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.

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