Sunday, May 14, 2006

Analysis of 1Q 2006 sales data

I've had a chance to review sales data for DC home sales for the first quarter of 2006. It's rather inconclusive, but it does show that:

  • Average sales prices for condos declined (-2.67% January to March) while the median sales price increased (up 3.99% January to March).
  • Average and median sales prices for detached single family homes declined (-11.48% January to March and -4.65 January to March, respectively).

However, three months data is insufficient to determine a long-term trend.

Average Sales Price

Median Sales Price

Sales Volume

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