Monday, May 10, 2010, 1:23pm EDT | Modified: Monday, May 10, 2010, 4:39pm
D.C.-area home sales jump in April
Washington Business Journal - by Jeff Clabaugh
Read more: D.C.-area home sales jump in April - Washington Business Journal:
Residential sales in the mid-Atlantic region in April were up 25 percent from a year earlier, with the average number of days on the market down 26 percent, according to Metropolitan Regional Information Systems Inc.
The average sales price in the mid-Atlantic was up 4 percent from a year ago, MRIS says.
Prince George?s County had the highest year-over-year increase in sales, up 85.6 percent. Falls Church posted the biggest drop in days on the market, down more than 73 percent from 71 days a year ago to just 19 days last month.
In the District, total dollar volume sold was up 50 percent, the number of units sold was up 58 percent and average days on the market fell 30 percent, from 92 days to 64 days.
In Baltimore, total sales were up 24 percent, and average sales prices rose 10 percent from year-ago levels.
Read more: D.C.-area home sales jump in April - Washington Business Journal:
http://www.bizjournals.com/washington/stories/2010/05/10/daily9.html?ana=e_du_pap
