This mris report was gathered from sales and contract data during the month of March. This covers all of Washington, DC. Hey, looks like we’re doing pretty good compared to last month. Sales volume jumped from $121mil to $202mil and average sales price rose from $417k to $508k. The amount of listings taken in the month of March rose by nearly 35% from the previous month. Properties are spending 25 days less on the market as compared to February. I’m assuming April is going to be even better.
In general, activity is up and the sales market is robust in Washington, DC. Check out the report and let us know if you have any questions about your neighborhood. We’re happy to provide you with custom neighborhood reports. In the meantime, we hope that you find this information useful.
Your Washington DC Real Estate Advisor,
Sally Hamidi
