June 19, 2008

Red Carpet Event Defeats DC Rush Hour

We had the first Redfin Red Carpet Event for the DC area last night and it was a definite success. We had almost 30 people brave the DC rush hour to come and hear our presentation but our selection of micro brews won them over pretty quickly. Almost everyone who came was already a fan of Redfin search, but they came armed with thoughtful questions and a lot of enthusiasm. The class portion of the evening was good, but the best part of the night was the post-class beer/pizza time and talking with real DC folks who use our site every day.

Washington DC rush hour

As promised, we’re making the slides available here. And the MLS data on sale-to-list price by neighborhood is below. The Redfin blog has a post with a handy set of real estate links as well.

Washington DC Sale-to-List Price, April and May 2008

Area # Deals Final v. List Average Price
Northwest DC 658 97.6% $643,201
Northeast DC 157 96.3% $384,201
Southwest DC 109 98.0% $423,499
Southeast DC 16 94.5% $307,356

Fairfax County Sale-to-List Price, April and May 2008

City # Deals Final v. List Average Price
Alexandria 413 96.9% $417,518
Annandale 120 97.4% $398,256
Burke 115 98.0% $387,564
Centreville 168 97.7% $354,874
Chantilly 53 98.1% $393,287
Clifton 26 96.4% $505,553
Dunn Loring 4 96.9% $804,563
Fairfax 256 97.1% $475,551
Fairfax Station 22 95.5% $790,264
Falls Church 187 96.0% $436,895
Great Falls 29 94.5% $1,272,091
Herndon 231 97.7% $336,363
Lorton 95 96.6% $401,436
Mclean 107 96.2% $1,005,647
Oak Hill 24 96.4% $656,167
Oakton 30 95.7% $812,592
Reston 180 96.8% $402,739
Springfield 277 97.1% $382,073
Vienna 114 96.7% $661,597

Montgomery County Sale-to-List Price, April and May 2008

City # Deals Final v. List Average Price
Ashton 2 98.0% $451,950
Aspen Hill 3 92.2% $146,567
Bethesda 159 96.9% $838,498
Boyds 10 96.5% $530,804
Brookeville 6 97.7% $657,483
Burtonsville 24 97.6% $352,529
Cabin John 3 99.4% $896,000
Chevy Chase 55 97.2% $1,030,686
Clarksburg 19 97.0% $542,943
Damascus 15 98.1% $381,272
Derwood 21 96.2% $545,911
Gaithersburg 209 96.4% $438,121
Germantown 157 97.7% $336,221
Glen Echo 2 96.0% $636,950
Kensington 44 97.6% $496,697
Montgomery Village 41 97.4% $290,998
North Bethesda 12 96.8% $513,892
North Potomac 29 96.5% $643,691
Olney 59 97.2% $444,842
Poolesville 11 96.0% $367,527
Potomac 84 95.8% $1,285,646
Rockville 204 96.9% $522,685
Sandy Spring 4 96.9% $896,225
Silver Spring 309 96.4% $399,024
Takoma Park 23 97.5% $408,557

Thanks from the whole Washington DC Redfin team for making the night fun. We’re doing it all again in a little over a month, on July 30th. You’ll be able to RSVP for it in about a week on Redfin’s site. And yes, we’ll have the micro brews!

Photocredit: Joe Shlabotnik on Flickr


Comments (1)

Christy said:

Found something you might find useful for this and future articles. http://www.widgenie.com uploads excel chart like these, and makes various graphics out of them that you can easily embed into an article. Hope you find it useful!

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