Sales are down all across every category in Washington DC for the month of february.
- Total sold volume is down 35.07%
- Average sold price of a house in Washington DC was down 6.78% in february.
- Total sold units were 257 houses compared to 369 houses last year february.
- Out of the 257 houses that was sold 138 was conventional loans,45 was FHA loans,6 was VA loans,28 was assumption and 37 was cash.
- Average days of a house on the market before it sold was 112 days compared to 92 days a 21.74% drop.
- Average list price of solds in Washington DC in february was $527,654 compared to $547,876 a 3.69% drop.
- Most of the housing activity in Washington DC for february was houses that were priced $500,000 and over.
Here is the rest of the full Washington DC Real Estate Market Report Statistics for February 2009
|
Residential |
Active Listings |
Time on Market |
||||||
|
Price Class |
2 |
|
4 |
Condo |
Residential |
Condo |
of Units Sold |
|
|
Under $30,000 |
0 |
0 |
0 |
0 |
1 |
2 |
1 -30 Days |
73 |
|
$30,000-$39,000 |
0 |
0 |
0 |
0 |
2 |
10 |
31-60 Days |
42 |
|
$40,000-$49,999 |
0 |
0 |
0 |
0 |
3 |
3 |
61 - 90 Days |
32 |
|
$50,000-$59,999 |
0 |
1 |
0 |
0 |
1 |
2 |
91-120 Days |
20 |
|
$60,000-$69,999 |
0 |
1 |
0 |
0 |
6 |
8 |
Over 120 Days |
90 |
|
$70,000-$79,999 |
0 |
2 |
1 |
0 |
9 |
7 |
Total |
257 |
|
$80,000-$89,999 |
1 |
1 |
1 |
0 |
7 |
6 |
||
|
$90,000-$99,999 |
0 |
1 |
1 |
0 |
21 |
12 |
Type of Financing |
|
|
$100,000-$119,999 |
0 |
0 |
0 |
1 |
36 |
20 |
||
|
$120,000-$139,999 |
1 |
4 |
0 |
1 |
39 |
45 |
Conventional |
138 |
|
$140,000-$159,999 |
1 |
2 |
0 |
0 |
58 |
37 |
FHA |
45 |
|
$160,000-$179,999 |
0 |
5 |
0 |
2 |
55 |
78 |
VA |
6 |
|
$180,000-$199,999 |
0 |
4 |
0 |
2 |
85 |
94 |
Assumption |
28 |
|
$200,000-$249,999 |
3 |
14 |
6 |
14 |
197 |
178 |
Cash |
37 |
|
$250,000-$299,999 |
4 |
6 |
6 |
12 |
230 |
164 |
Owner Finance |
0 |
|
$300,000-$399,999 |
5 |
16 |
9 |
24 |
300 |
314 |
All Other |
3 |
|
$400,000-$499,999 |
2 |
4 |
2 |
18 |
177 |
206 |
Unreported |
0 |
|
Over $500,000 |
9 |
20 |
24 |
26 |
659 |
426 |
Total |
257 |
|
Totals |
26 |
81 |
50 |
100 |
1886 |
1612 |
||
|
Grand Totals |
257 | 3498 |
|
|
Looking for a Washington DC Real Estate Professional that will help you buy and/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 PREMIERREALTY ... 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 home Washington DC"
Hi Lanre, you have compiled quite a list and it offers some great market data for sellers and buyers to make an informed decision. Very Nice.