Wow! October proved to be a very strong market for 20024 zip code. The average sold price is up 86.42% over October 2011 (keep in mind this is not an annual stat but rather a snap shot of the trend from the same month previous year). Markets can be tracked and SW is really trending in a positive direction. (The information below is deemed reliable but not guaranteed.)
October 2012 | October 2011 | % Change | |
Sold Dollar Volume | $5,264,000 | $2,017,000 | 160.98% |
Avg Sold Price | $376,000 | $201,700 | 86.42% |
Median Sold Price | $330,000 | $182,000 | 81.59% |
Units Sold | 14 | 10 | 40.00% |
Avg Days on Market | 39 | 61 | -36.07% |
Avg List Price for Solds | $379,814 | $196,490 | 93.30% |
Avg Sale Price to Original List Price Ratio | 98% | 101.30% | -2.94% |
–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.