February 2011 Real Estate Market Statistics for 20009 Dupont/Adams Morgan, DC..
Statistic Values YoY MoM
Total Sold Dollar Volume $23,281,899 -1.23% +2.49%
Closed Sales 40 -13.04% -9.09%
Median Sold Price $495,500 +19.73% +0.2%
Avg Sold Price $582,047 +13.59% +12.74%
Avg Days on Market 84 days -17.65% +23.53%
Avg Sold to Avg List Ratio 94.85% +6.96% -0.08%
Some of the best deals in Kalorama and adjoining locations are co-ops. If you're not familiar with co-ops, see this page: http://www.susanisaacsre.com/tools-2-use/co-ops.html
and also this one: http://www.susanisaacsre.com/tools-2-use/lending.html for a co-op lender you can contact for a pre-qualification and detailed explanation on co-op financing. Co-op lending is more affordable than people generally think. Also, there are tax benes you won't get with a condo if you qualify.
Happy humting and email me if you need any help.
The price per sq ft in Kalorama area is around $550 for existing condominiums. This price is slightly higher with brand new condominiums.These numbers are based on sales December 1,2010 to March 1,2011 .
Zaza Pasori | PenFed Realty
11864 Sunrise Valley Drive,Reston,VA 20191
T. 202-412-5221 F. 703-716-0017 O.703-716-2900
Equal Housing Opportunity