DC Market Update 10/15/07 - Oct 15 06:48 AM
Current Number of Homes Active and Under Contract:
Here is the breakdown as of October 15, 2007
The number of homes for sale have increased greatly in the past few weeks. While some increase is generally expected prior to the slow down of the winter months; current home inventory levels in most areas are the highest they have been all year.
Here are the number of homes on the market including the number of homes that were ...
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Will Interest Rates Drop? Now may be the time to buy! - Sep 15 10:11 PM
There has been much talk lately that the FED's cut next week will be from 1/2 to as much as 1 percent. While the FED'd rate does not equate to mortgage rates; it does sometime help boost mortgage back securities which may in fact help Interest rates.
This could mean a slight drop in mortgage interest rates as well as a boost; probably short-term; in the stock market. Also credit interest rates should see a drop and overall, borrowing of money ...
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DC Homes For Sale - Dec 28 09:52 AM
Here are the current Single Family (non-condo) homes for sale in some of the Washington DC neighborhoods.
As you can see; Capitol Hill has the most number of Homes for sale in the (close to downtown) areas. Capitol Hill remains an area where many want to live because of its proximity to not only our Nations Capitol, but Eastern Market, Union Station and Metro Stops.
Dupont Circle; currently has little of offer someone not looking for a condo.
Search ...
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Who hit the brakes on the DC Real Estate Market in September? - Nov 07 12:13 PM
The Real Estate market seemed to hit a rather large bump in the road. Overall, the market in DC has avoided any real downturns this year; until September.
Washington DC Real Estate sales slowed in September after a pretty fair run. Below is the year in Summary:
While the Average Price Sold is was only down 3.65% from 2007; The number of homes sold took a significant hit. The % Sales Price - shows at what % of ...
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Washington DC; Current Home Inventory - March '08 - Mar 16 09:37 AM
March Update.... It is a Buyer's Market or a Seller's Market?
How does one know if there are more buyers than sellers? REALTORS look at a couple of different pieces if data. The number of homes on the market; how many homes are selling and the average days a home sits on the market.
A "Balanced Market" is considered to be when there is about a 6-month supply of homes on the market. If there are less homes ...
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Washington, DC : Market Report for February - Mar 16 09:14 AM
The month of January had mixed results around the DC Metro area.
Washington DC and Montgomery County saw an Average Sold Price, higher than it was for last February. Prince Georges saw the average sold price fall quite a bit, due to such a high inventory of homes for sale.
Number of Homes Sold; continues to be significantly lower than the same time last year.
DAYS on the Market; shows how many days it is taking to sell a home. Arlington County has ...
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Now That the Housing Crisis is Over... - May 12 01:58 PM
I thought you folks out there might enjoy a little post-housing crisis market report. Here is a break down on post-crisis sales in Northwest D.C. for the month of May thus-far:
49 single family homes have closed since May 1, 2008 in NW D.C.
The average list price was $1,053,714 and the median list price was $869,500
The average sales price was $1,012,558 and the median sales price was $853,500
The average list price to sales ...
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Washington, DC : Market Update 5/5/2008 - May 05 12:45 PM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of May 5th, 2008
Home inventories dipped this week; as many homes "EXPIRED" or came off the market because their listing agreements ended. Many will return to the market next week.
example: Single Family Homes in DC; 14 LESS on market from last week, but 65 "expired" - in reality 51 new listings came on the market.
Washington DC
Single Family: Actives: 1961 (Down 14 from last week) Expired: 65 Under Contract: ...
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Washington DC; Single Homes For Sale - Mar 13 02:06 PM
Here are current number of Single Family Homes (Detached/Row Houses/NON-Condos); for sale in some of the popular Washington DC Neighborhoods. While there are a few homes/Mansions with 5-10 bedrooms on the market in some areas; This chart only represents 2, 3, and 4 bedroom homes.
This data is broken down by zip code:
For a list of homes for sale in other parts of the Metro Washington DC area; contact me for the information. Information is always Free!
Call ...
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Washington DC Market Report for December - Jan 19 11:14 AM
The month of December had mixed results around the DC Metro area.
Most areas (inside the beltway) saw an Average Sold Price, higher than it was for last December. The exception being Prince Georges County, where the average sold price continues to fall due to such a high inventory of homes for sale.
Number of Homes Sold; continues to be lower than last year. In fact only DC and Arlington had positive numbers (in the Spring) for any month ...
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Swimming Pool Homes in Washington, DC - Jun 28 11:59 AM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2007 Gregory D. Maley
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Waterfront Homes in Washington, DC - Jun 28 10:49 AM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2007 Gregory D. Maley
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Washington, DC : Market Update 4/28/2008 - Apr 28 06:59 PM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of April 28th, 2008
The inventories are most notable increased in Prince George County; where a record number of homes are currently For Sale. Single Family Homes in the District are also at multi-year highs.
With about 8 weeks to go until we hit the typical yearly "peak"; there are a great many choices available for Home Buyers in the DC ...
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Washington, DC : Market Update 4/14/2008 - Apr 14 03:15 PM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of April 14th, 2008
In most of the areas in the DC area; the number of homes on the market is at the highest point of the year so far. This should continue through the end of June.
example: Single Family Homes in DC; 74 more on market from last week, but 28 "expired" - in reality 102 new listings came on the market.
Washington DC
Single Family: Actives: 1923 ...
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Washington, DC : Market Update 2/18/2008 - Feb 20 08:51 PM
Washington, DC : Market Update 2/18/2008
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of February 18th, 2008
In the Washington DC area, The number of Homes on the market continues to increase and should continue to increase until early July.
The Washington DC Real Estate Market; also is seeing an increase in the number of homes 'Under Contract' or 'Pending'. How this will play into going into spring; it yet to be seen.
Here ...
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DC Condo-Coop Market: Is it turning around? - Feb 08 06:10 PM
The Greater Capital Area Association of REALTORS (GCAAR) released the market statistics for January 2008 today. The Condo and Co-op market report shows that the average price of condos and co-ops in the District of Columbia rose to $427,651. The average price of condos and co-ops in DC was $405,271 in 2007 and $406,501 in 2006.
Is this the beginning of a market turn-around? Only the next few months will tell.
As for our practice, we were far ...
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Washington DC Rental Properties - Jan 31 04:36 PM
Rental Properties in DC are quite popular; yet remain rather expensive.
Here is a breakdown for 1 and 2 bedroom Rentals in some of the Popular DC Neighborhoods (breakdown by Zip code):
Neighborhood 1 Bedroom 2 Bedroom
# Listed in MLS Ave Monthly Rent # Listed in MLS Ave Monthly Rent
Dupont Circle (20036) 4 $1994 0 n/a
Capitol Hill (20003) 6 $1889 6 $2455
SW/Waterfront (20024) 10 $1564 5 $2630
Logan Circle (20005) 7 $2240 5 $3014
Brookland (20017) 3 $1320 1 $1700
Cleveland Park ...
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Swimming Pool Homes in Washington, DC - Jan 02 03:05 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2008 Gregory D. Maley </div
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Waterfront Homes in Washington, DC - Dec 27 04:28 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2007 Gregory D. Maley
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Swimming Pool Homes in Washington, DC - Dec 27 04:10 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2007 Gregory D. Maley
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Swimming Pool Homes in Washington, DC - Dec 20 03:21 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2007 Gregory D. Maley
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Waterfront Homes in Washington, DC - Dec 20 02:54 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2007 Gregory D. Maley
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Waterfront Homes in Washington, DC - Dec 14 02:34 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2007 Gregory D. Maley
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Evaluating the Accuracy of Predictions - Dec 12 04:05 PM
I came across this December 2006 article in Business Week that forecasted the 2007 real estate market. Washington, DC, was predicted to have a median price drop of 4.8%.
It got me wondering how accurate last year's predictions were. It's a turbulent market, still coming off one of the biggest runups in history. Of course the year's not over yet, but I pulled some stats from MRIS to get a baseline, and extracted data from the MLS ...
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Waterfront Homes in Washington, DC - Dec 04 03:32 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2007 Gregory D. Maley
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Swimming Pool Homes in Washington, DC - Dec 04 02:29 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2007 Gregory D. Maley
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DC Market Update 10/29/07 - Nov 07 09:07 PM
Current Number of Homes Active and Under Contract: Here is the breakdown as of November 5th, 2007-- The end of October saw a large number of homes Expire and come off the market. Because of this; most inventory levels dereased. Whether or not they are re-listed and return to the market will be determined in the coming weeks.Here are the number of homes on the market including the number of homes that were taken "OFF" the ...
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Interest Rates Update... - Sep 08 03:25 PM
When talking about Interest Rates; BAD News is GOOD News.
HUH? Basically when the economy gets bad news - Interest Rates tend to decline. When the economy get good news - rates generally climb.
This week the August job report came out and showed a 4,000 job loss. The Dow Jones dropped 250 points - and the FED may have to act and drop Interest Rates to try and head off a possible recession. Also, Rep. Barney Frank, D-Mass., ...
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Waterfront Homes in Washington, DC - Jun 20 06:10 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 Email: Gregory@GregoryMaley.com (c)2004 Hobbs/Herder (kml)
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Swimming Pool Homes in Washington, DC - Jun 20 05:28 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 Email: Gregory@GregoryMaley.com (c)2004 Hobbs/Herder (kml)
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Washington, DC : Market Update 4/21/2008 - Apr 21 09:52 AM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of April 21st, 2008
The number of properties continues to increase throughout the Washington DC area. Most notably in Prince Georges County; where there is currently a record number of homes for sale - 45-50% MORE than this same time last year.
Inventories inside the District and Arlington County are higher than last year by 10-20%.
example: Single Family Homes in DC; 33 more on market from ...
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Washington, DC : Market Update 4/7/2008 - Apr 07 01:45 PM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of April 7th, 2008
With over 650 Homes "Expiring" or coming off of the market last week; some area are showing a decrease in inventory. Expect to see most of these homes returning to the market place this week; hopefully with price reductions for the Buyers out there seeking the best deals
example: Single Family Homes in DC; 24 less on market from last week, ...
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Washington, DC : Market Update 3/10/2008 - Mar 10 10:16 AM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of March 10th, 2008
Typically the number of homes for sale in the Spring Market "PEAK" at the end of June. IN most areas of Washington DC; the current inventory is already above the 2007 "peak".
Expect to see a larger inventory of homes this spring vs. last spring. Properly pricing and staging your home will be essential for a quick sale ...
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Washington, DC : Market Update 3/04/2008 - Mar 04 10:42 AM
Current Number of Homes Active and Under Contract in the Washington DC area: Here is the breakdown as of March 4th, 2008The Washington DC Real Estate Market; does have a considerably larger inventory this year; comparedto the same time last year. Last week we saw inventories dip slightly. Here are the number of homes on the market including the number of homes that were taken Off (EXPIRED) the market last week. example: Single Family Homes in Arlington; 3 more on market from last week, ...
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Washington, DC : Market Update 2/11/2008 - Feb 11 11:39 AM
Washington, DC : Market Update 2/11/2008Current Number of Homes Active and Under Contract: Here is the breakdown as of February 11th, 2008In the Washington DC area, Homes for sale; continue to placed onto the market. Inventories are increasing as a prelude to the Spring Selling season. Inventories should continue to increase until early July.While Inventories are slightly higher than last year in Arlington and the District; Prince Georges county, continues to have a near-record inventory level; (about 80% higher than the ...
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Swimming Pool Homes in Washington, DC - Feb 02 02:16 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email
Gregory D. Maley Coldwell Banker Residential Brokerage - Chevy Chase 5028 Wisconsin Avenue, NW • Washington, DC 20016 Direct: 202.528.0495 • Office: 202.362.5800 Fax: 202.478.1735 (c) 2008 Gregory D. Maley
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Washington, DC : Market Update 1/28/2008 - Jan 28 10:02 AM
Washington DC Market Update 1/28/2008Current Number of Homes Active and Under Contract: Here is the breakdown as of January 28th, 2008Most areas are seeing an INCREASED number of properties UNDER CONTRACT. With lower Interest Rates; more buyers seem to heading into the market.Here are the number of homes on the market including the number of homes that were taken Off (EXPIRED) the market last week. example: Single Family Homes in DC; 5 more on market from last week, but 17 "expired" - ...
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DC Market Update 1/21/2008 - Jan 21 10:00 AM
DC Market Update 1/21/2008Current Number of Homes Active and Under Contract: Here is the breakdown as of January 21st, 2008The number of Active Properties have started to Increase a bit sharper compared to this same time period last year. Most likely many of the "Expired" listings from the end of '07 - are returning to the marketplace - many with new/lower prices and more buyer incentives.Here are the number of homes on the market including the number of ...
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Waterfront Homes in Washington, DC - Jan 15 02:37 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email
Gregory D. Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2008 Gregory D. Maley
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Swimming Pool Homes in Washington, DC - Jan 15 01:28 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email
Gregory D. Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2008 Gregory D. Maley
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Waterfront Homes in Washington, DC - Jan 08 01:37 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email
Gregory D. Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2008 Gregory D. Maley
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Swimming Pool Homes in Washington, DC - Jan 08 12:57 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory D. Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2008 Gregory D. Maley
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DC Market Update 1/7/2008 - Jan 07 08:57 AM
DC Market Update 1/7/2008Current Number of Homes Active and Under Contract: Here is the breakdown as of January 7th, 2008Home Inventory (Number 'Active') continues to decrease; mostly due to the number of "EXPIRED" Listings; which was VERY high.Many of these homes will return to the market place next week; yet others will most likely stay off until spring.Here are the number of homes on the market including the number of homes that were taken Off (EXPIRED) the market ...
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DC Market Update 12/31/07 - Dec 31 09:41 AM
DC Market Update 12/31/07Current Number of Homes Active and Under Contract: Here is the breakdown as of December 31st, 2007The Home Inventory (Number 'Active') continues to decrease; especially this week. The number of "EXPIRED" Listings was quite large.With the exception of Washington DC; Home Inventories remain higher than the same time last year.Here are the number of homes on the market including the number of homes that were taken Off (EXPIRED) the market last week. example: Single Family Homes in DC; ...
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DC condos on the market - Dec 28 09:36 AM
The number of condos for sale in Washington DC are highest in the Adams Morgan area of DC. A popular area of the city; close to many restaurants and nightlife spots. It is also an area where parking can be a bit (or ALOT) scarce.Dupont Circle; offering its close Proximity to Downtown and a Metro Stop right in the heart of the area; has the lowest number of condos for sale. Search for Homes in Washington DC DC ...
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DC Market Update 12/17/07 - Dec 17 12:02 PM
DC Market Update 12/17/07Current Number of Homes Active and Under Contract: Here is the breakdown as of December 17th, 2007The Home Inventory (Number 'Active') continues to decrease; but at a rate that is slower than seasonal norms.The number of homes 'Pending' or under contract is at or near 2+ year lows. Perhaps the cold weather in the DC area are keeping buyers at home. Here are the number of homes on the market including the number ...
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What is the Average List Price for a DC condo? - Dec 15 10:42 AM
As with every city; the cost of a home varies greatly by neighborhood. Here is a breakdown by Zip Code (and the Neighborhood).
As you can see; Cleveland Park and Adams Morgan tend to be where the more expensive condos are for sale; with Brookland and SW DC, being the more inexpensive areas.
*This chart and data is based on current information as of December 15,2007
Search for Homes in Washington DC DC Real Estate News
Call James for all your Real ...
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How did November compare in the DC Real Estate Market? - Dec 10 09:54 AM
The month of November had mixed results around the DC Metro area. Most areas (inside the beltway) saw an Average Sold Price, higher than it was for last November. The exception being Prince Georges County, where the average sold price continues to fall due to such a high inventory of homes for sale.Number of Homes Sold; continues to be lower than last year. In fact only DC and Arlington had postive numbers (in the Spring) for any ...
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DC Market Update 12/10/07 - Dec 10 08:50 AM
Current Number of Homes Active and Under Contract: Here is the breakdown as of December 10th, 2007Only minor changes in the number of properties on the market this week. In all 3 areas; the number of homes "pending" or "under contract" is near the lowest point for the year. (Normal for December)In Arlington and Washington DC; the number of homes on the market CONTINUES to be very close to the number on the market at this same time LAST year. ...
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DC condos on the market - Dec 05 12:40 PM
Below you can see the current number of Condos Active on the Market in some of the popular Washington DC Neighborhoods.While the Logan Circle/Shaw area has a great many 2 bedroom units available; most areas have the majority of condos available as 1 bedroom units. Of course 3 bedroom condos are always the hardest to find (and the most expensive. Search for Homes in Washington DC DC Real Estate NewsCall James for all your Real Estate needs and ...
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Washington DC Condo Report - Dec 05 11:09 AM
Washington DC is still a very desirable place to live and yes, it is an expensive city. Condos remain quite popular throughout the Washington DC area.Here is a summary of the condos in Washington DC:Current number of condos on the market: 1,236Average SOLD price for a condo (Nov): $348,413Expect to pay....Example prices by Neighborhoods:Dupont Circle: Studio: $250,000+ 1 Bedroom: $350,000+ 2 Bedroom: $500,000+Logan Cirlce: Studio: $225,000+ 1 Bedroom: $375,000+ 2 Bedroom: $550,000+SW/ Waterfront: Studio: $220,000+ 1 Bedroom: $280,000+ 2 ...
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Economy.com Predicts Increased Sales in DC - Dec 04 01:37 PM
"To find those areas which are expected to experience increased sales, Forbes paired with Moody's Economy.com to research current home sales patterns and sales projections in the country's 40 biggest real estate markets. Based on models that estimated 2008 housing inventory, sales rates and turnover, they arrived at a list of markets that are experiencing price stalls or declines, but where over the coming year are expected to provide deals for buyers. The results turn out ...
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DC Market Update 11/26/07 - Nov 26 09:32 AM
Current Number of Homes Active and Under Contract: Here is the breakdown as of November 26th, 2007In Arlington and Washington DC; the number of homes on the market is very close to the number on the market at this same time LAST year. (DC condos - 6 less on the market that same time last year).The exception - Prince Georges County - where the number of Single Family homes is 2680 or 68% HIGHER this year ...
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What's Selling - DC - Logan/Mt Vernon Square Neighborhoods - Nov 19 02:09 PM
Properties that sold 11/12 - 11/18ADDRESS: LIST PRICE CLOSE PRICE DAYS ON MARKET1402 SWANN ST NW #5 $599,000 $580,000 1141625 16TH ST NW #303 $519,900 $520,000 1771715 15TH ST NW #201 $550,000 $530,000 61910 M STREET NW #620 $509,900 $515,000 681441 RHODE ISLAND AVE NW #302 $634,900 $644,000 301703 13TH ST NW #2 $639,900 $633,000 1021437 RHODE ISLAND AVE NW #110 $529,900 $505,000 331330 CORCORAN ST NW #3 $769,000 $739,750 211531 P ST NW ...
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Glover Park Market Statistics - Nov 14 11:28 AM
Yesterday, I told you all about my neighborhood of Glover Park. Today, I am giving you an idea of what your money can buy you in Glover Park. Here are sales statistics for Glover Park for the past 30 days. Of course, there are many things listed above these asking prices, but they are not selling. These statistics reflect only the homes that are actually selling in Glover Park. As we have talked about before, they must ...
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DC Market Update 11/12/07 - Nov 12 08:46 AM
Current Number of Homes Active and Under Contract: Here is the breakdown as of November 12th, 2007-- As somewhat expected - Prince Georges County breaks the seasonal norms; by seeing a significant increase in the number of properties come on the market. Many of these were homes that expired last week.The # Under contract in Prince Georges County are at the LOWEST numbers in over 2 years; while the number Active or For Sale is near ...
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Neighborhood Spotlight: Dupont Circle - Nov 06 12:05 PM
Here are sales statistics for Dupont Circle for the past 30 days:
Size Avg List Price Avg Sales Price Avg Subsidies Avg Days on Mkt
Studio $237,075 $235,850 $4,724 32 Days
1 BR $322,160 $322,650 $2,483 19 Days
2 BR $736,143 $735,785 $2,796 47 Days
3 BR $915,000 $900,000 $35,000 91 Days
4 BR $795,000 $795,000 $0 17 Days
5 BR $899,000 $919,000 $2,000 7 Days
...
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Details on October DC Sales With Emphasis on Georgetown - Nov 01 11:39 AM
October 2007 - DC (Actually 9/30 - 10/30)
Fee Simple - Total properties coming under contract were 303. Following are the companies with the greatest number listed:
LNF - 82
CBRB 43
WFP 15
TTRS 12
Condo/Co-op - Total properties coming under contract were 270. Following are the companies with the greatest number listed:
LNF 57
CBRB 37
WFP 3
TTRS 14
Million+ Listings - Total properties coming under contract were 48. Following are the companies with the greatest number listed:
LNF 11
WFP 10
CBRB 5
TTRS ...
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Washington, DC September Housing Statistics - Oct 16 06:52 AM
The recently released housing statistics for August show that listings for both Washington, DC single family homes and condos are up significantly from August while sales are down slightly. There are some significant differences in the single family and condo markets. Inventory was at a yearly high for single family homes, while condo inventory was higher last fall. The average and median prices for single family prices continue to climb ($689,766 average and $533,450 ...
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DC Market Update 9/17/07 - Sep 17 08:54 AM
Current Number of Homes Active and Under Contract: Here is the breakdown as of Sept 17th, 2007Overall in the Washngton DC area the number of homes For Sale, are following the normal seasonal trends. The number of "Active" properties has increased as home owners try to sell before winter and the holiday season arrive.Here are the number of homes on the market including the number of homes that were taken "OFF" the market last week. example: ...
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DC Market Update 9/3/07 - Sep 03 09:57 AM
Current Number of Homes Active and Under Contract:Here is the breakdown as of Sept 3rd, 2007Overall in DC area the number of homes For Sale, are following the normal seasonal trends. While the number of "Active" properties has dropped; because so many other homes have either been taken off the market or have had their listings expired; the real story is an increase in number of "new listings".example: Single Family Homes in DC; 108 less on market ...
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DC Market Update 8/27 - Aug 27 08:24 AM
Current Number of Homes Active and Under Contract:Here is the breakdown as of Aug 27,2007 Washington DCSingle Family: Actives: 1671 (Up 41 from last week) Under Contract: 427Condos: Actives: 1360 (Up 49 from last week) Under Contract: 513 Arlington CountySingle Family: Actives: 533 (Down 3 from last week) Under Contract: 119Condos: Actives: 513 (Up 10 from last week) Under Contract: 170 Prince Georges CountySingle Family: Actives: 6524 (Up 103 from last week) Under Contract: 660Condos: Actives: 802 (Up 22 from last week) Under Contract: 145 Home Inventories are starting an early increase as the summer ...
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Home Inventory - The Good - Bad - and UGLY - Aug 20 11:49 AM
Here is the breakdown as of Aug 20,2007 Washington DCSingle Family: Actives: 1630 (Up 4.89% from same time last year) Under Contract: 448Condos: Actives: 1311 (Down 13% from same time last year) Under Contract: 544 Arlington CountySingle Family: Actives: 536 (Down 14.65% from last year) Under Contract: 128Condos: Actives: 503 (Down 28.55% from last year) Under Contract: 185 Prince Georges CountySingle Family: Actives: 6421 (Increased 71.04% from last year) Under Contract: 726Condos: Actives: 780 (Increased 77.27% from last year) Under Contract: 152 Home Inventories are coming more ...
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Interest Rates Jump. Unfortunate, not Catastrophic. - Aug 15 12:04 PM
I'll be writing on this quite a bit, and I'll start off by saying that, as regular readers know, I do NOT think recent interest rate jumps are the end of the world. I'll get to why in a bit, but first, a recap.Last week, large mortgage lender American Home Mortgage shut its doors. That made the markets very panicky and led to an increase in rates for two specific loan types: "Jumbo" and 2nd trusts. ...
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DC Market Update 1/14/2008 - Jan 15 02:46 AM
DC Market Update 1/14/2008Current Number of Homes Active and Under Contract: Here is the breakdown as of January 14th, 2008As TYPICAL for the couple of weeks after New Years- Home Inventory (Number 'Active') jumped quite a bit; as many of the over 900 "EXPIRED" listings from last week; have re-listed their properties.Here are the number of homes on the market including the number of homes that were taken Off (EXPIRED) the market last week. example: Single Family ...
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DC Market Update 12/24/07 - Dec 24 08:42 AM
DC Market Update 12/24/07Current Number of Homes Active and Under Contract: Here is the breakdown as of December 24th, 2007The Home Inventory (Number 'Active') continues to decrease; but at a rate that is slower than seasonal norms.The # of condos on the market in DC and Arlington - are very close to last year numbers.Single Family Home Inventory remains a bit heavy for this this time of year. Here are the number of homes on the market ...
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Foreclosure Risks - Part II: Unpredictable Transaction Timing - Mar 19 09:41 AM
I’m often asked about the risks involved with buying a foreclosure. This is the second post in a series of as-yet-undetermined size. (Have a question on the risks? Contact me.) The first post on REO Bank Addendums covered the all encompassing risk—the risk that the bank can basically do whatever they want, including walking away at any time with no penalty, if you’re not very careful with what you sign. That addendum always includes one or ...
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Should someone buy a home if they knew it would have 0% appreciation? Discuss. - Nov 19 09:51 AM
Alternative Title: What if 2007 IS the turnaround we've been waiting for?
Every day I read real estate market articles that fall into two categories:
1. Focused on the Present: The bubble has popped and the market is crashing. These are especially annoying when they include graphs showing the downturn. Where were all these articles in late 2004 and early 2005 heading up to the peak of the market (at least in DC)? Jon Zolsky had ...
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2008 Regional Outlook: "Fundamentals Sound" - Dec 12 02:17 PM
George Mason University has updated their 2008 Outlook for the Washington, DC, metro area. It’s fairly consistent with previous presentations (perhaps slightly more positive, in my opinion.) Here are the key findings:
Local job market continues to be very strong, with Washington, DC, having the lowest unemployment rate of the largest 15 job markets (US average = 4.4%, DC = 3.1%.) (See slide 5.) As I have commented here before, the job market is ...
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2007 Northern Virginia and DC Real Estate Forecast.... - Feb 20 03:11 PM
There is one question I get asked weekly by people from around the country, "What's going to happen in the real estate market next year? Should I buy now or wait?" Well based on my experience the last 12 months and a lot of research I've done I have much to proffer on the issue. My previous post noted how much inventory had declined since the peak in March 2006. Well I just pulled the November ...
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Waterfront Homes in Washington, DC - Jan 26 05:24 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email
Gregory D. Maley Coldwell Banker Residential Brokerage - Chevy Chase 5028 Wisconsin Avenue, NW • Washington, DC 20016 Direct: 202.528.0495 • Office: 202.362.5800 Fax: 202.478.1735 (c) 2008 Gregory D. Maley
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Waterfront Homes in Washington, DC - Jan 02 04:21 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2008 Gregory D. Maley
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Swimming Pool Homes in Washington, DC - Dec 14 03:08 PM
Home | Meet Gregory | Listings | Relocating | Special Reports | Community Info | Email Gregory Maley Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 • Upper Marlboro, MD 20774 Direct: 202.528.0495 • Office: 240.737.8119 Fax: 202.478.1735 • Toll Free: 877.217.2153 (c) 2007 Gregory D. Maley
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