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.
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
