These numbers are very telling. The average sold price is up over 11%. Southwest continues to keep pace with some of the top selling markets in DC! Feb-15 Feb-14 %Change Sold Dollar Volume 3,509,000 $4,861,350 -27.82% Avg Sold Price $319,000 $285,962 11.55% Median Sold Price $310,000 $266,500 16.32% Units Sold 11 17 -35.29% Avg Days […]
August Real Estate Report
If you want to know how strong a local market is, just take a look at the days on market. I expect the third and fourth quarters to be just as strong as the first half of the year. Aug-14 Aug-13 % Change Sold Dollar Volume $6,251,550 $9,177,300 -31.88% Avg Sold Price $329,029 $327,761 0.39% Median Sold […]
July Real Estate Report
Often times I get phone calls from potential clients expressing their interest in the Southwest real estate market. I tell them that Southwest is a very competitive market with limited options (take a look at units sold). I then show them the current inventory and the disappointment usually sets in. The reality is that if […]