Tuesday, October 23, 2007

Surprise: DC SFH Volume Sales Down, Prices Up

Yesterday a fellow blogger, Keith of DCHousingPrices.com, released his monthly analysis of the local real estate market. After what seems to be an extremely thorough report some surprising results seem to have arisen out of his data. From what I understand, while the DC market volume is down nearly 10% this year when compared to 2006, average single family home prices are up over 11% for the year (as compared to condos which are down 1.5% for the same period.

Surprised?

Me too.

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