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DC Anacostia Real Estate Market Report Zip code 20020 for April 2009

Probably one of the most asked question in America is "When will the Real Estate Market fully recover?" I like to say that the only person who can answer that question is God. Because honestly speaking no one knows. What I definitely know is that once Financial Markets fully recovers,the economy stablizes and the trust of consumers/hard working citizens who lost their jobs and savings have been gained,then maybe the Real Estate Market will start to recover-That's just my .02 cent.

But DC Anacostia Real Estate Market zip code for April 2009 was better than last month. Numbers increased all across the board. From Total Sold Dollar Volume to Units sold,the numbers this month was better than it was in April 2008 which is good news. So is this a great time to buy in DC Anacostia? Yes. Don't just take my word for it. Take a look at the numbers.

DC Anacostia Real Estate Market Report zip code 20020

Residential
Unit Sales
Number of Bedrooms

Active Listings

Time on Market

Price Class

2
Or Less


3

4
or More

Condo
Coop

Ground
Rent

Residential

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

0

2

0

1

0

14

13

0

1 -30 Days

3

$100,000 - 149,999

0

0

0

0

0

17

21

0

31-60 Days

2

$150,000 - 199,999

0

0

0

0

0

30

32

0

61 - 90 Days

2

$200,000 - 249,999

0

1

0

2

0

26

15

0

91-120 Days

2

$250,000 - 299,999

0

2

0

0

0

22

7

0

Over 120 Days

4

$300,000 - 349,999

0

1

2

1

0

14

2

0

Total

13

$350,000 - 399,999

0

0

1

0

0

7

0

0

$400,000 - 449,999

0

0

0

0

0

2

0

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 - 499,999

0

0

0

0

0

6

0

0

$500,000 - 599,999

0

0

0

0

0

3

0

0

Conventional

4

$600,000 - 699,999

0

0

0

0

0

2

0

0

FHA

4

$700,000 - 799,999

0

0

0

0

0

1

0

0

VA

1

$800,000 - 899,999

0

0

0

0

0

1

0

0

Assumption

2

$900,000 - 999,999

0

0

0

0

0

0

0

0

Cash

2

$1,000,000 - 2,499,999

0

0

0

0

0

1

0

0

Owner Finance

0

$2,500,000 - 4,999,999

0

0

0

0

0

0

0

0

All Other

0

$5,000,000 & Over

0

0

0

0

0

0

0

0

Unreported

0

Totals

0

6

3

4

0

146

90

0

Total

13

Grand Totals

 13 236
2009 2008 % Change
Total Sold Dollar Volume: $ 3,103,050 $ 2,194,500 41.40 %
Average Sold Price: $ 238,696 $ 274,313 - 12.98 %
Median Sold Price: $ 280,000 $ 255,000 9.80 %
Total Units Sold: 13 8 62.50 %
Average Days on Market: 83 119 - 30.25 %
Average List Price for Solds: $ 286,592 $ 318,350 - 9.98 %
Avg Sale Price as a
percentage of Avg List Price: 		83.29 % 86.17 %
Total NEW listings: 45
Total Properties Marked Contract: 16
Total Properties Marked Contingent Contract: 7
Total NEW pendings (Contracts + Contingents): 23

Looking for a Real Estate Agent that will help you buy and/or sell your next house? Want a "Free Real Estate Market Report" in your area of choice? Register on my website at DC Real Estate. I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com or Twitter Twitter: DCHomesforsalehttp://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day. "Buy home Washington DC" Zip codes 20019,20020,20032,20011

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Posted Sunday May 24