November 2010 Real Estate Market Report for Del Ray, Rosemont and Temple Hills in Zip Code 22301
December 30th, 2010 Categories: Del Ray, Market Reports
In January we will be able to give you a much better look back at 2010 as a whole but for now, let’s take a look at the November 2010 Real Estate Market Report for Del Ray, Rosemont and Temple Hills in Zip Code 22301.
The number of sales was almost identical but there was a very slight drop, -1.5%, in the average home sale in November 2010 as compared to November 2009.
A closer look at the high list prices though shows two million dollar + houses on the market in November 2009 while the highest list price in November 2010 was well under the $900,000 mark.
Even better news comes with the average number of days on the market. In November 2009, the average was 75 but in 2010 it dropped to 35 – a great sign for both buyers and sellers.
| November Del Ray, Rosemont, Temple Hills (22301 zip) |
2009 |
2010 |
| Av. List Price |
$659,629 |
$623,587 |
| Av. Sold Price |
$623,309 |
$613,591 |
| Low List Price |
$209,000 |
$479,000 |
| Low Sold Price |
$209,000 |
$473,000 |
| High List Price |
$1,475,000 |
$849,000 |
| High Sold Price |
$1,175,000 |
$839,000 |
| # of Home Sales |
17 |
16 |
| Av. Days on Market |
75 |
35 |
As always, these numbers represent a wide variety of properties and locations within the 22301 zip code.
For more information and a free competitive market analysis that reflects your neighborhood and property, call me at 703.927.4554.
Michael
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