Real estate results way down


Total homes sold:

●First half 2010: 147

●First half 2011: 107 (down 27 percent)

Average starting price:

●First half 2010: $1,377,478

●First half 2011: $ 1,471,836 (up 7 percent)

Average selling price:

●First half 2010: $1,242,767

●First half 2011: $1,307,922 (up 10 percent)

Average drop in price from list:

●First half 2010: 9.8 percent drop

●First half 2011: 11.1 percent drop

Average cost per square foot:

●First half 2010: $719.05 $/SQF

●First half 2011: $685.68 $/SQF

[Continue reading Topher Mathews’s post here at The Georgetown Metropolitan.]

Topher Mathews blogs at The Georgetown Metropolitan . The Local Blog Network is a group of bloggers from around the D.C. region who have agreed to make regular contributions to All Opinions Are Local.

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