Tag Archives: home buying

December 2014 Real Estate Statistics for Georgetown/Burleith, DC, 20007

Local Market Insight Report

avg-dom-20007-Dec-2014The real estate market was more upbeat during 2013 than the, just ended, 2014 calendar year.  Houses were on the market for an average of 80 days (slightly over 2.5 months) versus 43 days a year earlier.   Nevertheless, recently the Days-On-Market number has fallen to 46 and sales med-sold-price-20007-Dec-2014have been stronger with the median price recovering to $881,250. 

Given that the economic indicators at the beginning of 2015 are better than a year earlier it is likely that buyers will regain interest in the desirable properties of Georgetown. 

December 2014 Closed Sales and Median Sold Price for 20007
Zip Code 20007 December 2014 Closed Sales and Median Sold Price

 

 

 

Data source: MRIS. 

Statistics calculated by RBI, Inc.

 

 


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