Eckington By The Numbers || Weekend 06.08.2024

Pride is often a quieter weekend in the real estate world, and this weekend is no exception. Currently, there are 40 active listings, up from 39 last week. Additionally, there have been five closings in the past 30 days. As we get into the hotter days of summer, it's important to adjust your strategy for buying and selling accordingly. Folks in the summer are a bit less focused on real estate as we all take some time to go on vacation and skip out on hot DC weather. It makes it extra important that your listing stands out from the crowd, both online and in person. If you're planning on selling in this window of time, take extra care that the curb appeal and experience of seeing your home in person feels flawless.

Eckington By The Numbers || Weekend 06.01.2024

Keeping it brief this week: We have three good openings today. Currently, there are 39 active listings, down from 49 last week. Additionally, there have been five closings in the past 30 days. Even with the sustained higher rates, people still need to buy and sell. Things are consistently moving if priced right.

Here is a bit about rates, we had a welcome dip in rates last week. As of Friday, May 30 2024, the current average interest rate for a 30-year fixed mortgage is 7.17%. *We source this data from Mortgage News Daily.