Southwest Real Estate Update

The Southwest real estate market in August 2012 showed great improvements over August 2011.  (The information below is deemed reliable but not guaranteed.)

 

August 2012

August 2011

% Change

Sold Dollar Volume

$5,241,862

$2,631,111

99.23%

Avg Sold Price

$275,887

$219,259

25.83%

Median Sold Price

$269,900

$170,000

58.76%

Units Sold

19

12

58.33%

Avg Days on Market

59

117

-49.57%

Avg List Price for Solds

$278,689

$224,142

24.34%

Avg Sale Price to Original List Price Ratio

97%

88.00%

10.48%

Courtesy of Jason Martin, a real estate professional & resident of Southwest.  He may be contacted by phone at (202) 641-0299 or by e-mail at jason@jasonmartingroup.com.

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