Archive for the 'State of the Market' Category
The Evers & Co. June 2010 Real Estate Report
Dollar volume of sales in June showed an increase of 13% over last June, and a survey of the first half of the year showed a whopping 23% average increase in dollar volume of sales over the first half of 2009. Price were up 3.7% in June, and up 3.6% for the first half of the year over last year’s numbers; this indicates that we will most likely end the year with prices on the plus side. The months’ supply for June was 4.5 months and the first half of the year averaged 4 months, which is low and healthy.
The rapid increase in sales volume and the steady growth of prices indicates that we are in strong recovery in all jurisdictions. While the stock market took a tumble over the past few months and scared off some home buyers, especially in the upper brackets, the fact that interest rates are at their lowest point since the early 1970’s represents a tremendous savings for consumers in all price ranges, and should continue to fuel the housing market throughout the summer and fall.
* Statistics are taken from the Metropolitan Regional Information System for three areas: Washington, D.C.; Montgomery County, Maryland; and Fairfax County, Arlington, Alexandria and Falls Church in Virginia.
Bethesda 20814 Market Report, June 2010
In June of 2010 there were 35 homes that closed within the month for 20814 Bethesda, Maryland. This was a decrease of 2 units, as there were 37 homes that closed in June of 2009.
The average list price for homes that closed in June of 2009 was $834,337
The average list price for homes that closed in June of 2010 was $740,637
The average sale price for the homes that closed in June 2009 was $779,140
The average sale price for the homes that closed in June 2010 was Read the rest of this entry »
AU Park/Tenley, DC 20016 Market Report, May 2010
In May of 2010 there were 39 homes that closed within the month for zip code 20016 in the District of Columbia (AU Park/Tenley/ Palisades). This was an increase of 12 units, as there were 27 homes that closed in May of 2009.
The average list price for homes that closed in May of 2009 was $1,117,014
The average list price for homes that closed in May of 2010 was $839,547
The average sale price for the homes that closed in May 2009 was $959,270
The average sale price for the homes that closed in May 2010 was Read the rest of this entry »
Chevy Chase, DC 20015 Market Report, May 2010
In May of 2010 there were 25 homes that closed within the month for 20015 Chevy Chase, DC. This was an increase of 9 units, as there were 16 homes that closed in May of 2009.
The average list price for homes that closed in May of 2009 was $871609
The average list price for homes that closed in May of 2010 was $795,640
The average sale price for the homes that closed in May 2009 was $832,848
The average sale price for the homes that closed in May 2010 was Read the rest of this entry »
Bethesda 20817 Market Report, May 2010
In May of 2010 there were 34 homes that closed within the month for 20817 Bethesda, Maryland. This was an decrease of 11 units, as there were 45 homes that closed in May of 2009.
The average list price for homes that closed in May of 2009 was $881,596
The average list price for homes that closed in May of 2010 was $877,985
The average sale price for the homes that closed in May 2009 was $769,239
The average sale price for the homes that closed in May 2010 was
Read the rest of this entry »
Bethesda 20816 Market Report, May 2010
In May of 2010 there were 24 homes that closed within the month for 20816 Bethesda, Maryland. This was an decrease of 1 unit, as there were 25 homes that closed in May of 2009.
The average list price for homes that closed in May of 2009 was $680,472
The average list price for homes that closed in May of 2010 was $895,858
The average sale price for the homes that closed in May 2009 was $644,540
The average sale price for the homes that closed in May 2010 was Read the rest of this entry »
Chevy Chase 20815 Market Report, May 2010
In May of 2010 there were 32 homes that closed within the month for 20815 Chevy Chase, Maryland. This was an increase of 6 units, as there were 26 homes that closed in May of 2009.
The average list price for homes that closed in May of 2009 was $$749,914
The average list price for homes that closed in May of 2010 was $706,953
The average sale price for the homes that closed in May 2009 was $696,353
The average sale price for the homes that closed in May 2010 was Read the rest of this entry »
Bethesda 20814 Market Report, May 2010
In May of 2010 there were 37 homes that closed within the month for 20814 Bethesda, Maryland. This was a decrease of 6 units, as there were 31 homes that closed in May of 2009.
The average list price for homes that closed in May of 2009 was $689,954
The average list price for homes that closed in May of 2010 was $634,370
The average sale price for the homes that closed in May 2009 was $643,940
The average sale price for the homes that closed in May 2010 was Read the rest of this entry »
AU Park/Tenley, DC 20016 Market Report April 2010
In April of 2010 there were an astonishing 52 homes that closed within the month for zip code 20016 in the District of Columbia (AU Park/Tenley/ Palisades). This was an increase of 27 units, as there were 25 homes that closed in April of 2009.
The average list price for homes that closed in April of 2009 was $879,916
The average list price for homes that closed in April of 2010 was $790,340
The average sale price for the homes that closed in April 2009 was $780,940
The average sale price for the homes that closed in April 2010 was Read the rest of this entry »
Chevy Chase, DC 20015 Market Report April 2010
In April of 2010 there were 17 homes that closed within the month for 20015 Chevy Chase, DC. This was an increase of 3 units, as there were 14 homes that closed in April of 2009.
The average list price for homes that closed in April of 2009 was $866,896
The average list price for homes that closed in April of 2010 was $847,282
The average sale price for the homes that closed in April 2009 was $837,267
The average sale price for the homes that closed in April 2010 Read the rest of this entry »
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