Washington DC Real Estate Market Report for July 2009. Good news to report for potential DC home buyers and sellers-Home sales are up. Total sold dollar volume of Washington DC homes in July 2009 was $313,292,875 compared to $293,540,305 in July 2008.
Total amount of Washington DC Houses for sale that actually sold in July 2009 were 648 houses compared to 506 houses in July 2008. That is a 28.06% DC home sales increase. With low interest rates,lower home prices and with less than 100 days left to get the $8000 first time home buyer tax credit for DC and MD Home buyers, this is a great time to buy a house for sale in DC.
|
Residential |
Active Listings |
Time on Market |
||||||
|
Price Class |
2 |
|
4 |
Condo |
Residential |
Condo |
of Units Sold |
|
|
Under $30,000 |
1 |
0 |
0 |
0 |
4 |
8 |
1 -30 Days |
268 |
|
$30,000-$39,000 |
0 |
0 |
0 |
0 |
1 |
5 |
31-60 Days |
108 |
|
$40,000-$49,999 |
0 |
1 |
1 |
3 |
4 |
6 |
61 - 90 Days |
83 |
|
$50,000-$59,999 |
1 |
2 |
0 |
0 |
11 |
5 |
91-120 Days |
36 |
|
$60,000-$69,999 |
4 |
1 |
0 |
0 |
9 |
5 |
Over 120 Days |
153 |
|
$70,000-$79,999 |
0 |
4 |
2 |
2 |
13 |
10 |
Total |
648 |
|
$80,000-$89,999 |
0 |
1 |
0 |
1 |
8 |
9 |
||
|
$90,000-$99,999 |
2 |
4 |
0 |
1 |
26 |
6 |
Type of Financing |
|
|
$100,000-$119,999 |
1 |
1 |
1 |
2 |
34 |
29 |
||
|
$120,000-$139,999 |
2 |
6 |
2 |
1 |
34 |
50 |
Conventional |
323 |
|
$140,000-$159,999 |
1 |
3 |
0 |
5 |
56 |
62 |
FHA |
159 |
|
$160,000-$179,999 |
0 |
2 |
0 |
8 |
60 |
69 |
VA |
13 |
|
$180,000-$199,999 |
1 |
6 |
3 |
10 |
78 |
76 |
Assumption |
40 |
|
$200,000-$249,999 |
6 |
10 |
4 |
41 |
162 |
170 |
Cash |
99 |
|
$250,000-$299,999 |
3 |
15 |
6 |
37 |
180 |
170 |
Owner Finance |
1 |
|
$300,000-$399,999 |
5 |
25 |
19 |
92 |
265 |
276 |
All Other |
13 |
|
$400,000-$499,999 |
9 |
20 |
6 |
53 |
149 |
241 |
Unreported |
0 |
|
Over $500,000 |
16 |
65 |
77 |
53 |
648 |
429 |
Total |
648 |
|
Totals |
52 |
166 |
121 |
309 |
1742 |
1626 |
||
|
Grand Totals |
648 | 3368 |
|
|
Looking for a Real Estate Professional 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 -We will get it Sold. Your home that is. 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 DC home" Zip codes 20019,20020,20011,20032,20774,20721
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.
Do you use some type of template for this blog?
Scott Larson
Lanre, your market updates are always so packed with information and thorough to give home buyers a clear view of what is happening in the market.