[vc_row row_height_percent=”0″ override_padding=”yes” h_padding=”2″ top_padding=”4″ bottom_padding=”2″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column][vc_custom_heading subheading=”The Median Sold Price of homes in Washington DC rose to $603,375. in June. This represents a 2.3% increase from June 2017.”]Median Sold Price Rises In Washington DC[/vc_custom_heading][vc_column_text]The latest RBI market data shows that, even though Days On Market elevated slightly to 3o days from 28 during the same period in 2017, prices are still increasing. The Original Sold To List Price Ratio for homes Districtwide was 99.9% in June.
While a seasonal slowdown is expected for July and August, inventory is still tight, causing upward pressure on pricing.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][vc_custom_heading subheading=”The Median Sold Price for Detached properties in Washington DC for June was $930,000, representing an increase of 7.2% compared to last month and an increase of 13.1% from Jun 2017. The average days on market for units sold in June was 26 days, 26% below the 5- year June average of 35 days. There was a 7.1% month over month decrease in new contract activity with 158 New Pendings; an 8.2% MoM decrease in All Pendings (new contracts + contracts carried over from May) to 223; and a 0.4% increase in supply to 249 active units.
This activity resulted in a Contract Ratio of 0.90 pendings per active listing, down from 0.98 in May and an increase from 0.89 in June 2017. The Contract Ratio is 6% lower than the 5-year June average of 0.96.”]Detached Single Family Homes[/vc_custom_heading][vc_raw_html]JTNDaWZyYW1lJTIwc3JjJTNEJTIyaHR0cHMlM0ElMkYlMkZ3d3cuZ2V0c21hcnRjaGFydHMuY29tJTJGc2hhcmUlMkZ2MSUyRmUlMkZjbWxrUFRNbVpuUnBaRDB5Sm1acFpEMHhNREF4Sm1kMGVUMHhNaVpzZEdsa1BUSW1iR2xrUFRFd01ESW1aMmxrUFRJbVkyTTlaR1F3TURBd0puTnBaRDB3Sm0xcFpEMHdKblIwUFRJbWJXOWtaVDB5Sm5kcFpIUm9QVFl5TUNab1pXbG5hSFE5TXpNd0ptVnVaRjlrWVhSbFBTWnRiSE5wWkQweEptTjBlVDF0YkhNJTNEJTJGMTI5MzMzNzE2MTYwJTJGMSUyRm1scyUyMiUyMHdpZHRoJTNEJTIyNjIwJTIyJTIwaGVpZ2h0JTNEJTIyMzMwJTIyJTIwZnJhbWVib3JkZXIlM0QlMjIwJTIyJTNFJTNDJTJGaWZyYW1lJTNF[/vc_raw_html][vc_raw_html]JTNDaWZyYW1lJTIwc3JjJTNEJTIyaHR0cHMlM0ElMkYlMkZ3d3cuZ2V0c21hcnRjaGFydHMuY29tJTJGc2hhcmUlMkZ2MSUyRmUlMkZjbWxrUFRFbVpuUnBaRDB5Sm1acFpEMHhNREF4Sm1kMGVUMHhNaVpzZEdsa1BUSW1iR2xrUFRFd01ESW1aMmxrUFRJbVkyTTlaR1F3TURBd0puTnBaRDB3Sm0xcFpEMHdKblIwUFRJbWJXOWtaVDB5Sm5kcFpIUm9QVFl5TUNab1pXbG5hSFE5TXpNd0ptVnVaRjlrWVhSbFBTWnRiSE5wWkQweEptTjBlVDF0YkhNJTNEJTJGMTI5MzMzNzE2MTYwJTJGMSUyRm1scyUyMiUyMHdpZHRoJTNEJTIyNjIwJTIyJTIwaGVpZ2h0JTNEJTIyMzMwJTIyJTIwZnJhbWVib3JkZXIlM0QlMjIwJTIyJTNFJTNDJTJGaWZyYW1lJTNF[/vc_raw_html][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][vc_custom_heading subheading=”The Median Sold Price for Condo & Coop properties in Washington DC for June was $490,000. This represents an increase of 2.1% over the previous month and an increase of 5.9% from Jun 2017. The average days on market for units sold in June was 34 days, 5% above the 5-year June average of 32 days. There was a 15.3% month over month increase in new contract activity with 489 New Pendings; an 8.1% MoM increase in All Pendings (new contracts + contracts carried over from May) to 589; and no change in supply with 801 active units.
This activity resulted in a Contract Ratio of 0.74 pendings per active listing, up from 0.68 in May and a decrease from 0.79 in June 2017. The Contract Ratio is 12% lower than the 5-year June average of 0.84.”]Condos & Co-Op Sales[/vc_custom_heading][vc_raw_html]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[/vc_raw_html][vc_empty_space empty_h=”2″][/vc_column][/vc_row][vc_row row_height_percent=”0″ override_padding=”yes” h_padding=”2″ top_padding=”2″ bottom_padding=”3″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column column_width_percent=”100″ align_horizontal=”align_center” overlay_alpha=”50″ gutter_size=”3″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/1″][vc_column_text]
How did your neighborhood and home type fare?
[/vc_column_text][vc_button size=”btn-lg” outline=”yes” border_width=”0″ link=”url:http%3A%2F%2Frealestateinthedistrict.com%2Fdc-real-estate-market-data%2F||target:%20_blank|”]DC MARKET DATA[/vc_button][/vc_column][/vc_row][vc_row unlock_row_content=”yes” row_height_percent=”0″ override_padding=”yes” h_padding=”3″ top_padding=”2″ bottom_padding=”4″ back_color=”color-xsdn” overlay_color=”color-prif” overlay_alpha=”0″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″ style=”inherited”][vc_column column_width_use_pixel=”yes” position_vertical=”middle” align_horizontal=”align_center” style=”dark” font_family=”font-762333″ overlay_alpha=”100″ gutter_size=”3″ medium_width=”0″ shift_x=”0″ shift_y=”0″ z_index=”0″ zoom_width=”0″ zoom_height=”0″ width=”1/3″ column_width_pixel=”700″][/vc_column][vc_column column_width_percent=”100″ align_horizontal=”align_center” overlay_alpha=”50″ gutter_size=”3″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/3″][vc_column_text]
Share this!
[/vc_column_text][uncode_share layout=”multiple” bigger=”yes” no_back=”yes”][/vc_column][vc_column width=”1/3″][/vc_column][/vc_row][vc_row unlock_row_content=”yes” row_height_percent=”0″ override_padding=”yes” h_padding=”2″ top_padding=”3″ bottom_padding=”3″ back_color=”color-xsdn” overlay_alpha=”0″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″ style=”inherited”][vc_column column_width_percent=”100″ position_vertical=”middle” align_horizontal=”align_center” font_family=”font-762333″ overlay_alpha=”100″ gutter_size=”3″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ zoom_width=”0″ zoom_height=”0″ width=”1/1″][vc_custom_heading heading_semantic=”h1″ text_size=”fontsize-338686″ text_space=”fontspace-111509″ text_font=”font-762333″ text_color=”color-xsdn”]The Isaacs Team LLC[/vc_custom_heading][/vc_column][/vc_row][vc_row unlock_row=”” row_height_percent=”40″ override_padding=”yes” h_padding=”0″ top_padding=”0″ bottom_padding=”4″ overlay_alpha=”0″ equal_height=”yes” gutter_size=”0″ column_width_percent=”80″ border_color=”color-jevc” border_style=”solid” shift_y=”0″ z_index=”0″ shape_dividers=””][vc_column column_width_percent=”100″ position_vertical=”middle” style=”dark” font_family=”font-762333″ back_color=”color-143431″ overlay_alpha=”0″ gutter_size=”0″ border_color=”color-uydo” border_style=”solid” medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/3″][vc_custom_heading text_height=”fontheight-524109″ text_font=”font-762333″ text_weight=”700″ text_transform=”capitalize” text_color=”color-jevc”]
Sellers
[/vc_custom_heading][vc_empty_space empty_h=”1″][vc_column_text]The Isaacs Team offers superior pricing, marketing & packaging skills. Our understanding of buyer preferences, market data and pricing analysis along with our expert presentation skills, achieve record-setting prices for sellers. No one works harder or more effectively to sell your home.[/vc_column_text][/vc_column][vc_column column_width_percent=”100″ position_vertical=”middle” align_horizontal=”align_center” style=”light” font_family=”font-762333″ back_color=”color-gyho” overlay_alpha=”0″ gutter_size=”0″ border_color=”color-uydo” border_style=”solid” align_medium=”align_center_tablet” medium_width=”0″ align_mobile=”align_center_mobile” mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/3″][vc_custom_heading text_height=”fontheight-524109″ text_font=”font-762333″ text_weight=”700″ text_transform=”capitalize” text_color=”color-jevc”]
Buyers
[/vc_custom_heading][vc_empty_space empty_h=”1″][vc_column_text]
We’re loyal partners in your DC real estate purchase. In this unique and aggressive market, you’ll need agents with the systems & strategies that position you for success. We don’t view your purchase through the listing agent’s lens. Instead, we’ve developed a ‘buyer first’ process just for you!
[/vc_column_text][/vc_column][vc_column column_width_percent=”100″ position_vertical=”middle” align_horizontal=”align_center” back_color=”color-xsdn” overlay_alpha=”0″ gutter_size=”0″ border_color=”color-prif” border_style=”solid” medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/3″][vc_raw_html]JTNDYSUyMGhyZWYlM0QlMjJ0ZWwlM0EyMDI2Njk1MzQzJTIyJTNFJTNDaW1nJTIwc3JjJTNEJTIyaHR0cCUzQSUyRiUyRnJlYWxlc3RhdGVpbnRoZWRpc3RyaWN0LmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAxOCUyRjAxJTJGQmxhY2stSVNUTS1waG9uZS5qcGVnJTIyJTNFJTNDJTJGYSUzRQ==[/vc_raw_html][vc_raw_html]JTNDYSUyMGhyZWYlM0QlMjJtYWlsdG8lM0F0aGVpc2FhY3N0ZWFtJTQwZ21haWwuY29tJTIyJTNFJTNDaW1nJTIwc3JjJTNEJTIyaHR0cCUzQSUyRiUyRnJlYWxlc3RhdGVpbnRoZWRpc3RyaWN0LmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAxOCUyRjAxJTJGRW1haWwtVGhlLVRlYW0ucG5nJTIyJTNFJTNDJTJGYSUzRQ==[/vc_raw_html][/vc_column][/vc_row]