) sold compared to 13 houses for sale in Congress Heights Washington DC that sold this same time last year.
  • Average sold price of a house for sale in Congress Heights Washington DC (Zip code 20032) was $170,375 compared to $225,988 this same time last year -a 24.61% decrease.
  • Median sold price of a house for sale in Congress Heights Washington DC (Zip code 20032) was $166,250 compared to $215,000 this same time last year a 22.67% decrease.
  • Average days on the market of a house that sold in Congress Heights Washington DC (Zip code 20032) in October 2008 was 30 days  compared to 115 days this same time last year.

So why houses for sale in Congress Heights Washington DC taking very long to sale? It can be many reasons.

  • House is probably not priced right according to recent market sales in the neighborhood.
  • House was not staged by a professional home stager so it probably doesn't look too appealing to buyers.
  • Most buyers who want to buy in that neighborhood probably want to use a conventional loan instead of a FHA Loan product which 75% of the houses that sold in October 2008 used.
  • And more.......

There are still many ready,willing and able Congress Heights Washington DC home buyers who want to buy your house. But are you sure you have not priced yourself out of the market? Do you know the current real estate market trends and sales in your neighborhood? If you don't please consult a real estate professional who knows and understands your real estate market very well.

And please read these Washington DC Real Estate Market Reports to help you make a better sound decision when it comes to buying or selling a house.

Deanwood Washington DC Real Estate Market Report ( Zip code 20019)-October 2008

Washington DC Real Estate Market Report Statistics for October 2008

Anacostia Washington DC ( Zip code 20020 ) Real Estate Market Report - October 2008

Looking for a Washington DC Real Estate Agent that will help you buy or sell your next house or want a "Free Real Estate Market Report in your area of choice? Check out my website Houses for sale in Washington,DC. I can also be reached at Lanre Folayan "Buy Washington DC Real Estate" (EXIT PREMIER REALTY ... 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 a home in Washington DC"

 

 

 

"THE REAL ESTATE FARMER" -WASHINGTON DC HOMES AND PG COUNTY MARYLAND,CHARLES COUNTY MD AND ST.MARY'S COUNTY HOMES FOR SALE

Congress Heights Washington DC Real Estate Market Report Statistics ( Zip code-20032 ) for September 2008

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"

 

 

"THE REAL ESTATE FARMER" -WASHINGTON DC HOMES AND PG COUNTY MARYLAND,CHARLES COUNTY MD AND ST.MARY'S COUNTY HOMES FOR SALE

Congress Heights Washington DC Real Estate Market Report Statistics (Zipcode 20032)- August 2008

Good morning! I'm Lanre Folayan reporting the Congress Heights Washington DC Market Report Statistics (Zipcode 20032) for August 2008. While home sales are down from a year ago in Congress Heights Washington DC,house value is up.

Average sold house price in Congress Heights Washington DC was $241,665 compared to $213,411 this time last year a 13.24% gain. Also average sold house price for a house in Congress Heights Washington DC last month was $288,292 which was even better.

Total units of house sold this month in Congress Heights Washington DC were 10 houses compared to 19 this time last year a 44.44% drop.

Average days of a house on the market that sold in Congress Heights Washington DC was 87 days compared to 77 days last year a 12.99% increase.

                                                 TYPES OF FINANCING USED:

                                        Conventional loans   - 1

                                        FHA loans              -   4

                                        Assumption           -   3

                                        Cash                    -   1

                            All other type of financing   -   1

So the good news for Congress Heights Washington DC homeowner who brought a house last year,the value of your house went up. Also FHA is becoming more of a popular financing product for home buyers in areas also such as Deanwood Washington DC and Anacostia Washington DC.

To receive your free full Congress Heights Washington DC Real Estate Market Reports or other Real Estate Market Reports,please register on 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. Looking forward to working with you and helping you make your home purchase or sale a stress free and very good one. Have a great day. Lanre Folayan-Real Estate Professional with Exit Premier Realty. "Buy a home in Washington DC"

 

"THE REAL ESTATE FARMER" -WASHINGTON DC HOMES AND PG COUNTY MARYLAND,CHARLES COUNTY MD AND ST.MARY'S COUNTY HOMES FOR SALE