Riggs Park / Michigan Park
Riggs Park / Michigan Park

On the Market in Riggs Park/Michigan Park

6609 1ST ST NW
$950,000 | 6 Beds | 3.5 Baths
664 KENNETH ST NE
$875,000 | 3 Beds | 3.5 Baths
136 SHERIDAN ST NE
$799,900 | 3 Beds | 3.5 Baths
5149 8TH ST NE
$619,890 | 4 Beds | 3.5 Baths
1745 BUCHANAN ST NE
$616,900 | 3 Beds | 2/2 Baths
6006 MCLEAN PL NE
$615,000 | 3 Beds | 3.5 Baths
5109 12TH ST NE
$607,500 | 3 Beds | 2.5 Baths
323 OGLETHORPE ST NE
$599,998 | 3 Beds | 3.5 Baths
730 CRITTENDEN ST NE
$599,990 | 3 Beds | 2.5 Baths

Sold Listings

4413 13TH ST NE
$605,000 | 3 Beds | 2 Baths
4235 SOUTH DAKOTA AVE NE
$1,025,000 | 3 Beds | 2.5 Baths

Riggs Park/Michigan Park Real Estate

Homes for sale in Washington DC's Riggs Park/Michigan Park Neighborhood

Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 9/19/2018
M/M Y/Y
Homes for Sale 42 +16.7% +26.2%
Months Inventory 2.01 +17.4% +21.9%
Contracts Pending 36 -13.9% -5.6%
Solds: 90 Day 61 0.0% -11.5%
Average List Price/Sold Price 98.90% -1.0% -0.7%
Active/Pending Ratio 1.17 +27.4% +29.9%
Average Price M/M Y/Y
Active $567,643 +4.5% +9.4%
Pending $472,633 -5.7% +0.7%
90 Day Sold $503,746 +0.6% +3.2%
Median Price
Active $564,950 +2.8% +11.5%
Pending $489,450 -2.2% +8.6%
90 Day Sold $499,000 +1.2% +4.3%
Days on Market
Active 77.14 -22.6% -2.5%
Pending 27.36 -28.5% -22.9%
90 Day Sold 28.89 +11.9% +19.3%
M/M Y/Y
Homes for Sale 10 +50.0% +40.0%
Months Inventory 3.16 +50.0% +57.0%
Contracts Pending 7 -28.6% -14.3%
Solds: 90 Day 7 -14.3% -114.3%
Average List Price/Sold Price 99.38% +0.1% +1.7%
Active/Pending Ratio 1.43 +60.8% +47.6%
Average Price M/M Y/Y
Active $679,860 -2.8% +5.9%
Pending $424,856 -19.1% -17.4%
90 Day Sold $642,929 -1.6% +14.0%
Median Price
Active $603,400 -5.4% +8.6%
Pending $475,000 -5.3% -2.6%
90 Day Sold $631,500 -3.4% +17.7%
Days on Market
Active 41.30 -195.4% +5.6%
Pending 20.29 -7.9% -81.8%
90 Day Sold 21.71 -75.6% -34.5%
M/M Y/Y
Homes for Sale 29 +3.4% +20.7%
Months Inventory 1.77 +4.5% +14.7%
Contracts Pending 29 -10.3% 0.0%
Solds: 90 Day 52 +5.8% -1.9%
Average List Price/Sold Price 98.81% -1.1% -1.4%
Active/Pending Ratio 1.00 +12.0% +21.0%
Average Price M/M Y/Y
Active $568,258 +4.7% +11.4%
Pending $484,166 -2.8% +2.2%
90 Day Sold $495,868 +0.8% +5.4%
Median Price
Active $569,900 +6.2% +12.4%
Pending $499,990 -0.0% +11.0%
90 Day Sold $469,475 -4.4% +4.2%
Days on Market
Active 31.14 +3.1% +3.2%
Pending 29.07 -33.8% -16.0%
90 Day Sold 28.81 +31.2% +24.9%
M/M Y/Y
Homes for Sale 3 +33.3% +33.3%
Months Inventory 2.25 +33.3% -966.7%
Contracts Pending 0 N/A N/A
Solds: 90 Day 2 -100.0% N/A
Average List Price/Sold Price 99.55% -2.2% N/A
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $187,633 +15.0% -41.0%
Pending $0 N/A N/A
90 Day Sold $221,450 -37.2% N/A
Median Price
Active $189,900 +16.0% -39.3%
Pending $0 N/A N/A
90 Day Sold $221,450 -48.1% N/A
Days on Market
Active 641.33 -44.6% -18.8%
Pending 0.00 N/A N/A
90 Day Sold 56.00 -23.2% N/A

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Riggs Park / Michigan Park homes listed for sale. Lower inventory favors sellers in negotiations.

How Many Months of Inventory?

Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Riggs Park / Michigan Park divided by the number of homes sold in one month. Higher inventory favors buyers.

More Actives or More Pendings?

Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Riggs Park / Michigan Park listed for sale versus those under contract. The lower the number, the hotter the market.

Are Sellers Negotiating?

Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Riggs Park / Michigan Park versus their list price.

What is Average?

Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Riggs Park / Michigan Park

How Fast Are They Selling?

Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Riggs Park / Michigan Park homes that sold in the past 90 days.

Nearby Riggs Park/Michigan Park

Brookland
40 Homes for Sale
Today's Median Price $600,000
Petworth
91 Homes for Sale
Today's Median Price $649,900
Woodbridge, VA
564 Homes for Sale
Today's Median Price $330,000

Public Schools near Riggs Park/Michigan Park

Powell Elementary School
28 Homes for Sale
Today's Median Price $669,000
Bruce-Monroe Elementary School
30 Homes for Sale
Today's Median Price $672,400
LaSalle-Backus Education Campus
12 Homes for Sale
Today's Median Price $500,000