Housing price growth in the DC Metro region reached a double-digit percentage increase in December 2012 compared with a year prior, though month-to-month price trends declined a bit, according to data from Real Estate Business Intelligence.
In December 2012, the median housing price of a sold home was $359,000, up 10.5% from December 2011, but down 3.0% from November 2012, when the average median sales housing price in D.C. Metro was $370,000. The number of homes sold in D.C. Metro in December – 3,323 units – also increased year-over-year by 4.9% but declined 6.6% from November.
The housing price growth in D.C. Metro included all housing types: the median price rose 12.9% year-over year for a single-family home, 10.4%for a condo and 8.3% for a…
