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