"Rowhouse blocks and condo towers alike move in a somewhat expensive DC market-the median sale price last month hovered at $680,000."
"Homes are selling in about 57 days with an average of 2 offers."
"Properties with a large and open floor plan sold for 5.5% over list price, and new construction is drawing attention, averaging 2,400 views per listing."
Rowhouse blocks and condo towers compete in an expensive Washington, DC market where the median sale price last month hovered at $680,000. Properties are selling in about 57 days on average and receive roughly two offers each. Homes featuring large, open floor plans sold for about 5.5% over list price, indicating buyer willingness to pay premiums for spacious layouts. New construction attracted disproportionate online interest, averaging approximately 2,400 views per listing. These indicators suggest sustained buyer engagement with particular preferences for modern, open designs and newly built units despite elevated price levels and moderate selling timelines.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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