Five units sold in 20032 in July 2011. Key points in July's data:
- Aggregate dollar volume was down 55.2% over the same month in 2010. Unit sales were 50% lower. The average price for a home fell 10.4%, the median price was down 16.96%.
- Two homes were sold as bank-mediated sales at a median price of $51,600.
- One condo sold for $41,000, up 64%.
- Four houses were sold for an average price of $147,455, down 4.05%.
- For the past twelve months, attached housing (rowhouses and/or townhouses) have dominated sales in 20032. The average monthly sales volume has been 2 detached houses, 7 attached houses, and 2 condos sold per month.
20032 was barely on the map as a portion of District sales in July. It represented 0.18% of July's dollar volume in the District. Its average price was 78.76% less than the District's and its median price was 73.03% lower. 20032's unit sales were 0.86% of all sales in the District in July. According to MRIS, properties in 20032 sold for 94.2% of the listing price, a 12.03% improvement from 2010. At July's sales rate, there's a 28 months supply of condos and a 12.25 months supply of houses. A buyer's market. Going forward, 22 homes went under contract in July and another 9 went under a contingent contract.
My good friends at Urban Turf published a version of this post on their site a few days ago.
Detailed Data for the Month
Average Sales Price
Dollar Volume
Transaction Volume
Monthly Data for the Past Year (by Housing Type)
Units Sold
Median Sales Price
Average Sales Price
Average Sales Price by Number of Bedrooms
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