Things to do in Washington DC: Washington DC Real Estate Market Report for August 2009

Washington DC Real Estate Market Report for August 2009

Preview of your graph

602 houses for sale sold in Washington DC for the month of August. According to this graph,most of the houses for sale sold were over $500,000. However that doesn't mean that you can't afford to buy a house in Washington DC. Deanwood DC zip code 20019,houses are selling in the $130,000 price range. Houses in Anacostia DC zip code 20020 are selling in the upper 150's.  And DC houses for sale in Congress Heights DC zip code 20032,houses are selling in the mid 120's.

However in Trinidad DC zip code 20002,average home price of houses that are being sold in that area is in the mid $350,000. Houses for sale in NE DC Brookland  zip code 20017,houses are selling in the lower 220,000's. And NW DC Petworth zip code 20011,average price of houses selling in that area are in the 340,000.

Out of the 602 home buyers who brought a house in Washington DC,311 of them used a conventional loan,156 of them used a FHA Loan and 21 home buyers used a VA Loan.

And I also want to say thank you very much to Lina Robertson, ozarks-realestate.com Springfield MO Area Real Estate (RE/MAX Solutions). She gave me the link to this site http://nces.ed.gov/nceskids/index.asp that I was able to use to write my first ever DC Real Estate Market Report using graphs. Thanks Lina.

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 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 DC home" Zip codes 20019,20020,20011,20032,20774,20721

 

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Comments

Have a son at GW and the prices where you are are soooo different than in Maine! Good thorough post Lanre!

Posted by Andrew Mooers | Northern Maine Real Estate / Aroostook County Broker (MOOERS REALTY) over 2 years ago

Lanre, congratulations on a well written report . . .very nice and charged!

Posted by Fernando Herboso Broker: Check All www.ReallyNiceHomes.com in MD & VA (Herboso & Associates LLC- Broker 240.426.5754) over 2 years ago

What a beautiful graph it is!  :)  I'm amazed at the difference in home prices in your area than in mine. 

Posted by Lina Robertson Jones, REALTORĀ® Springfield MO Area Homes for Sale (Ozark, Nixa, Republic & Willard Real Estate) over 2 years ago

Great presentation Lanre! I hope several of those sales were yours!

Posted by Jen Anderson (Exit By the Bay Realty) over 2 years ago

Lanre, good graph and market report.  I'm playing catch up and gotta skip over to your other post.

Posted by Ray Nellum Fort Smith Real Estate (Envision Real Estate Group, LLC.) over 2 years ago

It is good to see the higher priced homes moving again! Great news for DC Buyers and sellers!

Posted by Betina Foreman-Realtor, C.N.E. selling homes in Lake Travis & central Austin! (512-771-6318 Austin Home Girls Realty) over 2 years ago

Everywhere I look ...It is looking up. I love your stats-Dinah Lee

Posted by Dinah Lee Griffey (Windermere Peninsula Properties) over 2 years ago

Lanre,  you always put together such great market reports and this one really sheds some positive news on the real estate market.

Posted by June Piper-Brandon CDPE, CIAS, ePro, Assoc. Broker (Century 21 New Millenium) over 2 years ago

Lanre, I have to get out of Upper Northwest more often!  Interesting numbers.

Posted by Patricia Kennedy (Evers & Company Realtors) over 2 years ago

Patricia Kennedy (Evers & Company Realtors)
-Thanks Pat. Enjoy the rest of your weekend.

Posted by Lanre "The Real Estate Farmer"Folayan Buy a home in Washington DC (EXIT Advance Realty-Washington DC House for sale) over 2 years ago

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