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Petworth Washington DC Real Estate Housing Report Zip code 20011 for January 2009

Good news: Unlike some neighborhoods in Washington DC,Home sales increased in Petworth Washington DC zip code 20011 more than 52%. And the total dollar volume sold was $9,149,503 compared to $6,457,500 last year. However the average days of a house on the market in Petworth Washington DC was 142 days compared to 117 days this same time last year.

Most home buyers who brought a house in Petworth Washington DC in January 2009 used Conventional loans. And with The $8,000 Tax Credit -- Let's Break it Down,hopefully the numbers of home sales in Washington DC will continue to increase. Here is a breakdown of the Petworth Washington DC Real Estate Housing Report-Zip code 20011 for January 2009

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

0

0

0

0

0

2

0

1 -30 Days

7

$100,000 - 149,999

0

0

0

0

0

2

8

0

31-60 Days

4

$150,000 - 199,999

0

0

0

1

0

6

19

0

61 - 90 Days

2

$200,000 - 249,999

0

2

0

1

0

24

36

0

91-120 Days

2

$250,000 - 299,999

0

5

2

0

0

59

20

0

Over 120 Days

11

$300,000 - 349,999

0

3

1

0

0

37

1

0

Total

26

$350,000 - 399,999

0

2

2

0

0

34

0

0

$400,000 - 449,999

0

2

1

1

0

12

2

0

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

$450,000 - 499,999

0

1

0

0

0

14

0

0

$500,000 - 599,999

0

0

1

0

0

19

0

0

Conventional

15

$600,000 - 699,999

0

0

0

0

0

10

0

0

FHA

7

$700,000 - 799,999

0

0

0

0

0

7

0

0

VA

0

$800,000 - 899,999

0

0

1

0

0

3

0

0

Assumption

3

$900,000 - 999,999

0

0

0

0

0

3

0

0

Cash

1

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

0

0

0

0

0

3

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

15

8

3

0

233

88

0

Total

26

Grand Totals

26 321

2009 2008 % Change
Total Sold Dollar Volume: $ 9,149,503 $ 6,457,500 41.69 %
Average Sold Price: $ 351,904 $ 379,853 - 7.36 %
Median Sold Price: $ 334,950 $ 295,000 13.54 %
Total Units Sold: 26 17 52.94 %
Average Days on Market: 142 117 21.37 %
Average List Price for Solds: $ 389,265 $ 419,318 - 7.17 %
Avg Sale Price as a
percentage of Avg List Price:
90.40 % 90.59 %
Total NEW listings: 70
Total Properties Marked Contract: 20
Total Properties Marked Contingent Contract: 13
Total NEW pendings (Contracts + Contingents): 33

Looking for a Washington DC Real Estate Professional that will help you buy and/or sell your next house or want a "Free Real Estate Market Report" in your area of choice? Check out my website Houses for sale in Washington DC. 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 Saturday Feb 28