Pricing Your DC Home In Topsy-Turvy May
By Susan Isaacs, Real Estate Consultant, Washington DC | N Virginia Top Agent
(Compass)
This Isn't 2022's DC Real Estate Market.It's changed. And sellers should, too.You're ready to move on, and you want to sell your Washington DC home quickly... at the highest possible price. But what is that number? Recent data indicates that quite a few sellers are having trouble figuring that out. Last week, home showings in Washington DC dropped week-over-week, but improved from the same week last year The number of new contracts inched up week-over-week, but down year-over-year, and homes took longer to sell Median list price was down significantly year-over-year--and by nearly $50,000. week-over-week Fewer active listings reduced their price than the week and year prior. Sellers now seem to be realizing that overpriced homes have been taking repeated price reductions (called "chasin...
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