• Skip to main content

Express Homebuyers

We Buy Houses in Virginia, Maryland, Washington DC, and Florida

What February 2011 Real Estate Statistics Mean for Home Owners in Washington D.C.

by bchandler on 5:06 pm

EXPRESSHOMEBUYERS
Over 4,000+ Homes Purchased Since 2003
☰
  • Why Are You Selling? 🏡
    • You inherited A Home
    • You Want To Avoid Massive Repairs
    • You want to Sell Your Rental Property
    • You Need Cash Fast
    • You Need To Relocate and Sell Your Home Fast
    • You Want to Avoid Foreclosure
  • Free Resources
  • About Us

What February 2011 Real Estate Statistics Mean for Home Owners in Washington D.C.

 

Tell us about your home and
get your fair cash offer in 7 minutes!

Get Your Cash Offer Today
Washington DCFeb-2011Feb-2010% Change
Avg Sold Price$465,272$444,6014.65%
Median Sold Price$360,000$335,0007.46%
Units Sold3693690.00%
Avg Days on Market928015.00%
Avg Sold Price to List Price92.4%94.0%-1.73%
Active Listings2,1982,349-6.43%
New Listings700719-2.64%
New Pendings55545422.25%

What do these numbers mean for Washington D.C. homeowners who want to sell their home fast? You can see it is taking longer to sell a home in the District of Columbia.   Sellers in general are getting a lower sold price, percentage wise, compared to their original listing price. But the good news is, the average sold price increased over the last 12 months. While it is difficult to draw conclusions from one month of data the numbers signify a fairly healthy real estate market in Washington D.C.

In January, 2011 there were 390 homes sold. This signifies a 5.6 month supply of houses which falls squarely into a typical healthy market of 5-6 months.

If you want to sell your Washington D.C. home fast, the real estate experts at Express Homebuyers can help.

Get your Fair Cash Offer to Sell Your House, Fast!

Where is your property located?*
Please select your property from the options in the dropdown list.
First Name*
Last Name*
Phone*
EmailOptional

or Call us at (877) 804-5252

Express Homebuyers

Corporate Office

6564 Loisdale Court, Suite 315
Springfield, VA 22150
Phone: (877) 804-5252
Email: express@expresshomebuyers.com

☰
  • TOP STATES :
  • California
  • Texas
  • Arizona
  • Pennsylvania
  • Florida
  • Colorado
  • DC
  • Georgia
  • Illinois
  • Kansas
  • Massachusetts
  • Maryland
  • Michigan
  • Minnesota
  • Missouri
  • North Carolina
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Oklahoma
  • Hawaii
  • South Carolina
  • Tennessee
  • Utah
  • Virginia
  • Washington
  • Delaware
Better Business Bereau A+ Rating
Express Homebuyers is rated 4.6 stars on Google based on 39 reviews

Categories: Sell a Home