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Congress Heights Market August Stats

09-26-11

Monica Snipes-Austin, Helping Buyers & Sellers in Metro Washington, DC

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Office: (240) 737-5000 x5047

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Market statisics for Congress Heights Washington, DC for August are very interesting since the stats shows a trend of the market softening in the section of Washington, DC. Home sales from 2010 to 2011 have dropped by 50%. Home values have dropped as well. Average days on market also crept up from 66 days to 85 days. Time will tell if this will spread to other parts of the Washington, DC market. Here is a snapshot of the Congress Heights Market in August.

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Congress Heights Washington DC 20032 Real Estate Market Report-June 2011

08-08-11

Lanre "The Real Estate Farmer"Folayan Buy a home in Washington DC

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Office: (202) 378-0283

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Congress Heights Washington DC 20032 Real Estate Market Report-June 2011. Looking for a SE Washington DC house for sale to buy? How about if you are looking for a house for sale less than $150,000 in Southeast Washington DC? Sounds too good to be true huh? Good thing is it is true. Home buyers are relocating to Washington DC since they see the value in the houses for sale.

According to the June 2011 Congress Heights Washington DC Real Estate Market Report,average Congress Heights Washington DC house for sale sold for $133,594. This time last year average Congress Heights Washington DC home for sale sold for $150,191. That is a 11.05% drop. 8 Congress Heights Washington DC homes sold in June 2011 compared to 19 this time last year. That is a 57.89% drop. Out of the 9 people who brought a home for sale in Congress Heights DC,3 of them were cash buyers,2 of them were conventional home buyers and 3 of them used FHA Loans. Average days on the market of a Congress Heights Washington DC home was 98 days in June 2011 compared to 153 days this time last year.

Some smart and savvy Washington DC home buyers and investors must see in Congress Heights Washington DC something a lot of people don't see-POTENTIAL. What does it mean when the average days of a home sold on the market has decreased from the year before? It can mean a lot of things. But don't be surprised if you see more DC first time home buyers start buying homes for sale in Washington DC. People who want to buy in Washington DC but can't afford to buy in more affluent DC Neighborhoods such as Georgetown,U St/Shaw,Capitol Hill and Woodley Park/Cleveland would probably settle for areas such as Anacostia, Deanwood and Congress Heights Washington DC.

While the numbers number clearly show that less people are buying homes for sale in Congress Heights Washington DC,it doesn't take taht long like it used to to find a ready,willing and able home buyer looking to buy a home for sale in Congress Heights Washington DC 20032. Click a more detailed Congress Heights Washington DC 20032 Real Estate Market Report,go to www.buyandsellnewhomes.com and click on Congress Heights Washington DC 20032 Real Estate Market Report on the left hand side.

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Free DC Back to School Health Festival

08-11-10

Lanre "The Real Estate Farmer"Folayan Buy a home in Washington DC

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Office: (202) 378-0283

Mobile: (202) 378-0283

Free DC Back to School Health Festival. Its almost that time for children to go back to school in DC. Its seems like it was just yesterday that most children were out of school for the summer. Time flies I tell you. Anyway Unison Health Plan of the Capital Area by United Health Care presents Two-Day Back to School Connected Care Family Health Festival that will include an 18 wheel United Healthcare Connected Care Mobile Health Clinic that will showcase Telehealth Technology.

First day events include Immunizations,Back to school supplies and healthy cooking demonstrations and giveaways.

Second day events include March of Dimes "Mama & Baby Bus" with HIV Testing and Pregnancy Counseling,Diabetes risk assessments,BMI Screenings along with some Back to school supplies.

On August 18,the March of Dimes "Mama & Baby Bus" will be at the D.C Department of Parks and Recreation to administer blood pressure and dental screenings,HIV testing and pregnancy counseling.

Both events will be from 8:00am-5:00pm at the United Medical Center on Tuesday and at 1310 Southern Avenue SE Washington DC 20032 and at D.C Department of Parks and Recreation 3149 16th Street NW Washington DC 20010 on Wednesday.

So parents if you have an teenager children,please bring them out to the Free DC Back to School Health Festival. And if you know anyone who needs this,please tell them to come out. You don't have to pay. It is free.

I want to personally thank the Unison Health Plan of the Capital Area Inc. for providing this free DC Back to School Health Festival for the community. This is something that people need but some people either can't afford it or don't know about how to get it. If we take better steps in improving our health,we will live a long and healthy life and be able to spend and enjoy our time here on earth with our family members,loved ones and friends.

And click here to learn more about Unison Health Plan of the Capital Area

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DC Congress Heights Real Estate Market Report Zip code 20032 for April 2009

05-24-09

Lanre "The Real Estate Farmer"Folayan Buy a home in Washington DC

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Office: (202) 378-0283

Mobile: (202) 378-0283

Remember that candy bar commercial (I forgot which one candy bar it was) that said sometimes you feel like a nut and sometimes you don't. Sometimes I feel like writing DC Real Estate Market Reports and sometimes I don't (how many real estate agents do you know who loves doing Real Estate Market Reports when the Market is not great?). But like I've learned as a Real Estate Professional,we must always report the Real Estate news whether it is good or bad.

DC Congress Heights Real Estate Market Report zip code 20032 is not great but it is not bad either compared to the numbers last year. While home sales are up in DC Congress Heights Real Estate Market i20032 zip code area,it is taking much longer to sell them compared to last year. Average days on the market in DC Congress Heights was 86 days compared to 21 days this same time last April. However home sales were up a whooping 250%-Yeah you are reading it right-250%. But then again that's because only 7 houses in DC Congress Heights last month compared to just 2 houses this same time last year.

Highest priced DC Congress Heights house that was sold was a 3 bedroom house in the $200,000-$249,999 price range. And one thing that I was shocked to find out that out of the seven houses that were sold in DC Congress Heights,4 of them were cash buyers-MONEY!MONEY!MONEY!MONEY! $$$MONEY$$! I could use some cash buyers right now.

So here are the numbers for DC Congress Heights Real Estate Market Report zip code 20032 for April 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	3	0	0	0	0	7	15	0	1 -30 Days	2
$100,000 - 149,999	0	0	1	0	0	12	15	0	31-60 Days	1
$150,000 - 199,999	0	2	0	0	0	23	14	0	61 - 90 Days	0
$200,000 - 249,999	0	1	0	0	0	30	3	0	91-120 Days	3
$250,000 - 299,999	0	0	0	0	0	13	0	0	Over 120 Days	1
$300,000 - 349,999	0	0	0	0	0	0	0	0	Total	7
$350,000 - 399,999	0	0	0	0	0	3	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	0	0	0
$500,000 - 599,999	0	0	0	0	0	1	0	0	Conventional	0
$600,000 - 699,999	0	0	0	0	0	0	0	0	FHA	2
$700,000 - 799,999	0	0	0	0	0	0	0	0	VA	0
$800,000 - 899,999	0	0	0	0	0	0	0	0	Assumption	1
$900,000 - 999,999	0	0	0	0	0	0	0	0	Cash	4
$1,000,000 - 2,499,999	0	0	0	0	0	0	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	3	3	1	0	0	91	47	0	Total	7
Grand Totals	7	138

2009 2008 % Change

Total Sold Dollar Volume:	$ 906,600	$ 394,000	130.10 %
Average Sold Price:	$ 129,514	$ 197,000	- 34.26 %
Median Sold Price:	$ 109,900	$ 197,000	- 44.21 %
Total Units Sold:	7	2	250.00 %
Average Days on Market:	86	21	309.52 %
Average List Price for Solds:	$ 155,514	$ 189,500	- 17.93 %
Avg Sale Price as a percentage of Avg List Price:	83.28 %	103.96 %

Total NEW listings:	25
Total Properties Marked Contract:	9
Total Properties Marked Contingent Contract:	6
Total NEW pendings (Contracts + Contingents):	15

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 http://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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DC Congress Heights Real Estate Market Report (Zip code 20032)-March 2009

04-29-09

Lanre "The Real Estate Farmer"Folayan Buy a home in Washington DC

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Office: (202) 378-0283

Mobile: (202) 378-0283

Just like I said in one of my other blogs DC Deanwood Real Estate Market Report ( Zip code 20019)-March 2009 I said that "But as real estate professionals,we always have to report the truth to the public whether good or bad. Well you can say the same for the DC Congress Heights Real Estate Market Report (Zip code 20032).

Homes for sale in DC Congress Heights were 187 days compared to 66 days last year-a 183.33% increase. Average sold price of a house in DC Congress Heights was $120,213 compared to $206,485 this same time last year. 2 out of the 4 houses that sold in DC Congress Heights used a FHA loan. Three of the four houses that sold in DC Congress Heights were on the market 120 days or over.

Here is the rest of the DC Congress Heights (Zip code 20032) for March 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	1	1	0	0	0	7	8	0	1 -30 Days	1
$100,000 - 149,999	0	0	0	0	0	12	11	0	31-60 Days	0
$150,000 - 199,999	0	1	0	0	0	28	17	0	61 - 90 Days	0
$200,000 - 249,999	0	1	0	0	0	24	3	0	91-120 Days	0
$250,000 - 299,999	0	0	0	0	0	14	0	0	Over 120 Days	3
$300,000 - 349,999	0	0	0	0	0	1	0	0	Total	4
$350,000 - 399,999	0	0	0	0	0	3	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	0	0	0
$500,000 - 599,999	0	0	0	0	0	0	0	0	Conventional	0
$600,000 - 699,999	0	0	0	0	0	0	0	0	FHA	2
$700,000 - 799,999	0	0	0	0	0	0	0	0	VA	0
$800,000 - 899,999	0	0	0	0	0	0	0	0	Assumption	1
$900,000 - 999,999	0	0	0	0	0	0	0	0	Cash	1
$1,000,000 - 2,499,999	0	0	0	0	0	0	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	1	3	0	0	0	91	39	0	Total	4
Grand Totals	4	130

2009 2008 % Change

Total Sold Dollar Volume:	$ 480,850	$ 1,032,425	- 53.43 %
Average Sold Price:	$ 120,213	$ 206,485	- 41.78 %
Median Sold Price:	$ 119,900	$ 187,500	- 36.05 %
Total Units Sold:	4	5	- 20.00 %
Average Days on Market:	187	66	183.33 %
Average List Price for Solds:	$ 151,700	$ 208,985	- 27.41 %
Avg Sale Price as a percentage of Avg List Price:	79.24 %	98.80 %

Total NEW listings:	30
Total Properties Marked Contract:	7
Total Properties Marked Contingent Contract:	2
Total NEW pendings (Contracts + Contingents):	9

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 www.buyandsellnewhomes.com. I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com or Twitter http://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