May 2010 Real Estate Market Report for Del Ray, Rosemont, and Temple Hills in Zip Code 22301
June 16th, 2010 Categories: Market Reports, Real Estate News
The May 2010 Real Estate Market Report 2010 for Del Ray, Rosemont, and Temple Hills in zip code 22301 is all about good news. Sales are up, prices are up, and days on the market are down. What a great combination!
Granted, sales in May 2010 only increased by one over 2009 but prices rose from an average of $607,255 in 2009 to $683,842 in 2010 – an increase of almost 10 percent.
Days on the market dropped from 32 in May 2009 to 22 in 2010. Overall we are seeing serious buyers coming to the market with the clear intention of buying for longevity. It’s a good thing.
| May (22301 zip) |
2009 |
2010 |
| Av. List Price |
$616,966 |
$683,336 |
| Av. Sold Price |
$607,255 |
$673,842 |
| Low List Price |
$379,900 |
$424,900 |
| Low Sold Price |
$371,250 |
$417,000 |
| High List Price |
$1,695,000 |
$1,575,000 |
| High Sold Price |
$1,695,000 |
$1,500,000 |
| # of Home Sales |
22 |
23 |
| Av. Days on Market |
32 |
22 |
Michael
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