The Georgetown Report by Russell Firestone | The Real Estate Market in Georgetown and Washington DC
The Real Estate Market in Georgetown and Washington DC
I represented the seller of this incredible unit is the entire floor of the building with over 1,400 sq ft. High ceilings and open floor plan with wood floors and designer finishes from Porcelanosa. Kitchen features Viking appliances and marble counter tops. Master suite with large master bath and California Closets designed walk-in. Parking for two cars included.
Asking: $1,195,000.00
I am honored to be named one of the Best Real Estate Agents in Washington D.C. by Washingtonian Magazine!
From the Washingtonian Magazine survey:
“With the area’s housing prices and population continuing to rise, it’s a great time to be a real-estate agent. Here, in 12 categories, are agents and teams who produced the highest sales volumes in Washington last year, along with where they’re licensed.
While our directory of top-producing agents, which starts on page 63, is based on sales volume, this list of best agents takes many factors into account—and was much more complicated to compile.
We sent surveys to nearly 16,000 recent Washington homebuyers asking them to rank their agents on a series of criteria, including integrity, market knowledge, and negotiation skills. We called mortgage brokers and settlement attorneys to ask whom they most enjoy doing business with and whose clients always seem happiest.
And of course, we asked dozens of agents to dish about their peers.
Based on these layers of reporting, we came up with the following 99 names. And for readers house-hunting in particular areas, we included neighborhoods where each agent does business. But these are just examples—many of them work all over Washington.”
Click here to see the full article in Washingtonian Magazine.
I am the listing agent for this c. 1800 Federal townhouse in the East Village which has been updated with no detail spared. Completely renovated kitchen with granite counters, Italian tile and stainless steel appliances. Renovated master bath features Waterworks fixtures and marble tile. 3 additional bedrooms with 2 beautifully renovated bathrooms. French doors open onto flagstone terrace, landscaped backyard with parking.
Link to Virtual Tour
List Price: $2,495,000.00
In the month of October, there were 12 sales in Georgetown with an average sale price of $1,574,167 with a total sales volume of $18,890,000. All sales data provided by MRIS. This is the link to the PDF list of properties that were sold in Georgetown in October: October Real Estate Report
In the month of April, there were 16 sales in Georgetown with an average sale price of $988,563.00 with a total sales volume of $15,817,000.00. All sales data provided by MRIS. This is the link to the PDF list of properties that were sold in Georgetown in April: April Real Estate Report
According to Standard & Poor’s Case Shiller Home Price Index, the Washington DC metropolitan area home prices increased +4.1% year over year as of December 2010. The second best market is San Diego which only increased by +1.7% year over year. In stark contrast, New York decreased-2.3% and Chicago by a staggering -7.4%.
Click below for the press release.
