2014 DC Real Estate Market Update
14th Street Corridor
Tomorrow's snowstorm won't help the 2014 DC real estate market lag. Freezing temps and bleak skies have kept a lid on early listing and buying activity.
Inventory shortages are epic at this point. The low volume of listings has kept upward pressure on prices, which is good for sellers, but timing is everything. The DC real estate market is changing. To take advantage of current DC real estate market conditions in order to get the highest price and best terms for their properties, owners should consider listing their properties sooner rather than later.
Here is the data for 2014 DC's 14th Street Corridor todate:
January Real Estate Market Activity January 1 2014 to-date:
- Condos/Co-Ops $500K – $1.5M =6 Listings
- SFH $500K-$750K =Zero Listings
- SFH $750-$1.5M = 1 Listing
- Condos/Co-Ops $500K – $1.5M =3 Contracts
- SFH $500K-$750K =Zero Contracts
- SFH $750-$1.5M =Zero Contracts
- SFH $500K-$750K =1 Sale
- SFH $750K-$1M+ =Zero Sales
- Condos/Co-Ops $500K – $1.5M =5 Sales
Copyright - All rights reserved The Isaacs Team LLC
The Isaacs Team LLC
Top-tier Washington DC Realtors
Districtre.com is DC's most informative real estate website
New condos in Washington DC & Northern Virginia; Logan Circle, Adams Morgan, Dupont Circle, Southwest DC, Capitol Hill, Eastern Market, Brookland, Georgetown, Penn Quarter, Glover Park, Cathedral Heights, LeDroit Park, H Street Corridor, U Street, 14th Street corridor, Mt. Vernon Triangle, Kalorama, Arlington VA, Alexandria VA, Vienna VA, Fairfax VA, McLean VA and Great Falls VA.
Equal Housing Opportunity