Things to do in Washington DC: DC Congress Heights Real Estate Market Report (Zip code 20032)-March 2009

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 +

Click here to Buy a house with $0 down and get up to 4% in grant to use towards down payment and closing costs.     

 

                                                         

 

Want to get a list of recent SOLD HOMES in your area of choice? Click on this link 

 

 

 

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

 

 

 

                       

  

 

Comments

I really appreciate that you don't include the same information in each market report! Good read.

Posted by Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA, (Keller Williams Capital Properties) over 9 years ago

Lise Howe, Realtor and Attorney Licensed in DC, MD and VA (WC&AN Miller, a Long and Foster Co. )-Thanks Lise. I am glad that you like my reports.

Posted by Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES (Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC) over 9 years ago

Participate