Instead of relying on general observations about the state of our market, we use a calculation called Absorption Rate to obtain hard data to determine if we are in a Sellers’ market or a Buyers’ market.
6 Month Supply = Balanced Market
Less than 6 Month Supply = Sellers’ Market
More than 6 Month Supply = Buyers’ Market
Here is our formula:
Current Active Listings/Average Number of Sales Per Month over a given time.
We did an analysis below for three areas to show that we are clearly in a Sellers’ Market. According to today’s numbers, there is only a 3.1 month’s supply in Georgetown, 1.3 month’s of supply in Capitol Hill and 1.5 month’s supply in Arlington.
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2315 S Street, NW
$5,995,000
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2426 Wyoming Avenue, NW
$4,900,000
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2101 Foxhall Road, NW
$3,850,000
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2850 27th Street, NW
$2,388,888
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1714 10th Street, NW
$2,095,000
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2003 Belmont Road, NW
$1,815,000
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2212 Massachusetts Avenue, NW
$1,795,000
OPEN HOUSE: Sunday, September 27th 1-4PM
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1601 5th Street, NW #D
$1,495,000
OPEN HOUSE: Sunday, September 27th 1-4PM
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1302 W Street, NW
$1,399,000
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THE MAISONETTE
940 P Street, NW
Residence #B - $1,240,000
Residence #A - $1,475,000 - UNDER CONTRACT
OPEN HOUSE: Sunday, September 27th 1-4PM
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1401 Q Street, NW #205
$1,175,000
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MORGAN HEIGHTS
2717 Ontario Road, NW
Residence #401 - $899,000 - Coming Soon
Residence #102 - $729,000 - Coming Soon
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HAVEN HEIGHTS
1919 35th Place, NW
Residence #3 - $899,000
Residence #4 - $899,000
OPEN HOUSE: Sunday, September 27th 1-4PM
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POET PLACE
1923 9th Street, NW
Residence #5 - $799,000
Residence #3 - $779,000
Residence #1 - $759,000
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We began working with Daryl and his team at the strong recommendation of a friend and knew that our Bethesda condo was in good hands. When the coronavirus hit and people became hesitant to buy in multi family buildings, Daryl was not deterred. He prepared brand new marketing materials and jump-started a new campaign for our property, resulting in the highest priced Bethesda condo sale of the year. Thanks Daryl and Anthony! |
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Leading The Washington DC Market Share |
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Thank you to our wonderful Washington Fine Properties clients who put their trust in the power of the brand! With just 168 agents throughout the Capital Region, we consistently outperform our competition and that is why DC’s most discerning clients turn to the team that consistently produces successful results. We love what we do and take pride in creating success stories for all our clients. |
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From breathtaking home video tours and stunning before and after remodeling shots, to the creation of record breaking success stories and inspirational home improvement ideas, The Kimberly & Daryl YouTube Channel works hard at providing a balance between entertainment and value to our viewers. If you haven’t already had the chance to visit our channel, go check out some of our content! While you’re there, don’t forget to hit that big red SUBSCRIBE button!
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Search For Your Neighborhood Home Here |
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Are you looking for property in a specific neighborhood? We have created searches so you can focus on the areas where you are most interested in your home search. Click on any of the following neighborhoods to see a list of properties currently for sale. If you would like to schedule an appointment to view any of the properties, please give us a call. |
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Backed by the prestige and power of Washington Fine Properties, Kimberly & Daryl's track record speaks for itself. They are consistently ranked among the top teams nationally and locally, with almost a billion dollars in sales!
They are referenced as “Power Brokers” and “Real estate phenoms” in the press and have recently been featured in the Wall Street Journal, Washington Post, NY Times, Capitol File, DC Modern Luxury, Washingtonian, Washington Life, Washington Business Journal, the Georgetown Dish, and more.
Their reputation has been forged by offering the same level of dedication and enthusiasm to each transaction they pursue. With access to private listings, developer pipelines and their finger on the ever-changing pulse of the Washington, DC market, Kimberly & Daryl give their clients an undeniable edge.
- Average Days on Market: Seven
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Average Sales Price: $1,609,750
- Average Sales Price Over Asking Price: 101%
For many of us, buying and selling a home is the biggest financial transaction of our lives. Accept nothing but the best, with access to the finest.
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#1 on the East Coast for the Highest Average Sales Production per agent
#1 for the Highest Average Sales Price on the East Coast
#1 in the Capital Region for Top Ranking Agents
#1 for Luxury Sales
#1 in Global Reach. Member of three global networks giving our clients the largest and most extensive global reach in 6 continents and 40 countries
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