Pat Kennedy - Your Washington, DC Real Estate Connection

head_left_image

Great Washington, DC Neighborhoods: Crestwood Market Report

Great Washington, DC Neighborhoods:  Crestwood Market Report

Summer is here, and it’s still a good time to put your Crestwood home on the market – as long as the price is right and you’ve taken the time to properly prepare it to appeal to buyers.  Around the city, we are still seeing low inventories, but not all homes are flying off the shelf.

In Crestwood, there are 8 houses for sale, and 6 of them have been on the market for two months or more.  Of the 4 houses under contract, 3 sold in 16 or fewer days. 

Year to date, 19 Crestwood homes have sold, with 10 of them going at or over their list prices.  During the same period in 2012, there were 10 sales, and 4 were at or over list. 

But what about the actual sales figures compared to this time last year?  Here they are:

Year to Date

2013

2012

Number of sales

19

13

Highest sold price

$1,270,000

$1,475,000

Lowest sold price

$580,000

$500,000

Median sold price

$896,000

$830,000

Average sold price

$887,836 $831,738

Days on the market

52 days

65 days

All of the numbers for 2013 look better than those for 2012, except for the highest sold price.  But that was for an enormous home that would have sold for a lot more than that in today's market. 

If you would like more information about Crestwood, or if you are planning a move to or from the Washington metropolitan area, I can help.  I am licensed in DC, Maryland and Virginia.  Please email me at Housepat@mac.com or call 202-549-5167. 

 

 

Comment balloon 3 commentsPatricia Kennedy • June 28 2013 06:42PM
Great Washington, DC Neighborhoods: Crestwood Market Report
share
Great Washington, DC Neighborhoods: Crestwood Market Report Summer is here, and it’s still a good time to put your Crestwood home on the market – as long as the price is right and you’ve taken the time to properly prepare it to appeal to… more
This Year's Summer Market: A Time to Sell?
share
Most years, the DC area real estate market starts to pick up in January, unless, of course, we have some huge blizzard and we need to wait for the snow to melt. Then things really go nuts when all of the cherry and dogwood trees are in full bloom,… more
Great Washington, DC Neighborhoods: American University Park
share
Great Washington, DC Neighborhoods: American University Park American University Park is sort of a variation on a brick colonial theme. While there isn't a great deal of architectural diversity in the neighborhood, there is a sprinkling of… more
Great Washington, DC Neighborhoods: Colonial Village Market Update
share
My first time in Washington's Colonial Village was to play my flute at a wedding in a stately brick colonial home on a circle where Plymouth Street meets Parkside Lane. The attractive couple met in Spain. She spoke no Spanish. He spoke no… more
Baying at the Super Moon!
share
When the moon is full and closer than usual to the earth, they call it a Super Moon - and it's what we had last night. So of course I had to bring my Nikon P500 with it's Super Zoom with me to have dinner with a friend at a sidewalk cafe in… more
Great Washington DC Neighborhoods: Forest Hills
share
Of all of DC's neighborhoods, Forest Hills may be the most aptly named. Its very hilly and abuts Rock Creek Park, Washington's closest thing to a real forest. And within the neighborhood itself, there is a beautiful canopy of mature trees framing… more
Great Washington Neighborhoods: Cleveland Park
share
Great Washington Neighborhoods: Cleveland Park If you are in search of a big house with history in the DC area, you are likely to find one in Washington's Cleveland Park And it's not only the wonderful architecture that lures people to… more
HOW TO Take Pictures of Fireworks with Your Smartphone.
share
Marilyn has some great tips that I'd nevere heard of before. And it's not just for the 4th of July fireworks photos! It will work for houses, pets and other photo opportunities. If you'd like to leave a comment, drop by Marilyn's blog and… more
And Visions of Bidding Wars Danced in Their Heads!
share
OK, so the Washington area real estate market does not exactly suck. Some homes are getting multiple offers and selling over asking price. But if you are planning to sell you DC home, you just can't rely on a bidding war breaking out over your… more
Capitol Hill: It Isn't Just About the Nation's Capitol
share
Capitol Hill: It Isn't Just About the Nation's Capitol Capitol Hill is more than the Capitol building, the Library of Congress and the Supreme Court. It's really one of Washington's most popular places to live, and with good reason. .. more