This is an ongoing series that will feature the latest in Hill home value changes straight from a Hill expert real estate agent. Jason Martin is one of the founding partners of Keller Williams Capital Properties and the principal at the Jason Martin Group. You may contact Jason at 202-641-0299.
Once again the stats are revealing what those of us in the business know and that’s the 20002 and 20003 zip codes are incredibly strong. In some categories you are seeing almost a 25% increase (sold dollar volume, average sales price, median sales price) from November 2012. Often times clients will ask are November and December a bad time to list my home? The stats do not lie! Happy Holidays.
| Nov-13 | Nov-12 | % Change | |
| Sold Dollar Volume | 32,639,447 | $25,754,349 | 26.73% |
| Avg Sold Price | $572,622 | $451,831 | 26.73% |
| Median Sold Price | $531,000 | $404,900 | 31.14% |
| Units Sold | 57 | 57 | 0.00% |
| Avg Days on Market | 38 | 53 | -28.30% |
| Avg List Price for Solds | $577,529 | $455,111 | 26.90% |
| Avg SP to OLP Ratio | 98.2% | 98.1% | 0.11% |