TTR Sotheby’s Releases Third Quarter Market Reports


DC Cover

The sales numbers for Washington, DC; Virginia; and Maryland show good news for clients of and for the quarter ending September 30, 2015. Highlights include:

  • “The total sold dollar volume in Washington, DC increased 7.38%, and the median sold price increased 4.62%. Condominium and Co-op sales in Washington remained strong with average sold prices increasing 4.14%.”
  • “Fairfax County continues to lead the regional market in terms of overall sales, and sold dollar volume increased a healthy 12.53% to $6.4 billion through September 2015. The number of units sold increased 10.96% at a median sales price of $478,000, a 3.46% increase over last year. Homes priced above $2.5 million continued to reflect excellent buying opportunities.”
  • “Montgomery County market dynamics were comparable to those in Fairfax County. Total sales volume increased 11.49% to $4.7 billion. Median sales prices remained unchanged…”

If you like to see more of these stats, the full reports are available here:

Washington, DC Third Quarter Market Report

Virginia Third Quarter Market Report

Maryland Third Quarter Market Report

To get the most out of these statistics, why not talk with Jeff Wilson or Daniel Heider? Understanding market trends gives you the power to make the best decisions. Whether you’re contemplating a real estate purchase or a sale anywhere in the Capital Region, look to and for the ultimate resource with the right properties, the right firm, and the right agents. You owe it to yourself to start a conversation with Jeff Wilson and Daniel Heider. Make sure you have every advantage possible working in your favor.

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