You will not find this information anywhere else. Median sale price of homes by Zip Code and City. Data from MLS. Prepared by TOBIN SEVEN, Principal Broker / Army Veteran.
TOBIN SEVEN, Principal Broker, Army Veteran.
Licensed in Virginia, Maryland and DC. Eagle Scout
See chart below. Nationally, Home ownership is great way to build wealth through home equity.
Tobin's note: You would have to save $2,208.33 a month ($26,500 total) to buy same home you saw 12 months ago. 4% annual increase.
Why wait to buy? See statistics below that confirm the $26,500 increase in median home price in past 12 months
See chart below:
WASHINGTON DC (see below) has a lack of homes for sale.
See "gold" and "orange" dials below. SUMMARY: SELLER's Market.
See screen shot below. Homes across the country are selling quickly. Four years ago the average home was on the market for 39 days before the home sold. Today---only 17 average days on the market before a home sells.
See chart below. Sales are increasing from last year.
See chart below. Median sold price is up 4% in past 12 months. Homes in WASHINGTON DC are on the market for only 8 days before being sold. WOW!
See chart below---by Zip Code and Corresponding City
The 23 zip codes/communities in WASHINGTON DC saw a 4% increase in home sale median values in past 12 months, Median price of homes went UP from $660,000 to $686,500.
Past monthly, Housing Stats for Northern Virginia, Maryland and DC can be found at: www.DMVhousingStats.com
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New SUMMER edition. See below. 24-page FREE booklet on important things to consider when BUYING a home. Click here to download pdf 24-page booklet. Download is safe.
New SUMMER edition. See below. 20-page FREE booklet on important things to consider when SELLING a house. Click here to download pdf 20-page booklet. Download is safe.
Regards,
TOBIN SEVEN, Principal Broker (Realtor) / Army Veteran --- Licensed in Virginia, DC and Maryland. Eagle Scout.
SEVEN REAL ESTATE ASSOCIATES LLC is Veteran Owned and Operated.
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