DC Jan 2014 Average Sold To List Price Ratio Rises
In January 2014, the Average Sold To List Price Ratio (SLPR) was 97.1%, up from January 2013′s 96.4% and above the five-year average of 94.5%. And there were more gains for the DC real estate market i the first month of 2014:
January 2014 DC Median Sold Price rose 11.64% from a year ago from $421,000. to $470,000. The five-year average for DC Median Sold Price is $396,140.
Closed Sales January 2014 DC Real Estate
Closed sales rose 6.9% YoY at 462 from January 2013′s number of 432, both well above the five-year average of 409 units.
How did your neighborhood perform in the January 2014 DC and DCMA real estate market? Read the full report at Districtre.com