cooldcre: DC Market Statistics Just In!

New condos in DC Districtre.com The Isaacs Team LLC

DC Market Statistics Just In!

April 2012 DC Market Stats

www.susanisaacsre.com DC Market Reports

Washington D.C.

April 2012 Real Estate Market Statistics

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$295,999,191

+6.5%

+4.29%

Closed Sales

571

+6.93%

+9.6%

Median Sold Price

$449,000

+12.53%

+10.86%

Avg Sold Price

$518,387

-0.4%

-4.84%

Avg Days on Market

67 days

-19.28%

-17.28%

Avg Sold to Orig List Ratio

95.81%

+1.57%

+0.42%

Wow. Those of you who have been active in the market the past 30 days were already aware that inventory is tight, pricies are rising and DOM is waaaay down.

While new Under Contract numbers are almost dead even with April 2011, Active Listings are down a whopping 32.69% from the same time last year.

New Contingent contracts are up 12.68% and New Pendings up 5.85%.

Oh... and check out the hike in condo prices!

See the breakdown and get more DC real estate market details:

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The Isaacs Team at RLAH

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realestateinthedistrict.com

RLAH | Real Living At Home

11 Dupont Circle #650 Washington DC 20036

Comment balloon 2 commentsThe Isaacs Team llc • May 10 2012 10:53AM

Comments

Those are some good stats!  The falling days on market is especially good.

Posted by Eric Peltier, Mortgage Lender in Boulder CO (Eric Peltier - Premier Mortgage Group - Boulder Colorado) over 6 years ago

Agree, Eric!  The market has been especially active this year. How are things in Boulder?

Posted by The Isaacs Team llc, realestateinthedistrict.com (RLAH 11 Dupont Circle, Washington DC) over 6 years ago

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