Are you looking to buy or sell in Washington, DC
Here are some interesting statistics based on mls,excluding for sale by owners.
When you open the link below you will notice a couple of good trends in the DC real estate market:
1. Over 11% less inventory on the market in August 2009 compared to August 2008 and over 15% less inventory year to date in 2009 compared to 2008. More homes are selling. More buyers are getting off the fence,perhaps for the first time home buyer $8000 tax credit.
2. We saw over 45% more real estate contracts accepted in August 2009 compared to August 2008 and year to date we have seen over 17% more contracts than in 2008.
3. Over 29% more homes sale successfully settled in August 2009 compared to August 2008 and year to date 2009 settlements are up over 11% compared to 2008.
Statistics will vary be marketneighborhood you live in, and type of home you live in,want to buy in and/or sell in. How is the market where you are living in ,buying in or selling in? Let's talk.
If you or somebody you know is looking to buy or sell in Metro DC or just wants to talk about the market,I'd love to hear from you. I am never too busy for any of your referrals.
Life is good!
Adam 301-943-4370,adambashein@mris.com,301-718-4100 ext. 132
http://gcaar.com/uploadedFiles/PDF/ToolKit/Research/Home_Sales_Statistics/DC_Single_Family/dcsf0809.pdf
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