DC area prices reach highest monthly level on record in May

Washington D.C. Metro home prices set new all-time high of $460,000.  May closed sales and new pending sales at decade highs; inventories continue to shrink by double-digits. Rockville, MD – (June 12, 2017) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by Elliot Eisenberg, Ph.D. of MarketStats by … Continue reading DC area prices reach highest monthly level on record in May

Washington, DC Market Second Quarter 2010

Prices, Inventories Provide Reasons for Optimism Market Summary Fueled by the expiration of the Federal Homebuyer Tax Credit, a strong spring market boosted combined year-to-date sales of single-family homes, condominiums, and cooperatives to a 36% increase over 2009 at the end of the second quarter.  The inventory of available homes and units began its typical … Continue reading Washington, DC Market Second Quarter 2010