Market Update: Days on Market

May 28 20140 Comment

Single Family Homes on Capitol Hill

We are seeing a flurry of activity in Capitol Hill and reported last week that this neighborhood is proving to be a seller’s market (check out the data here in case you missed it). As you can see in the graph below, the average days on market was 31 in April and the average sales price was 98% of the seller’s asking. Choosing a smart pricing strategy is critical to the successful sale of your home. If you are considering selling your Capitol Hill property, let us know – we’d love to discuss your goals and how our approach can help you be successful in today’s market.