Congress Heights DC Real Estate Market Report zipcode 20032 for August 2012. DC Real Estate Market is a Sellers Market. While many houses are selling in Washington DC,some places in DC are not getting a lot of housing activity with Congress Heights being one of those areas. Here are the numbers for Congress Heights DC Real Estate Market Report.
Total Sold volume of Congress Heights DC Houses in August 2012 was only $1,033,700. However that was up 56.62% this time last year when the Sold Volume was $660,025. Average sold price of a Congress Heights DC House was $172,283 compared to $110,004 this time last year. That is a whomping 56.62% increase in home value. 6 Congress Heights houses were sold,which was the same amount this time last year.
Average days on the market of a Congress Heights DC was 86 days down only 1.18% when the average days on the market was 85 days. Average Sold price to Original List price ratio was 89.8% compared to last year when the average sold price to original list price ratio was 79.2%
So what can we get from this DC Real Estate Market Report?
- Home value of Congress Heights DC houses have increased. In fact this is probably one of the biggest home value increases in any of the DC Subdivisions.
- Houses are priced right according to the Real Estate Market in Congress Heights DC.
- Congress Heights DC Houses on sale are selling in about reasonable time.
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