If you have been following our monthly updates you will quickly realize that Southwest has been and continues to be on an upward climb. I believe the numbers this month tell the story. March 2015 March 2014 %Change Sold Dollar Volume $7,72,600 $5,432,800 43.07% Avg Sold Price $370,124 $319,576 15.82% Median Sold Price $320,000 $305,000 […]
February Real Estate Report
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 […]
December Real Estate Report
If you have been following our monthly updates you will quickly realize that SW has been and continues to be on an upward climb. I believe the numbers this month tell the story. Dec-14 Dec-13 %Change Sold Dollar Volume $7,694,876 $6,355,000 21.08% Avg Sold Price $334,560 $334,474 0.03% Median Sold Price $282,000 $282,000 0.00% Units […]
November Real Estate Report
Take a close look at the average sold price compared to the average list price. If you have been watching this number closely over the last year, you will notice that the number is typically north of 96 percent. That is a very impressive trend that I expect will continue well into 2015. Enjoy the […]
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 […]
June Real Estate Report
Much like the stock market, property values can go up and down. If you have been following our monthly updates, you will quickly realize that Southwest has been and continues to be on an upward climb. I believe the numbers this month tell the story. If you are thinking about buying or selling call us […]