16th Street Heights /Crestwood DC Real Estate Market Report-March 2016
16th Street Heights/Crestwood DC which is in Northwest DC zip code is 20011. Petworth DC is another subdivision that has the zip code 20011.
- Average sold price of a 16th Street Heights DC House in March 2016 was $514,532.
- 67 16th Street Heights/Crestwood DC Houses sold in March 2016. That is up 13.56% this time last year when 59 16th Street Heights/Crestwood DC Houses sold in March 2015.
- Average days on the market of a 16th Street Heights/Crestwood DC House was only 40 days. That is slightly better than year when the average days on the market was 42 days.
- Out of the 67 Houses that sold in March 2016,13 of them were purchased with CASH.
- 43 out of the 67 16th Street Heights DC Houses that sold in March 2016 were purchased with a Conventional loan.
- 5 out of the 67 Houses that were in 16th Street Heights /Crestwood DC area were purchased with a FHA Loan.
- Out of the 67 Houses for sale in 16th Street Heights/Crestwood DC,48 of them sold in 60 days or less.
- And 43 out of the 67 Houses for sale in 16th Street Heights/Crestwood DC sold in 30 days or less.
According to the 16th Street Heights/Crestwood DC Real Estate Market Report in March 2016,there was an increase in four major areas.
- Sold dollar volume.
- Units sold.
- Average Sold price to original list price.
- Ratio of average sold price to average original list price
Home sales activity was up compared to this time last year. And now that it is spring,expect an uptick in home sales activity from now April to August which is usually the busiest months in Real Estate.
So do you want a complimentary Real Estate Market Analysis in your area? Who do you know who is talking about selling their Washington DC House? Do you know anyone who is talking about selling their house in Petworth,16th Street Heights,Crestwood or other DC subdivisions? If you answered YES to any of these three questions, please CLICK HERE
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