Washington, DC Real Estate Market Snapshot
| Listing Type | Number | Median Price | Price Change
|
| Homes for | 2,903 | $389,000 | 0.0% |
| New Homes | 3 | $434,540 | 0.0% |
| Foreclosures | 781 | $272,531 | +1.8% |
As you can see from the figures above, the figures have changed very little since June/09. The New Homes being sold and the resales have not risen whereas the foreclosures have risen slightly. These figures will also reflect business which started three months ago and finished this month. The price of new homes is higher than for resales and of course for bank owned foreclosures. The entire area has seen an overall increase in sales, for both new homes and resales. Unfortunately the foreclosures are rising but this could be a one to two year reaction to the overall economy.
Labels: DC Waterfront Condos, Homes for sale in Washington DC, Metro DC Homes, Real Estate Washington DC
posted by Denny Horner at
11:16 PM
1 Comments:
The Case-Schiller report that just came out looks good for the Washington, DC, real estate market though.
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