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Homes Sold in 2007

Burst My Bubble Year makes it official as widespread housing declines continued to hit DC and the rest of the country for a full second year of a gooey meltdown. The collapse of the housing market had a profound effect across all financial markets and institutions and with it the entire US economy. Foreclosures increased dramatically and we saw an increase in inventory as buyers sat on the fence to avoid getting drawn into this mess. Mortgage rates averaged from a low of 6.10% to a high of 6.70% but very few buyers were willing to take any chances and sellers resigned themselves to hold on to their homes and wait it out.

January

1/12/07
$424,000
906 Franklin Street
1/3/07
$300,000
435 Warner St
1/5/07
$285,000
1401 Edgewood St
1/30/07
$335,000
10101 Grosveror Pl
1/12/2007
$167,345
7915 Eastern Ave #314
1/12/2007
$325,000
7915 Eastern Ave #509
1/26/2007
$410,000
1201 West Hwy #236
1/29/2007
$279,900
7505 Democracy Blvd #A 318

March

3/30/07
$750,000
5747 4th St
3/21/07
$599,900
420 Highland ST
3/16/07
$163,160
7915 Eastern Hwy
3/13/07
$630,000
2325 42nd Street
3/12/07
$400,000
8045 Newell St
3/09/07
$205,000
500 Thayer St
3/16/07
$166,169
1201 West Hwy
3/2/07
$142,700
1201 West Hwy

April

4/16/07
$297,000
12158 Penderview Ter
4/30/07
$590,000
2370 Champlain St
4/30/07
$435,000
5913 Wood Sorrel
4/12/07
$336,000
1301 Walter Reed Dr
4/26/07
$709,000
1610 Simmons Dr
4/13/07
$259,000
300 M St SW
4/30/07
$400,900
1800 Wilson Blvd

May

5/10/07
$225,000
802 Arlington Mill Dr
5/31/07
$359,900
2325 42nd St

June

6/1/07
$400,000
13457 Photo Dr
6/15/07
$417,000
412 Silver Rock Rd
6/22/07
$225,000
816 Arlington Mill Dr
6/20/07
$599,900
1609 Dunterry Pl
6/08/07
$379,900
555 Massachusetts Ave

July

7/31/07
$1,439,000
309 Grove Ave
7/31/07
$658,000
14 Pershing Dr
7/25/07
$1,060,000
2518E Arlington Mill Dr

August

8/28/07
$312,500
14491 Four Chimney Dr
8/16/07
$430,000
400 Massachusetts Ave
8/31/07
$283,900
1000 New Jersey Ave
8/27/07
$480,000
4401 16th Street

September

9/7/07
$265,000
4000 Tunlaw Rd

October

10/31/07
$399,900
1020 Highland St

November

11/30/07
$459,900
2200 Westmoreland St
11/20/07
$306,000
2621 Walter Reed Dr

December

12/28/07
$424,400
34th St S

2007 Total: $17,735,374

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