Washington D.C. Metropolitan Area - October 2014
Homes $1 Million+
96.6%
Oct-14
Aug-14
Jun-14
Apr-14
Feb-14
Dec-13
Oct-13
Jun-13
Aug-13
Apr-13
Feb-13
96.3%
Dec-12
Aug-12
Jun-12
Apr-12
Oct-12
95.2%
94.8%
Feb-12
99%
98%
97%
96%
95%
94%
93%
92%
91%
Dec-11
This month, the average number
of days on market was 67, higher
than the average last year, which
was 61, an increase of 9.8%.
Sale Price as % of List Price
Oct-11
In October, the average sale price
for homes more than $1 Million
was 96.3% of the average list
price, which is 0.3% lower than at
this time last year.
Days on Market
Homes $1 Million+
120
110
100
80
90 90
87
78
79
77
75
68
64
56
60
85
63
85
93
79
76
63
52
67
61 60
59
49
56
73
65
61 63
67
63
45
41
48
52
57
50
40
Oct-14
Sep-14
Aug-14
Jul-14
Jun-14
May-14
Apr-14
Feb-14
Mar-14
Jan-14
Dec-13
Nov-13
Oct-13
Sep-13
Jul-13
Aug-13
Jun-13
May-13
Apr-13
Mar-13
Feb-13
Jan-13
Dec-12
Oct-12
Nov-12
Sep-12
Jul-12
Aug-12
Months of Supply
.
18
Homes $1 Million+
16
14
12
10
8
6
4
2
15.7
11.9
9.6
12.8
12.3
10.6
10.6
6.9
6.4
6.6
6.5
10.3
11.9
7.3
5.4
10.1
10.4
7.2
7.0
5.0
4.6
4.9
5.8
7.9
8.7
8.0
5.2
10.0
8.4
8.4
7.1
6.0
5.4
5.7
7.1
9.2
8.8
In October, there were
8.8 months of supply
available, compared to
8.7 in October of 2013.
That is an increase of
1.1% versus a year ago.
Jun-12
May-12
Apr-12
Feb-12
Mar-12
Dec-11
Jan-12
Nov-11
0
Oct-11
20
0
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
longandfoster.com/Market-Conditions/LuxInsight.aspx.
WasHington d.C. MetropoLitan area
6