Monday, February 05, 2007

Analysis: DC November Sales

On the heels of last week's posting about sales recorded in DC in October, I've completed a similar analysis for November's recorded sales. Pricing trends remain negative, with average and median sales prices being negative in November YoY.

Among the new condo units with sales recorded in November are:

  • 1133 14th St NW (Alta at Thomas Circle): 26 units
  • 2425 L St NW (Columbia Residences): 25 units
  • 2120 Vermont NW (Rhapsody): 8 units
  • 1401 Q St NW (Q14): 13 units
  • 1413 P St NW (Cooper Lewis): 2 units
  • 910 M St NW (The Whitman): 28 units
  • 2750 14th St NW (Lofts of Columbia Heights): 7 units
  • 1451 Belmont St NW (Fedora) : 5 units
  • 1438 Columbia Rd NW (Piedmont): 4 units
  • 1457 Park Rd NW: 9 units
  • 1348 Euclid St NW (Verona Parc): 6 units
  • 2472 Alabama Ave SE: 8 units

Highlights of November 2006 sales compared to November 2005:

In the aggregate, pricing and volume metrics are lower YoY. Condos maintain their 50%+ share of the DC housing market. My belief is that the closing of new condos, including the 141 listed above, gave the condo market a boost on the volume side.

Detailed home and condo sales data

City-wide average and median sales prices and sales volume by zipcode:

City-wide average and median sales prices and sales volume by type of housing by zipcode:



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