March 2013 statics were not bad but March 2014 numbers were quite amazing in contrast. Demand is very high for properties in SW, with the Wharf signs firmly anchored down this is a trend that will likely continue. If you have considered selling a home in SW give us a call at 202-641-0299 or email us at jason@jasonmartingroup.com. You might be surprised at the value of your home.
20004 March 2014 March 2013 % of Change
Sold Dollar Volume $ 5,432,800 $3,449,177 57.51%
Avg Sold Price $319,576 $246,370 29.71%
Med Sold Price $305,000 $224,888 35.62%
Units Sold 17 14 21.43%
Avg Days on Market 21 73 -71.23%
Avg LP for Solds $319,664 $257,112 24.33%
Avg SP to OLP Ratio 97.3% 90.9% 6.97%