So I'm headed downtown today and it's insanely hot in DC, no I mean seriously its
Muy Caliente!!!
As a true Washingtonian we say "welcome to DC the day after Memorial Day." Here comes the dog days of summer but with the heat comes the fun in Washington, so much to do and so little time. The warmth of the sun brings out the best in everyone; smiles, sunshades, cool dresses and fabulous sandals and Georgetown is no exception. The vibe is amazing and the buzz of the city abounds all around you as the day gets under way. People are everywhere men, women, children. People on the street, from the gentleman in the skinny Versace Suite to the den mom #fashionista wearing the incredible pair of Espadrilles and cute Maxi Dress. Who do you identify with? Or perhaps you're somewhere in between. Either way Georgetown is the happening spot! People not only live here, they work here! Whether in Washington Harbor on the waterfront, or a little further up in a boutique shop off Wisconsin Avenue between M and Glover Park. Somewhere in the mix of it all are the hideaway neighborhoods that flank all the excitement. So here comes the latest on the real estate market in Georgetown Washington, DC.But wait.... I can't get it started without first stopping in to one of my favorite spots in Georgetown, Dean and Deluca's.Time for an iced latte!!!Is the Georgetown market heating up along with the temperature?Absolutely!! This is a hot market for sellers!! Your values have soared over the last 5 years and are continuing a steady climb. Year over year Georgetown is recognizing a 8.24% increase in sold dollar value for units. While the values go up up and away, the average days on market are down month over month by 46.09%. Wonderful news and a perfect storm to list your home for sale now and realize your equity.
Adding to this wake in the market is the Average Sold to Original List Price topping out at 98.93% overall.
This chart is for attached homes in Georgetown. What type of home do you live in? What is the dollar value that you would like to get for your home? How many days on market do you want it to take from list to sell? What about your living square footage, how does that affect the Average Sold to Average List Price? If you would like answers to these and many other detailed questions inbox me. I take a look at the market detailed from your homes perspective not the general market place. Free Real Estate Reports available 24/7.
Find Homes for Sale in GeorgetownVisit my website to search for homes in Georgetown or to be notified when homes in Georgetown come on the market.To find out what you home is worth in the current market email me or call 202-438-1056.Join me in a cool Cup of Joe over the summer. Be sure to share with me your favorite coffee shop in Georgetown along with a picture of you as you enjoy it!
No comments:
Post a Comment