[vc_row][vc_column][vc_column_text]September’s data shows conditions in the DC condo market moving in buyers’ favor. The median sold price for Condo & Coop units for the month was $423,700, a decrease of 5.8% compared to August and an increase of 1.8% from Sep 2017. Average Days On Market for units sold in September was 44 days, 12% higher than the 5-year September average of 39 days. There was a 14.5% month-over-month increase in new contract activity with 380 New Pending Sales; a 17.4% MoM increase in All Pending Sales (new contracts + contracts carried over from August) to 486; and a 24% increase in supply to 879 Active units.

This activity resulted in a Contract Ratio of 0.55 pendings per active listing, down from 0.58 in August and a decrease from 0.66 in September 2017. The Contract Ratio is 17% lower than the 5-year September average of 0.67. A higher Contract Ratio signifies a relative increase in contract activity compared to supply, and indicates the market is moving in the seller’s favor. A lower Contract Ratio signifies a relative decrease in contract activity compared to supply, and indicates the market is moving in the buyer’s favor.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_raw_html]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[/vc_raw_html][vc_raw_html]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[/vc_raw_html][/vc_column][vc_column width=”1/2″][vc_raw_html]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[/vc_raw_html][vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_raw_html]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[/vc_raw_html][/vc_column][vc_column width=”1/2″][vc_raw_html]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[/vc_raw_html][/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?

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