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Thomas Williams
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Real Estate Services
Thomas Williams - McEnearney Associates, Inc.
Thomas Williams
Office:
202-552-5600 x611
Direct Dial:
202-552-5611
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Metro Washington Residential Real Estate Market Report 2007
(Click to Download)
Washington DC MarketWatch - The Promise - And The Perils - Of Pricing
The market has continued to be sluggish in Washington, DC, with year-to-date new contract activity falling almost 30% compared to the first five months of 2007. However, as the table on page 2 shows, DC is the only jurisdiction in the metro area with a year-to-date increase in the average sales price, up 4.7%. While some the outlying areas have seen increases in contract activity, those increases are the result of home prices that have dropped significantly. Nowhere is the impact of falling home prices more apparent than in Prince William County, Virginia. Year-to- date contract activity there is up almost 75%, but the average sales price is down almost 30%. When the price is right, there are buyers out there. We prefer the relative stability of the DC market, which has not seen the huge swings in home prices! More

My Listings
412 LAMBERTON DR
SILVER SPRING, MD, 20902
County: MONTGOMERY

Price: $429,000 - For Sale
Status: ACTIVE

Bedrooms: 3
Baths: 2 full
Fantastic Colonial
4640 RESERVOIR RD NW
WASHINGTON, DC, 20007
County: WASHINGTON

Price: $1,155,000 - For Sale
Status: ACTIVE

Bedrooms: 4
Baths: 3 full
209 PRIMROSE ST
CHEVY CHASE, MD, 20815
County: MONTGOMERY

Price: $1,345,000 - For Sale
Status: ACTIVE

Bedrooms: 7
Baths: 3 full / 1 half
Incredible Value!
2313 WASHINGTON AVE
CHEVY CHASE, MD, 20815
County: MONTGOMERY

Price: $655,000 - For Sale
Status: ACTIVE

Bedrooms: 3
Baths: 2 full / 1 half
Great Value!
3324 RESERVOIR RD NW
WASHINGTON, DC, 20007
County: WASHINGTON

Price: $1,795,000 - For Sale
Status: ACTIVE

Bedrooms: 4
Baths: 4 full
Spacious Cape Cod
5711 UTAH AVE NW
WASHINGTON, DC, 20015
County: WASHINGTON

Price: $1,125,000 - For Sale
Status: ACTIVE

Bedrooms: 4
Baths: 3 full / 1 half
Transformed Colonial
3916 VIRGILIA ST
CHEVY CHASE, MD, 20815
County: MONTGOMERY

Price: $1,999,990 - For Sale
Status: ACTIVE

Bedrooms: 5
Baths: 4 full / 1 half
WESLEY HEIGHTS
2929 49TH ST NW
WASHINGTON, DC, 20016
County: WASHINGTON

Price: $8,000,000 - For Sale
Status: CONTRACT

Bedrooms: 4
Baths: 4 full
HARRISON NW
WASHINGTON, DC, 20015
County: WASHINGTON

Price: $125,000 - For Sale
Status: CONTRACT