This is an ongoing series that will feature the latest in Hill home value changes straight from a Hill expert real estate agent. Jason Martin is one of the founding partners of Keller Williams Capital Properties and the principal at the Jason Martin Group. You may contact Jason at 202-641-0299.
Sales are down slightly in 20002 compared to this time last year, but spring is just around the corner. That means more listings and open houses to choose from on both sides of the Hill. The overall trend still shows that it’s a great time to buy on Capitol Hill.
20002
| Feb-14 | Feb-13 | % Change | |
| Sold Dollar Volume | 22,807,300 | $23,551,550 | -3.16% |
| Avg Sold Price | $495,811 | $511,990 | -3.16% |
| Median Sold Price | $482,500 | $445,375 | 8.34% |
| Units Sold | 46 | 46 | 0.00% |
| Avg Days on Market | 37 | 36 | 2.78% |
| Avg List Price for Solds | $499,528 | $516,441 | -3.27% |
| Avg SP to OLP Ratio | 100.2% | 100.1% | 0.07% |
20003
| Feb-14 | Feb-13 | % Change | |
| Sold Dollar Volume | $17,591,400 | $17,851,200 | -1.46% |
| Avg Sold Price | $676,592 | $615,559 | 9.92% |
| Median Sold Price | $627,500 | $545,000 | 15.14% |
| Units Sold | 26 | 29 | -10.34% |
| Avg Days on Market | 45 | 87 | -48.28% |
| Avg List Price for Solds | $687,881 | $620,508 | 10.86% |
| Avg SP to OLP Ratio | 97.4% | 98.4% | -0.96% |