Dupont Circle, Connecticut Ave, Midtown and Golden Triangle Real Estate Market Report - District of Columbia County, Washington DC
Dupont Circle, Connecticut Ave, Midtown and Golden Triangle
Real Estate Market Conditions and Trends
Dupont Circle, Connecticut Ave, Midtown and Golden Triangle, Washington DC - District of Columbia County
| Market Commentary Provided by Kathy & Jeff Smolley |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL 
Kathy & Jeff Smolley
Keller Williams Capital Properties Washington, Washington DC 202-487-7538 smolleygroup@gmail.com Agent Home Page  |
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| Nearest Metro Area | Washington, D.C. | ||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | 30-60 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $425,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Up 0-5% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Dupont Circle, Connecticut Ave, Midtown and Golden Triangle is | |||||
| Seller Activity for the past 90 days in Dupont Circle, Connecticut Ave, Midtown and Golden Triangle is | |||||
| Is Financing Available For Qualified Buyers in Dupont Circle, Connecticut Ave, Midtown and Golden Triangle? | |||||
| 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 | Adams Morgan, Dupont, U-Street Corridor, Logan Circle, Georgetown, Connecticut Avenue, McLean Gardens, Mid-Town, West End, Foggy Bottom, Kalorama, Columbia Heights, Central, Downtown, Chinatown, Capitol Hill, Burleith, Hillandale, Berkley, Palisades, Macarthur Blvd, Woodley Park, Cleveland Park. | ||||
| Reason to Buy/Sell | Job Growth | ||||
| Average Sold Price | $425,000 - 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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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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