Things to do in Washington DC: January 2009 Washington DC Real Estate Market Report Statistics

January 2009 Washington DC Real Estate Market Report Statistics

 

Residential
Unit Sales
Number of Bedrooms

Active Listings

  

Time on Market

Price Class

2
Or Less  


3

4
  or More  

Condo
Coop and
Ground Rent

Residential
  

Condo
Coop and
Ground Rent

of Units Sold
(No. of Units)

Under $30,000

1

0

0

0

0

1

1 -30 Days

65

$30,000-$39,000

0

0

0

0

0

8

31-60 Days

42

$40,000-$49,999

0

0

0

0

2

7

61 - 90 Days

34

$50,000-$59,999

0

0

0

0

1

0

91-120 Days

34

$60,000-$69,999

1

1

0

0

6

8

Over 120 Days

78

$70,000-$79,999

1

1

0

1

5

7

Total

253

$80,000-$89,999

0

4

0

1

6

10

    

$90,000-$99,999

1

0

0

0

21

9

Type of Financing
of Units Sold
(No. of Units)

$100,000-$119,999

0

0

0

0

32

19

$120,000-$139,999

1

1

0

0

40

34

Conventional

141

$140,000-$159,999

0

2

1

0

50

36

FHA

50

$160,000-$179,999

2

1

1

2

48

75

VA

9

$180,000-$199,999

3

0

2

5

83

90

Assumption

11

$200,000-$249,999

6

12

3

11

194

175

Cash

36

$250,000-$299,999

2

12

3

9

238

179

Owner Finance

0

$300,000-$399,999

6

16

9

27

312

272

All Other

6

$400,000-$499,999

1

6

2

20

174

204

Unreported

0

Over $500,000

4

18

31

22

638

401

Total

 253

Totals

29

74

52

98

1850

1535

    

Grand Totals

 253 3385
   2009   2008   % Change
Total Sold Dollar Volume: $ 125,331,032 $ 176,970,419 - 29.18 %
Average Sold Price: $ 495,380 $ 556,511 - 10.98 %
Median Sold Price: $ 360,000 $ 428,000 - 15.89 %
Total Units Sold: 253 318 - 20.44 %
Average Days on Market: 112 87 28.74 %
Average List Price for Solds: $ 553,500 $ 600,053 - 7.76 %
Avg Sale Price as a percentage of Avg List Price: 89.50 % 92.74 %
Total Number of NEW listings
taken for the month: 910

Total Number of Properties   
marked Contract for the month: 193
Total Number of Properties   
marked Contingent for the month: 147

Total Number of NEW pendings        
(CONTRACTS + CONTINGENTS): 340

Looking for a Washington DC Real Estate Professional that will help you buy or sell your next house or want a "Free Real Estate Market Report" in your area of choice? Check out my website Houses for sale in Washington,DC. I can also be reached at Lanre Folayan "Buy home Washington DC" (EXIT PREMIER REALTY ... or 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 home Washington DC"

                                                                      

 

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1 comment • Lanre "The Real Estate Farmer"Folayan Buy a home in Washington DC • February 25 2009 12:01AM

Comments

Hi, I like your market report.How did you import the table into your post? Is it a Word table? I tried to do one and import it and the table part was not there and the text in the cells turned into a paragraph of words. Can anyone shed some light?

Posted by Top Team: Kelsey Barklow 423/948-9154 & Marne Drinnon 423/202-2277 (Crye-Leike, Realtors) about 3 years ago

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