I thought you folks out there might enjoy a little post-housing crisis market report. Here is a break down on post-crisis sales in Northwest D.C. for the month of May thus-far:
49 single family homes have closed since May 1, 2008 in NW D.C.
The average list price was $1,053,714 and the median list price was $869,500
The average sales price was $1,012,558 and the median sales price was $853,500
The average list price to sales price ratio is 96% and median was 98%
Average seller subsidy was $1,359
The average days on market was 37
HAPPY HOUSE-HUNTING!!
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