Home buyers: If you are currently renting,do you feel that maybe now would be a good time to buy a house? Is it now time to get a loan approval?
Home owners: Have you been thinking about putting your house on the market but not sure whether it will sell or not? Want to know whether homes are selling in your area?
Hopefully this market report statistics for "houses for sale in Washington DC" that sold in the Washington DC Zip code 20020 in July 2008 can help you answer any questions you might have about the current real estate market in your neighborhood and help you make a better sound decision when it comes to buying or selling your next home.
ZIP Code: 20020 Washington, DC
From: 07/01/2008 to 07/31/2008 Statistics generated on: 08/07/2008
|
Residential |
Active Listings |
Time on Market |
|||||||||
|
Price Class |
2 |
|
4 |
Condo |
Ground |
Residential |
Condo |
Ground |
of Units Sold |
||
|
Under $100,000 |
0 |
0 |
0 |
1 |
0 |
3 |
4 |
0 |
1 -30 Days |
0 |
|
|
$100,000 - 149,999 |
0 |
0 |
0 |
0 |
0 |
6 |
19 |
0 |
31-60 Days |
2 |
|
|
$150,000 - 199,999 |
0 |
0 |
1 |
1 |
0 |
19 |
51 |
0 |
61 - 90 Days |
1 |
|
|
$200,000 - 249,999 |
1 |
1 |
1 |
1 |
0 |
15 |
33 |
0 |
91-120 Days |
0 |
|
|
$250,000 - 299,999 |
0 |
1 |
0 |
0 |
0 |
34 |
3 |
0 |
Over 120 Days |
7 |
|
|
$300,000 - 349,999 |
0 |
0 |
0 |
0 |
0 |
23 |
2 |
1 |
Total |
10 |
|
|
$350,000 - 399,999 |
0 |
0 |
0 |
0 |
0 |
13 |
1 |
0 |
|||
|
$400,000 - 449,999 |
0 |
0 |
0 |
0 |
0 |
2 |
0 |
0 |
Type of Financing |
||
|
$450,000 - 499,999 |
0 |
1 |
0 |
0 |
0 |
6 |
1 |
0 |
|||
|
$500,000 - 599,999 |
0 |
0 |
0 |
0 |
0 |
8 |
0 |
0 |
Conventional |
2 |
|
|
$600,000 - 699,999 |
0 |
0 |
1 |
0 |
0 |
4 |
0 |
0 |
FHA |
5 |
|
|
$700,000 - 799,999 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
0 |
VA |
1 |
|
|
$800,000 - 899,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Assumption |
1 |
|
|
$900,000 - 999,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Cash |
1 |
|
|
$1,000,000 - 2,499,999 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
0 |
Owner Finance |
0 |
|
|
$2,500,000 - 4,999,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
All Other |
0 |
|
|
$5,000,000 & Over |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Unreported |
0 |
|
|
Totals |
1 |
3 |
3 |
3 |
0 |
135 |
114 |
1 |
Total |
10 |
|
|
Grand Totals |
10 | 250 | |||||||||
|
|
Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
To receive your "Free list of houses for sale in Washington DC",please give me a call at your earliest convenience. I can be reached at 202-378-0283 (Direct) or (301) 560-6700 x1154 (Office). I can also be reached online at www.buyandsellnewhomes.com and www.freelistofhomesforsale.com. 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. Lanre Folayan- Real Estate Professional with Exit Premier Realty. "Buy a home in Washington DC"
Days on Market and Units Sold... Very telling! Nice report, Lanre.
Lanre - This should be helpful to consumers when making a decision to buy or sell.
Days on market increasing aren't very good. I am most surprised that sales have fallen as much as that. 60% ? Wow! I would have assumed that with he gas crunch, people would be buying homes in-town!! These statistics show me I was wrong.
Good report. Consumers will find this very useful.
Margaret- Thank you very much. I am still learning. Hopefully one day I will a great writer/blogger/real estate professional like you.
Jennifer- Absolutely. I always find your posts very helpful.
Jim-Days on the market increasing as you know is never good. Hopefully six-nine months from now,it will be a different story.
Jon-Thank you very much.