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Homes Sold in 2009

It’s the Rescue Me Year for two reasons and it has nothing to do with Denis Leary: 1) The federal first-time homebuyer $8,000 tax credit had a BIG impact on the market by giving first-timers a major incentive to buy in the DC metro area and across the country. First-timers made up 50% of the buyers nationwide this year, a record-high!! 2) The Fed worked its magic on mortgage rates and the 30-year fixed rate hit a 56-year record low of 5.19%. The good news was that rates continued to fluctuate throughout the year and even dropped below 5%, creating ANOTHER record. The DC market saw prices start to stabilize and it confidence in certain neighborhoods started to take hold.

January

1/2/2009
$385,000
616 E Street Northwest
1/5/09
$185,000
700 19th Street Northeast
1/29/09
$399,900
2125 14th Street Northwest 419
1/30/09
$640,000
913 7th Street Northeast

February

2/6/09
$248,500
1810 Key Boulevard
2/13/09
$325,000
777 7th Street Northeast

March

3/11/09
$230,000
1229 I Street Northeast
3/13/09
$393,000
1391 Pennsylvania Avenue Southeast
3/20/09
$554,000
1509 North Carolina Avenue
3/30/09
$307,500
1414 Belmont Street Northwest
3/31/09
$405,500
1619 R Street Northeast

May

05/11/09
$395,000
1371 K Street Southeast

June

6/1/09
$440,000
614 15th Street Northeast
6/3/09
$300,000
4622 28th Street Northwest
6/4/09
$340,000
811 4th Street Northwest
6/18/09
$367,000
631 D Street Northwest
6/2/09
$275,000
2301 Champlain Street Northwest
6/30/09
$367,000
1507 D Street Northwest

July

7/15/09
$339,000
9860 High Water Court
7/17/09
$181,900
3025 Ontario Road Northwest
7/27/09
$574,900
1112 Monroe Street Northwest

August

8/7/09
$476,000
330 Lawyers Road
8/18/09
$315,000
1926 New Hampshire Avenue
8/24/09
$245,000
4167 Four Mile Run Drive South
8/25/09
$549,900
722 G Street Northeast
8/31/09
$418,900
1921 Randolph Street South

September

9/9/09
$165,000
216 George Mason Drive North
9/21/09
$280,000
1821 Rhodes Street North
9/23/09
$395,000
2907 Columbus Street South

October

10/2/09
$354,900
616 E Street Northwest
10/16/09
$188,217
1201 East West Highway
10/30/09
$359,900
2310 14th Street North 205

November

11/10/09
$265,000
1447 Chapin Street Northwest
11/12/09
$675,000
11332 Vernon Street North
11/12/09
$340,000
642 15th Street Northeast
11/25/09
$266,750
2200 Washington Avenue W 202

December

12/31/09
$432,500
5937 Kirkcaldy Lane

2009 Total: $13,380,267

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