Gallery Place-Penn Quarter Real Estate Market Conditions & Reports, Gallery Place-Penn Quarter Market Trends, Washington DC

Market Commentary Provided by Jeffrey Carswell

Report Date

Fall 2009

Search For Homes in Gallery Place-Penn Quarter
City:
Property Type:

Minimum Price	Maximum Price

Min. Beds	Min. Baths

CONNECT WITH A LOCAL PROFESSIONAL

Jeffrey Carswell
Taylor Properties
, Unknown
202-251-2246
jcarswell@hotmail.com
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

Equal buyers and sellers

Average Time on Market

10-30 days

Market Trend

Decreasing

Housing Inventory

Limited Supply

Average Home Price

$500,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Gallery Place-Penn Quarter is

Seller Activity for the past 90 days in Gallery Place-Penn Quarter is

Is Financing Available For Qualified Buyers in Gallery Place-Penn Quarter?

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

Reason to Buy/Sell

Job Growth

Average Sold Price

$500,000 - 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...