Things to do in Washington DC: Anacostia DC zip code 20020 Real Estate Market Report-April 2018

Anacostia DC zip code 20020 Real Estate Market Report-April 2018

Anacostia/Hillcrest DC zip code 20020 Real Estate Market Report-April 2018

Anacostia DC zip code 20020 Real Estate Market Report-April 2018

  • Average sold price of a Anacostia/Hillcrest DC zip code 20020 in April 2018 was $323.181. That is up 28.56% from April 2017 when the average sold price of a Anacostia/Hillcrest DC zip code 20020 was $251,393.
  • 37 Anacostia/Hillcrest DC zip code 20020 Houses SOLD in April 2018. That is down from April 2017 when 22 Anacostia/Hillcrest DC zip code 20020 Houses were SOLD.
  • Average days on the market of a Anacostia/Hillcrest DC zip code 20020 was 27 days in April 2018. That is much better than April 2017 when the average days on the market of a Anacostia/Hillcrest DC zip code 20020 was 81 days.
  • Average SP(Selling price) to OLP (Original List Price) Ratio of a Anacostia/Hillcrest DC zip code 20020 House SOLD in April 2018 was 99.2%. That is up 5.08% from April 2017 when the average selling price to original list price was 94.9% of a Anacostia/Hillcrest DC zip code 20020 House SOLD in April 2018.
  • Average sold price of a Attached Anacostia/Hillcrest DC zip code 20020 in April 2018 was $295,890. That is up 50.06% from April 2017 when the average sold price of a Attached Anacostia/Hillcrest DC zip code 20020 in April 2018 was 4197,186.
  • Average sold price of a Detached Anacostia/Hillcrest DC zip code 20020 in April 2018 was $440,143. That is down only 1.02% from April 2017 when the average sold price of a Detached Anacostia/Hillcrest DC zip code 20020 was $435,700.

 

  • 23 out of the 37 Anacostia/Hillcrest DC zip code 20020 Houses SOLD in April 2018 were purchased with a Conventional Loan.
  • 9 out of the 37 Anacostia/Hillcrest DC zip code 20020 Houses SOLD in April 2018 were purchased with CASH.
  • 1 out of the 37 Anacostia/Hillcrest DC zip code 20020 Houses SOLD in April 2018 were purchased with a FHA Loan.
  • 1 out of the 37 Anacostia/Hillcrest DC zip code 20020 Houses SOLD in April 2018 were purchased with a different kind of loan.
  • 3 out of the 37 Anacostia/Hillcrest DC zip code 20020 Houses SOLD in April 2018 were purchased with a VA Loan.
  • 35 out of the 37 Anacostia/Hillcrest DC zip code 20020 Houses SOLD in April 2018 were on the market for 90 DAYS OR LESS.
  • 30 out of the 37 Anacostia/Hillcrest DC zip code 20020 Houses SOLD in April 2018 were on the market for 60 DAYS OR LESS.
  • 29 out of the 37 Anacostia/Hillcrest DC zip code 20020 Houses SOLD in April 2018 were on the market for 30 DAYS OR LESS.

 

Two things caught my attention from this Anacostia/Hillcrest DC zip code 20020 Real Estate Market Report for April 2018 are average sold price of a Anacostia/Hillcrest zip code 20020 House sold in April 2018. When Houses are selling quicker than 66.67% than it did last year and average sold price is up more than 28.56%,that tells me that Anacostia/Hillcrest DC zip code 20020 is a Red Hot Market. I strongly feel that Anacostia/Hillcrest DC zip code 20020 will continue to perform strongly due to lack of inventory that is currently on the market. People who are priced out of other areas in Washington DC are moving and buying houses in less pricey areas in Washington DC such as Deanwood,Congress Heights and Anacostia/Hillcrest DC.

 

Seems also that Conventional Loan is most popular loan product among 1st time home buyers. With many home buyers losing out to many deals,getting a conventional loan is one of many things that look appealing to home owners who are currently trying to sell their house. Let's see how this market will continue to perform in 6 months from now.

 

Click on this link to view New Home Sales in Anacostia DC

 

And if you know anyone who is looking to buy and/or sell a house in Hillcrest/Anacostia DC zip code 20020 and/or its surrounding subdivisions/areas,I would love to be your Exclusive Real Estate Professional. You can call or text me at 202-378-0283. Or send me an email to DChomesforsale@gmail.com.

 

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Click here to Buy a house with $0 down and get up to 4% in grant to use towards down payment and closing costs.     

 

                                                         

 

Want to get a list of recent SOLD HOMES in your area of choice? Click on this link 

 

 

 

Click on this link to download my KW Mobile App to search homes for sale on your mobile phone,IPAD or tablet http://app.kw.com/KW2GQDDCJ

 

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Comments

Good day 

Thank you for sharing your information with us 

Have a great day.

Posted by Anthony Acosta - ALLATLANTACONDOS.COM, Associate Broker (Harry Norman, REALTORS® ) 3 months ago

Interesting take on your market report , hoping that a homeowner in Anacostia Washington DC zip code 20020  will take note that homes are selling quicker and for more money due to lack of inventory and call your when they are ready to sell their home.

Posted by Michele Cadogan-Cell 917-861-9166, Licensed Real Estate Associate Broker - (Fillmore Real Estate 2926 Ave J Brooklyn NY 11210) 3 months ago

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