DC Area Home Prices Rose 9.6% in 2013
✉️ Want to forward this article? Click here.

Home prices in the DC region rose almost 10 percent in 2013, compared to 2012, according to a report out from RealEstate Business Intelligence (RBI) today.
Every jurisdiction covered by RBI had a higher median sales price in 2013. Prince George’s County led the way in terms of price growth with a 15.9 percent price increase; Falls Church prices followed close behind with a 13.6 percent increase and then DC proper with a 10.2 percent jump. December marked the 23rd month in a row that median prices rose year-over-year.
Condos led all property segments in median sales price growth, increasing 11.3 percent (or $30,000). Townhome prices in the region increased 10.7 percent, while detached home prices rose 7.4 percent.
Below are two other charts that give a sense of the local housing market in 2013, including where homes sold the quickest and where they sold closest to list price.

In 2013, homes sold the quickest in Falls Church, VA and the slowest Frederick, MD.

Homes on the market in DC were most likely to sell at or above their listing price in 2013.
Data provided by RealEstate Business Intelligence, a subsidiary of MRIS.
See other articles related to: dc home prices, dc home sales, dc housing prices, realestate business intelligence
This article originally published at https://dc.urbanturf.com/articles/blog/dc_area_home_prices_rose_9.6_in_2013/7980.
Most Popular... This Week • Last 30 Days • Ever

Plans to redevelop a strip mall along the thoroughfare are back in the works after a ... read »

In this article, UrbanTurf will explain what special assessments are, how they work, ... read »

The huge DC news of the week is that the Washington Commanders are going to build a n... read »

Today, UrbanTurf checks in on the status of the development pipeline over in Congress... read »

This morning, Mayor Muriel Bowser and the Commanders will announce that a deal has be... read »
- 262-Unit Development With 'Main Street' Retail Pitched For Columbia Pike
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Where Will The 6,000 Homes Be Built Around DC's New Football Stadium?
- St. E's And More: A Look At The Congress Heights Residential Pipeline
- DC To Announce RFK Stadium Deal With Commanders
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