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.
- Out of the five houses for sale in Congress Heights Washington DC that sold in November 2008,two of them used FHA Financing,FHA loans vs Conventional loans - A true numbers comparision with 5% down two of them were Assumption and one of them used a different kind of financing.
To view other Washington DC Real Estate Market Reports,please click on these links.
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 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 a home in Washington DC"
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