Friendship Heights and American University Park Real Estate Market Report - District of Columbia County, Washington DC
Friendship Heights and American University Park, 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 | |||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 30-60 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Limited Supply | ||||
| Average Home Price | $1,300,000 - 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? | No | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Friendship Heights and American University Park is | |||||
| Seller Activity for the past 90 days in Friendship Heights and American University Park is | |||||
| Is Financing Available For Qualified Buyers in Friendship Heights and American University Park? | |||||
| 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 | AU Park and Friendship Hts. homes that are close to the metro area are in great demand for the second time home owner - professional couples moving from a condo to their first row home or detached homes. | ||||
| Reason to Buy/Sell | Other | ||||
| Average Sold Price | $1,300,000 - 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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