Third consecutive month of double-digit sales growth for the region, townhome sales highest in three years. There were 5,237 sales in June in the Washington DC Metro Area, 12.3 percent higher than a year ago, and the highest of any month in three years. Sales are only up 2.9 percent from last month, which is below the 10-year average change of 13.2 percent from May to June. The region posted a seven-year May high in sales last month, which could partially explain the modest growth from last month relative to the average. Townhomes posted the strongest sales growth of all property segments, rising 20.6 percent from this time last year. There were 1,341 townhome sales June, which is the highest June-total since 2010. Condo sales jumped 15.9 percent from last June, and the number of single-family detached sales rose 6.7 percent.
Posted on: Sat, 13 Jul 2013 00:42:32 +0000
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