How’s the Market? Washington DC December 2012

032Two words: low inventory! Inventory was 39% lower this past December compared to December 2011.

Demand in DC remains strong. Sales were up 12% in December 2012 versus December 2011.

No surprise then – with strong demand and low supply – prices are going up. Median prices in DC were up 10% in December 2012 relative to December 2011.

Check out this video for details!

What does this mean? Buyers need skilled agents to help them navigate this market. Let me know if I can help. I take pride in helping my clients put together the most competitive offer possible!

For sellers, quick sales and increasing prices make it a great time to sell. Even if you are just considering the idea, I’d love to provide an initial consultation.

Contact me today! jennifer.macomber@gmail.com / 202-905-5369

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Filed under How's the Market?, Real Estate

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