2012: The Year of the Seller in Columbia Heights
✉️ Want to forward this article? Click here.
RBI recently took a look at interesting trends in the DC area housing market between 2011 and 2012, and some telling statistics were revealed.
The full report can be viewed here, but here are a few nuggets:
- In 2011, there were 8 zip codes in the DC area where the median number of days that homes were spending on the market was 21 days or less. In 2012, that number of zip codes skyrocketed to 48.
- In every region analyzed, the number of home sales increased in 2012, while new listings on the market dropped. (More on that here.)
- In the 20010 zip code, which includes sections of Mount Pleasant, Columbia Heights, Pleasant Plains and Park View, the ratio of sale price to original list price was 99% in 2012. In other words, if you were a seller, chances are you got near (or above) your asking price.
- The most expensive zip code in the DC area in 2012 was 22206, which includes Great Falls, with a median sales price of $961,250. But, that number was actually 4.8 percent lower than in 2011.
See other articles related to: home prices, realestate business intelligence
This article originally published at https://dc.urbanturf.com/articles/blog/2012_the_year_of_the_seller_in_columbia_heights/6633.
UrbanTurf Listings showcases the DC metro area's best properties available for sale.
Most Popular... This Week • Last 30 Days • Ever
Priced from $1.2 million, the 108 stately brownstones and 17 single-family homes will... read »
In this edition of First-Timer Primer, we look at the ins and outs of the 203k loan.... read »
Today, UrbanTurf takes a look at the distinct differences between these two popular f... read »
The largest residential conversion planned in the neighborhood is continuing to move ... read »
Despite it being a slower year for the housing market in the DC area, there are two B... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro
