Thursday, February 26, 2009

Real Estate Round-Up

Significant increases in the number of homes sold in most of our covered jurisdictions...

District of Columbia:


45 homes sold v. 31 the previous week at an average price of $579,390

Arlington:

24 homes sold v. 15 the previous week at an average price of $473,358

Alexandria

31 homes sold v. 19 the previous week at an average price of $321.106

Bethesda

4 homes sold v. 4 the previous week at an average price of $498,500

Wednesday, February 18, 2009

Real Estate Round-Up

Alexandria was a bright spot in the last week with a significant increase in the number of homes sold as well as in the average price.

District of Columbia:

31 homes sold v. 34 the previous week at an average price of $368,700 (significantly lower)

Arlington:

15 homes sold v. 9 the previous week at an average price of $468,488 (slightly lower)

Alexandria:

19 homes sold v. 7 the previous week at an average price of $447,136 (significantly higher)

Bethesda:

4 homes sold v. 8 the previous week at an average price of $418,750 (significantly lower)

Wednesday, February 11, 2009

Real Estate Round-Up

The first week of the month may be the least popular time to settle:

District of Columbia
Sold 34 v. 62 the previous week at an average price of $585,376 (higher price than last week)

Arlington
Sold 9 v. 29 the previous week at an average price of $481,833 (slightly lower price)

Alexandria
Sold 7 v. 23 at an average price of $270,857 (lower price than last week)

Bethesda
Sold 8 v. 8 the previous week at an average price of $682,562 (lower price than last week)

Monday, February 9, 2009

Week Ahead Outlook

There are 213 new listings in the District of Columbia over the last 7 days. The highest priced new listing is in Georgetown at $5.2 million. The second highest priced new listing is in Kent at almost 1 million less: $4.250 million.

There are 79 new listings in Arlington. The highest priced listing is a townhouse listed for $2.795 million at Monument Place.

Wednesday, February 4, 2009

Real Estate Round-Up

Alexandria doubled the number of homes sold in the past week compared to the week prior. Here are all the numbers:

Alexandria:
23 homes sold v. 11 in the prior week. Average sales price: $391,900

D.C.:
62 homes sold v. 39 in the prior week. Average sales price: $534,795

Arlington:
29 homes sold v. 21 the prior week. Average sales price: $488,651

Bethesda:
8 homes sold v. 10 the prior week. Average sales price $1,143,725