Realcorp, Home Buyer in Washington, DC

What is the average square foot price for condominiums sold in the Kalorama District of Washington, D.C.

Asked by Realcorp, Washington, DC Sat Feb 12, 2011

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Here's some additional 411 that might help you, Realcorp:
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.
0 votes Thank Flag Link Sun Mar 13, 2011
Hi,
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 .

Regards,
--
Zaza Pasori | PenFed Realty
11864 Sunrise Valley Drive,Reston,VA 20191
T. 202-412-5221 F. 703-716-0017 O.703-716-2900
http://www.penfedrealty.com

Equal Housing Opportunity
0 votes Thank Flag Link Sat Mar 12, 2011
Feel fee to drop me an email and I can send over to you prices and price/sf of condos sold in Kalorama.

Thanks

Melissa Barkalow
mbarkalow@comcast.net
0 votes Thank Flag Link Sat Feb 12, 2011
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