What is the Average Sale Price for Real Estate in Washington DC?

Rocket Homes Real Estate LLC is devoted to providing digital accessibility for people with disabilities. Our real estate market reports are calculated by Rocket Homes Real Estate and are based on MLS data. The information related to real estate for sale on this website is part of the BRIGHT Internet Data Exchange program, a cooperative and voluntary exchange of data on property listings between authorized real estate brokerage firms that BRIGHT provides through a licensing agreement. In the past month, demand for condominiums and cooperatives has seen a slight increase, so it will be interesting to observe if this leads to an increase in prices during the second quarter.

Generally, single-family home prices tend to be lower in the first quarter of the year, so we anticipate a rebound in the coming months. The main office of Rocket Homes Real Estate LLC is located at Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226. Rocket Mortgage, LLC, Rocket Homes Real Estate LLC, RockLoans Marketplace LLC (operating as Rocket Loans), and Rocket Auto LLC are independent operating subsidiaries of Rocket Companies, Inc. When it comes to real estate in Washington DC, the average sale price is highly dependent on the type of property being sold. Single-family homes tend to have higher sale prices than condominiums or cooperatives. Additionally, the location of the property can also affect the sale price.

Properties located in more desirable neighborhoods tend to have higher sale prices than those located in less desirable areas. The average sale price for single-family homes in Washington DC is currently around $650,000. This number can vary depending on the size and condition of the home as well as its location. Condominiums and cooperatives tend to have lower average sale prices than single-family homes. The average sale price for condominiums and cooperatives in Washington DC is currently around $400,000. It is important to note that these numbers are averages and can vary greatly depending on the specific property being sold.

Additionally, these numbers can change over time as market conditions fluctuate.

Emmett Whitson
Emmett Whitson

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