By Jason Martin
As a local Southwest real estate agent I frequently get asked “How is the Southwest real estate market doing?” D.C. is a unique market because of the many submarkets it has, such as Southwest. I hope that you will find the information below useful as it focuses only on Southwest (ZIP Code 20024).
|
May 2012 |
May 2011 |
% Change |
|
| Sold Dollar Volume | $5,831,000 | $1,797,499 | 224.40% |
| Avg Sold Price | $323,944 | $224,687 | 44.18% |
| Median Sold Price | $315,000 | $183,000 | 72.13% |
| Units Sold | 18 | 8 | 1 |
| Avg Days on Market | 78 | 74 | 5.41% |
| Avg List Price for Solds | $330,739 | $232,711 | 42.12% |
| Avg Sale Price to Original List Price Ratio | 97% | 90.90% | 6.6 |
(The information above provided by MRIS (RBI Intelligence) is deemed reliable but not guaranteed.)
Jason Martin is real estate professional who lives in Southwest. For more information, call (202) 641-0299 or email jason@jasonmartingroup.com.