Market indicators in DC were mixed this August. Buyer activity was down in August relative to last. There were more active listings this August compared to last, but fewer new listings coming on the market. [Source: Real Estate Business Intelligence]
My take: Buyers, competition is still strong for well-priced, attractive properties, but you have more options. Sellers, you must price carefully, get your property in tip top shape, and not necessarily expect quick or multiple offers.
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