Posted on April 17, 2012 by Corey Hart
Apr

17

2012

We've done a deep-dive into ZIP Code data for the 1st quarter of 2012 for the Greater DC Area. Part 1 looks at leading ZIP codes according to Average Price per Square Foot trends, including:

  • Most Expensive ZIP Codes by average price per square foot
  • ZIP Codes with Biggest Jump in average price per square foot (YoY)
  • Most Affordable ZIP Codes by average price per square foot
  • ZIP Codes with Biggest Dip in average price per square foot (YoY)

 

Posted on April 10, 2012 by Corey Hart
Apr

10

2012

Active Inventory Down over 25% from March 2011 Level

Rockville, MD (April 10, 2012) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by RealEstate Business Intelligence (RBI), and is based on the March 2012 RBI Pending Home Sales Index™ released today.

View PDF version

OVERVIEW

Pricing in the DC Metro Area continued recent positive trends, with year-over-year median sale price gains in March and in the first quarter of 2012.  Active inventory remains low compared to demand, with only 3.2 months of supply. Foreclosures continue to account for a decreasing portion of the DC Metro market. March home sales were down slightly year-over-year, though new contract activity was up compared to March 2011.

Posted on March 12, 2012 by Corey Hart
Mar

12

2012

New Foreclosed Listings at Lowest Level since March 2008

Rockville, MD (March 12, 2012) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by RealEstate Business Intelligence (RBI), and is based on the February 2012 RBI Pending Home Sales Index™ released today.

View PDF version of this analysis

OVERVIEW

The 2,507 homes sold in the Washington, D.C. Metro Area represent the highest February total since 2007. Inventory levels continue to decline with the 9,823 active listings to end the month representing the lowest supply of homes since August 2005. With 368 active foreclosures representing only 3.7% of the active market (the lowest level since July 2008) and the fewest new foreclosures entering the market since March 2008, pricing continues to stabilize with median sales price up 6.0% over February 2011 levels. 

 

Posted on February 10, 2012 by Corey Hart
Feb

10

2012

Foreclosed Inventory & Sales Continue to Decline

Rockville, MD (February 10, 2012) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by RealEstate Business Intelligence (RBI), and is based on the January 2012 RBI Pending Home Sales Index™ released today.

View PDF version of this release

OVERVIEW

Inventory levels continue to shrink in the Washington, D.C. Metro Area compared to years past, with only 10,095 active listings representing the lowest January level since 2005. Against this backdrop of reduced inventory, the number of contracts signed in January still managed to outpace the five-year January average by a sizable 22.0%. Foreclosed inventory is down sharply year-over-year with 67.2% fewer foreclosed properties for sale at month’s end compared to January 2011. The average sold price per square foot for foreclosed properties in January was less than half the $289 price per square foot level for traditional sales.

 

Posted on January 10, 2012 by Corey Hart
Jan

10

2012

 

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