| Market Commentary Provided by Jason Holt |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Jason Holt
Keller Williams Capital Properties Washington D.C., Maryland 202-680-9988 jasonholt@kw.com Agent Home Page |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | Decreasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $475,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Up 10-15% | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Capitol Hill is | |||||
| Seller Activity for the past 90 days in Capitol Hill is | |||||
| Is Financing Available For Qualified Buyers in Capitol Hill? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | Capitol Hill S.E. Capitol Hill N.E. Southeast D.C. Northeast, D.C. Anacostia Hillendale Ft. Dupont, S.E. | ||||
| Reason to Buy/Sell | Population Growth | ||||
| Average Sold Price | $475,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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