Monday, November 7, 2011

The Penn Quarter Real Estate Market

Local real estate firm Long & Foster has released their "Market Minute" for the Penn Quarter and Shaw areas.   Condo owners are in for some great news: the median sale price for PQ and Shaw homes increased by a staggering 26% between September 2010 and September 2011.  On average, sellers are getting 98.4% of their list price when the sale goes through - after an average of 33 days on the market.

The full report is available here and is rich with information about the area.

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