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Susan Isaacs

DC's Real Estate Market: It's A Little Crazy Out There!

03-12-12
Susan Isaacs

DC real estate market Susan Isaacs, Realtor

DC's Real Estate Market: It's A Little Crazy Out There!

If you've been house hunting lately, you know there's a lot of activity in the DC market... and more than a few buyers competing for the same properties.

RBI released their February market data to few raised eyebrows. More robust than January, which saw buyers jumping in to the market wholeheartedly.

And that DC inventory shortage you've been hearing about? So true. Especially condos.

RBI reports median prices rose 6% and inventory dipped to its lowest level since 2005. Contracts are up 1.9% too, so expect inventory levels to slip again in the March report (due April 10th). There haven't been this many contracts in February since 2007.

READ MORE!

Northern Virginia Real Estate Market Update

03-12-12
Susan Isaacs

Northern Virginia Real Estate Market Update

Northern Virginia

February 2012 Real Estate Market Statistics for

Alexandria City, VA

Detailed Report

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$54,478,243

-6.64%

+26.62%

Closed Sales

119

-13.77%

+14.42%

Median Sold Price

$410,000

+4.33%

+4.19%

Avg Sold Price

$457,800

+8.26%

+10.66%

Avg Days on Market

85 days

+3.66%

-5.56%

Avg Sold to Orig List Ratio

94.64%

+1.05%

-0.19%

February 2012 Real Estate Market Statistics for

Arlington County, VA

Detailed Report

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$92,626,037

+32.65%

+35.9%

Closed Sales

171

+26.67%

+40.16%

Median Sold Price

$480,000

+8.72%

-6.52%

Avg Sold Price

$541,673

+4.73%

-3.04%

Avg Days on Market

78 days

+9.86%

+1.3%

Avg Sold to Orig List Ratio

95.67%

+0.82%

+0.28%

February 2012 Real Estate Market Statistics for

Fairfax County, VA

Detailed Report

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$318,313,959

+2.68%

+8.78%

Closed Sales

736

+2.08%

+12.37%

Median Sold Price

$362,500

+1.4%

-1.36%

Avg Sold Price

$432,492

+0.59%

-3.19%

Avg Days on Market

73 days

-5.19%

-8.75%

Avg Sold to Orig List Ratio

95.86%

+0.55%

+1.14%

February 2012 Real Estate Market Statistics for

22066 Great Falls, VA

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$12,017,500

-25.15%

-30.71%

Closed Sales

10

-9.09%

-37.5%

Median Sold Price

$945,000

-28.68%

+9.57%

Avg Sold Price

$1,201,750

-17.67%

+10.86%

Avg Days on Market

120 days

-16.67%

-31.03%

Avg Sold to Orig List Ratio

92.42%

+1.56%

+4.48%

February 2012 Real Estate Market Statistics for

22101 Mc Lean, VA

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$17,077,000

-10.22%

-23.35%

Closed Sales

16

-11.11%

-30.43%

Median Sold Price

$845,000

-2.14%

+11.11%

Avg Sold Price

$1,067,313

+1%

+10.18%

Avg Days on Market

163 days

+24.43%

+30.4%

Avg Sold to Orig List Ratio

91.83%

-3.45%

-2.29%

February 2012 Real Estate Market Statistics for

22201 Ashton Heights/Clarendon, VA

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$17,191,700

+44.54%

+62.19%

Closed Sales

32

+39.13%

+113.33%

Median Sold Price

$489,500

-0.81%

-12.59%

Avg Sold Price

$537,241

+3.89%

-23.97%

Avg Days on Market

58 days

-30.95%

-22.67%

Avg Sold to Orig List Ratio

96.1%

+1.55%

-1.24%

February 2012 Real Estate Market Statistics for

22203 Ballston, VA

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$3,326,500

-52.21%

+53.34%

Closed Sales

9

-35.71%

+12.5%

Median Sold Price

$395,000

-17.71%

+63.93%

Avg Sold Price

$369,611

-25.66%

+36.31%

Avg Days on Market

115 days

+19.79%

-36.11%

Avg Sold to Orig List Ratio

94.21%

+0.88%

+6.96%

SEE MORE

NEW D.C. REAL ESTATE MARKET STATS!

03-12-12
Susan Isaacs

DC real estate market update

New D.C. Real Estate Market Stats

Market Stats February 2012 (available March 10 2012)

February 2012 Real Estate Market Statistics for

DC Metro

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$973,757,590

+5.2%

+4.73%

Closed Sales

2,507

+1.87%

+7%

Median Sold Price

$317,900

+5.97%

+2.55%

Avg Sold Price

$388,415

+3.27%

-2.12%

Avg Days on Market

85 days

0%

-1.16%

Avg Sold to Orig List Ratio

93.75%

+0.73%

+0.82%

February 2012 Real Estate Market Statistics for

Washington D.C.

Detailed Report

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$207,768,228

+21.02%

+2.38%

Closed Sales

414

+12.2%

+7.53%

Median Sold Price

$398,500

+10.69%

+6.27%

Avg Sold Price

$501,856

+7.86%

-4.79%

Avg Days on Market

74 days

-19.57%

-3.9%

Avg Sold to Orig List Ratio

95.07%

+2.91%

+1.17%

February 2012 Real Estate Market Statistics for

20001 Howard U./Shaw, DC

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$16,976,699

+45.23%

-1.58%

Closed Sales

38

+35.71%

+5.56%

Median Sold Price

$447,500

+22.3%

-0.83%

Avg Sold Price

$446,755

+7.01%

-6.76%

Avg Days on Market

60 days

-11.76%

+15.38%

Avg Sold to Orig List Ratio

98.07%

+5.37%

+1.11%

February 2012 Real Estate Market Statistics for

20002 Capitol Hill/North, DC

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$17,077,554

+1.12%

-5.65%

Closed Sales

41

-12.77%

-14.58%

Median Sold Price

$395,000

+8.22%

+28.46%

Avg Sold Price

$416,526

+15.92%

+10.46%

Avg Days on Market

47 days

-16.07%

-33.8%

Avg Sold to Orig List Ratio

95.57%

+2%

-1.02%

See more

Contact me for a personalized market report:

Susan Isaacs

Email: susanisaacsrealtor@ gmail.com

Cellular: 440-533- 5113

Coldwell Banker Residential Brokerage

1606 17th Street NW DC 20009