Colonial Village/shepherd Park (Washington, DC)
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By Patricia Kennedy, Home in the Capital
(RLAH Real Estate)
My first time in Washington's Colonial Village was to play my flute at a wedding in a stately brick colonial home on a circle where Plymouth Street meets Parkside Lane.  The attractive couple met in Spain.  She spoke no Spanish.  He spoke no English.  I've often wondered how that marriage worked out! After I got into real estate, I found my way into many more Colonial Village homes, and I can understand how the people who live there love to call it home.  The neighborhood is surrounded by Rock Creek Park on three sides with 16th Street its eastern border.  Many of the homes in the oldest section of Colonial Village are said to replicas of historic colonial homes.  There are currently 5 homes for sale in Colonial Village, with prices ranging from a high of $1.56 million on Sycamore Stree...
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By Catarina Bannier, DC Real Estate The Smart And Fun Way
(Compass)
Last year, I took at special look at some neighborhood statistics for the third quarter. I’ll do the same now. Why? Because the third quarter is a vulnerable time where trends show up in a more pronounced way. The market typically isn’t as slow as it is at the end of the year, but late summer/early fall is relocation time and often reflects strategic and economic decision home sellers and buyers make--in reaction to the local as well as national economy. Let’s start with the market activity in Colonial Village. What do we see here? First of all, it seems that the number of closed sales has been stable (as compared to the same season in previous years). The fact that fewer properties went under contract is easily explained by the low volume, however. Not a single new listing came on the ...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC)
Colonial Village/Takoma Park DC Real Estate Market Report Zip code 20012-August 2011 Some parts of Brightwood NW DC can also be considered a zip code 20012. Washington DC Real Estate Market is performing strong. With less than four months left,will the Washington DC Real Estate Market end at the finish line strong? Let's pray so. Average sold price of a Colonial Village/Takoma Park DC home for sale in August 2011 was $416,494. Last year Average sold price of a Colonial Village/Takoma Park DC home for sale was 498,754. This is down 16.49% from last year. 17 Colonial Village/Takoma Park DC homes sold in August 2011. This is up from 13 Colonial Village/Brightwood DC homes that sold in August last year. Out of the 17 home sales,10 of Colonial Village/Takoma Park DC Home buyers used a Conven...
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By Catarina Bannier, DC Real Estate The Smart And Fun Way
(Compass)
After yesterday's look at Rock Creek Forest just across the District Line, let's see what's available in neighboring Colonial Village on the DC side. There are 6 properties offered for sale in Colonial Village DC right now, with asking prices ranging from $650,000 to $4,000,000.  7 are under contract, with asking prices between $579,900 and $713,543,00, after spending an average of 71 days on the market.  (Look out for the 1st quarter market analysis due in the next week or two.) The active Colonial Village listings (courtesy of MRIS), in ascending order of price:   1711 Tamarack St NW 3 bedrooms, 3 full baths $650,000 Listed by Murchison-John Realty           1610 Juniper St NW 4 bedrooms, 3 full and 1 half bath $719,000 Listed by Prudential Ridgeway Realty           1901 Sudbury Rd NW...
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By Catarina Bannier, DC Real Estate The Smart And Fun Way
(Compass)
Is it really so bad, so dead?  Why are there so few houses on the market? Well, the 3rd Quarter of 2010 is over, and it's time to look at some comparative statistics.  As every season is different when it comes to some enduring factors in DC real estate, we will compare to the same quarter of the previous year. First of all, the impression that few people are putting their homes on the market at the moment seems correct.  In comparison to the 3rd Quarter of 2009, closed sales have dropped 50% (from a total of 4 in 2009 to a total of 2 this year).  Similarly, the number of new homes entering the market in Colonial Village and the number of new contracts on existing listings went down as well.  The graphic on the left demonstrates the trend impressivly. So, in a neighborhood with traditio...
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By Damon J. Brockenberry, Damon The Agent
(Keller Williams Preferred Properties)
Depending on the outcome of the short sale there have been various answers to this question.  Majority credit is affected, some bring cash to the table, others do a promissory note, while many look for the bank to defer the difference in which many home owners still find themselves paying taxes on a partial mortgage on a home they no longer own.  The truth is effective June 30th 2010 the guidelines have once again change. Click for more! Washington, DC Real Estate Services Damon The Agent specializes in selling homes in Washington, DC, Maryland, and Virginia.  Short Sales, Foreclosures, New Homes, Regular Sales. 240-694-6460
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