DC Petworth Real Estate Market Report (Zip code 20011)-March 2009. Average sold price of a DC Petworth house was $314,170 compared to $390,354 in March 2008-a 19.52% drop. But DC Petworth houses almost saw double housing activity compared to March 2008. 46 houses in DC Petworth sold this month compared to 25 in March 2008- a 84% increase. I am now singing the song "Ol happy days. Me:"Ol'happy days". Choir:'Ol happy days. Me:"Ol happy days. Choir:"Ol happy days.
Hopefully more activity will start to pick up all around the country. Lord knows we can use it. And people need to know more about the $8000 first time home buyer tax credit New homebuyers to get $8000 cash back - Feb. 16, 2009
Lola Audu also wrote a very good one too yesterday about how we should inform more people about the $8000 first time home buyer tax credit Are You SURE Your 'peeps' KNOW about the $8,000 TAX CREDIT? What Could a MILLION Real Estate Agents Do in 24 Hours...
At least I got somebody today who responded by saying that she wants to buy this year. Hopefully if I help her buy a house,I can get all of her ready,willing and able family members and friends who are home buyers to buy a house this year.
Here is the DC Petworth Real Estate Market Report (Zip code 20011) for March 2009
|
Residential |
Active Listings |
Time on Market |
||||||||
|
Price Class |
2 |
|
4 |
Condo |
Ground |
Residential |
Condo |
Ground |
of Units Sold |
|
|
Under $100,000 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 -30 Days |
9 |
|
$100,000 - 149,999 |
0 |
1 |
0 |
1 |
0 |
2 |
10 |
0 |
31-60 Days |
6 |
|
$150,000 - 199,999 |
0 |
3 |
0 |
0 |
0 |
8 |
16 |
0 |
61 - 90 Days |
6 |
|
$200,000 - 249,999 |
0 |
8 |
0 |
1 |
0 |
32 |
35 |
0 |
91-120 Days |
7 |
|
$250,000 - 299,999 |
0 |
8 |
1 |
0 |
0 |
51 |
11 |
0 |
Over 120 Days |
18 |
|
$300,000 - 349,999 |
0 |
7 |
4 |
0 |
0 |
45 |
6 |
0 |
Total |
46 |
|
$350,000 - 399,999 |
0 |
2 |
1 |
0 |
0 |
28 |
2 |
0 |
||
|
$400,000 - 449,999 |
0 |
3 |
0 |
0 |
0 |
14 |
1 |
0 |
Type of Financing |
|
|
$450,000 - 499,999 |
0 |
0 |
2 |
0 |
0 |
20 |
0 |
0 |
||
|
$500,000 - 599,999 |
0 |
1 |
2 |
0 |
0 |
13 |
0 |
0 |
Conventional |
15 |
|
$600,000 - 699,999 |
0 |
0 |
1 |
0 |
0 |
9 |
0 |
0 |
FHA |
22 |
|
$700,000 - 799,999 |
0 |
0 |
0 |
0 |
0 |
7 |
0 |
0 |
VA |
2 |
|
$800,000 - 899,999 |
0 |
0 |
0 |
0 |
0 |
2 |
0 |
0 |
Assumption |
0 |
|
$900,000 - 999,999 |
0 |
0 |
0 |
0 |
0 |
2 |
0 |
0 |
Cash |
6 |
|
$1,000,000 - 2,499,999 |
0 |
0 |
0 |
0 |
0 |
5 |
0 |
0 |
Owner Finance |
0 |
|
$2,500,000 - 4,999,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
All Other |
1 |
|
$5,000,000 & Over |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Unreported |
0 |
|
Totals |
0 |
33 |
11 |
2 |
0 |
238 |
81 |
0 |
Total |
46 |
|
Grand Totals |
46 | 319 |
|
|
Looking for a DC 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 
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 Zip codes 20019,20020,20032,20011
Lanre Folayan-"The Real Estate Farmer"with Exit Advance Realty- Serving P.G County Maryland,Baltimore County,Montgomery County,Charles County MD,St.Mary's County MD and DC Home buyers and sellers.
Lanre Folayan-"The Real Estate Farmer"
Exit Advance Realty
Real Estate Agent - Residential
8500 Westphalia Rd
Upper Marlboro,MD 20774
(202) 378-0283 (Direct)
(301) 518-3948 (Office)
PG County MD,Charles County MD,St.Mary's County MD,Baltimore County MD and DC Pre-Foreclosured Properties,Bank Owned Properties and Estate Sales.
"Ol Happy Days"! Loved to hear you and the choir!! :-) That is very good news in your market Lanre!
Are you seeing any price improvement in Petworth this spring?
Lanre - Many are still unaware of how they can benefit from the tax credit. Glad to see you are using the market report to bring up the subject.
Lanre,
It's good to see things beginning to improve in many areas. We still need to work at educating Buyers.
Cynthia Tilghman, Realtor® Onslow County NC Home Specialist (Kingsbridge Realty, Inc)-We defintely need to work on educating buyers. Thanks for your response.
Jennifer Fivelsdal, Rhinebeck NY (Keller Williams Realty - Real Estate Agent)-Jennifer I think I need to bring up this topic everytime I do Real Market Reports. Thanks for your response.
Lise Howe, Realtor and Attorney Licensed in DC, MD and VA (WC&AN Miller, a Long and Foster Co. )- Not much price improvement but more sales. Thanks for your response Lise.
Mary Douglas Red Feather Lakes, CO (United Country Ponderosa Realty)-Smiling. Thank you Mary. Great to always hear from you.
Lanre, this is a very thorough market report. I'm sure sellers and buyers a lot will gain lots of information from your market report and be educated when it's time to buy or sell.
June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.)-Thank you very much June. Have a great day.