Looking at a leading indicator, the number of ratified contracts to sell homes, the spring looks stronger:
District of Columbia
The District has 568 homes under ratified contract on today's date. The highest list price under contract is $4.35 million in Georgetown. The lowest price is $41,000 in Southeast.
Arlington
There are 140 homes under contract in Arlington today. They range in price from $80,000 to $2.8 million.
Alexandria
Alexandria has 148 homes under ratified contract as of this date. The highest list price under contract is $2.4 million. The lowest list price under contract is a condo at $72,900.
Bethesda/Chevy Chase
There are 115 homes under contract in Bethesda/Chevy Chase with the highest listing at $2.899 million. The lowest price listing comes in at $399,000. Interestingly, both the highest and the lowest priced are condominiums.
Thursday, April 16, 2009
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