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The Median Sold Prices for Washington, D.C.'s April Sales

In the month of April 2015, Washington, D.C.'s home sales were up 10 percent from a year ago with the median price of a listing up four percent from April 2014. According to new data from Long & Foster Real Estate, Inc., the average amount of time it took before a residential property was sold was 30 days. From the data above, you can see that the two neighborhoods with the most sales were Adams Morgan and Capitol Hill with 92 sales and 90 sales, respectively. When it came to the highest growth in numbers with units sold, Chevy Chase topped the list with 120 percent more units from a year ago, despite having 28 percent less inventory. The neighborhood that had the highest growth in median sale price was Anacostia with a 47 percent jump from $155,000 in April 2014 to $227,500 in April 2015.
· How much did D.C.'s median home sales price increase in April? [Washington Business Journal]