Saturday, October 20, 2012

H Street Area Open Houses: October 20-21

Photo by Piers Lamb
In the hyperlinks below I've attached open houses scheduled in and around H Street for the weekend of October 20-21, 2012.
  • All results are sorted in order of list price for easy reference.
  • Globe and camera icons next to individual listings show maps and photos.
  • All property types are included: townhouses, semi-detached homes, condos/coops, single-family homes, etc.
H Street

Bloomingdale,Truxton Circle, and Eckington

Need more? I've also compiled a list of all DC, MD, VA open houses this weekend should your search parameters encompass other areas.

Monthly Housing Market Data

Every month several housing reports are released which include statistics on the Washington Metro Area market. Although each analysis employs differing methodologies with varying results, most show (as usual) the Washington Area to be one of the stronger housing markets nationwide.

October 19: The National Association of Realtors report on U.S. *existing* home sales -- with data through September 2012 -- was released October 19. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, are 11% above September 2011. The national median existing-home price for all housing types is up 11.3% from a September of last year. Listed inventory is 20% below a year ago.

October 10: The Real Estate Business Intelligence (RBI) zip code sales report -- with data for September 2012 -- was released October 10. It shows H Street zip code 20002 had a median sales price increase of 52.87% over September of last year. Sales in the zip code increased 8.33% while days on market dropped 42.47%.

October 10: The latest Real Estate Business Intelligence (RBI) analysis of the DC Metro Area housing market -- with data through September 2012 -- was released October 10. Sales have increased 4.7% over September of last year. Close prices have risen 6.5%, contracts are up 9.6%, average time on market is down to 26 days.

October 2: The CoreLogic Home Price Index -- with data through August 2012 -- was released October 2. CoreLogic methodology shows Washington home prices rose 5.5% over August 2011. Nationwide, home prices gained 4.6%.

October 2: The latest Clear Capital Home Data Index Market Report -- with data through September 2012 -- was released October 2. Clear Capital's methodology shows home prices in the DC Metro area rose 12.2%. Home prices nationwide increased 3.6%.

September 26: H Street zip code 20002 is reported by the MRIS blog as one of nine Washington zip codes where the median sale price through August 2012 is the highest year-to-date level on record. The area includes the lowest days on market (well below the DC average of 26) and the highest list/sales price ratio.

September 25: The latest Standard & Poor's/Case-Shiller Home Price Index -- reporting data through July 2012 -- was released September 25. DC Metro Area home prices increased 3.7% over July 2011 compared to a nationwide increase of 1.2%.  

September 27: The Pending Home Sales Index of the National Association of Realtors -- with data through August 2012 -- was released September 27. Total U.S. pending homes sales increased 10.7% over August 2011.

For more information on how to interpret sales statistics check out my recent blog post How to Evaluate Housing Reports which discusses important differences in research methodology and how it impacts numbers for the local Washington area.

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Contact me for more information on our local real estate market, and on buying or selling a home. I'm always available for your questions and happy to consult with you on your real estate needs.

  Ben Dursch  
202-288-4334 |

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