December 2014 DC RE Prices Up 6.9%
Median Sold Price Up 6.9% in December 2014 from December 2013
2014 DC real estate market prices ended on a high note, with MSP (Median Sold Price) rising 6.9% from 2013.
There were 660 closed sales in December, a 19.6% increase from November 2014 and total closed volume rose 27% month-over-month.
Median Days On Market
Median DOM was 21 days. The five-year average for December is 30 days.
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