D.C. Condo Sales: Are You Selling Above or Below Average?

by Ruth Samuelson April 15th, 2009October 1st, 2020

Lists! We all read ’em.

I don’t do too many here. But this Delta Associates first quarter condo report is just crying out for a simple, concise list. Here’s an easy compilation of averages about D.C. sales. If you’re looking for something meatier, let me suggest the link above, offering up 133 pages of fun.

.8-The change in average price-per-square foot for new condo sales in the District comparing March 2008 and March 2009. The same numbers have dropped much more in NoVa (-4.4 percent) and suburban MD (-6.7 percent).

.8-The change in the median condo re-sale price comparing Feb. 2008 and Feb. 2009 . The District’s prices are holding much steadier than in suburban Virginia (-21.5 percent) and Maryland (-17.7 percent).

3- The average number of sales per month for condo projects in the Washington metro area.

29-The number of new unit sales in the first quarter in the District. Arlington/Alexandria topped this list in the area with with 121.

515-The average asking contract price-per-square foot for a condo in the District. That’s the highest in the region. It’s $475 in Arlington/Alexandria and $410 in Montgomery County.

Image by MVJantzen, Flickr Creative Commons