Eckington By The Numbers | 02.18.2023

The number of properties listed as Active moved from 33 last week to 27 this week. It's hard to tell if we are building up for spring or just sort of clearing home stock as it comes. I am noting that if a home is priced correctly the home is moving off the market quickly. If a home is overpriced, the market is really turning its back on them and the homes are sitting much longer.  Now more than ever it appears to be very critical to price and present a home correctly to avoid any potential stalling. 

Eckington By The Numbers 2.11.2023

A few data notes. The number of properties listed as Active moved from 27 last week to 33 this week. We expect that number to increase as we head into warmer weather. The average number of days on the market is 62. For comparison, the average for all of DC is 59 days on the market. Last year at the same time it was 45 days on the market. We changed our summary tracking numbers. We added the average sales price per home type; 1 bedroom, 2 bedroom and single family home. We removed the median sales price. We feel these numbers are more informative to owners tracking their own value based on the current market. - John Coplen