MRIS released data for September 2008 sales in the District this morning. At a glance, it looks like average sales prices are down for all housing types except condos, but the ten condos that sold for $1M or more may have skewed the average. Even high end homes took it on the chin.
Key data points YoY:
- Dollar volume: down 4.52%
- Number of units [all categories] sold: down 0.24%
- Number of condos sold: down 12.6%
- Number of homes sold: up 14.36%