Riggs Park / Michigan Park
Riggs Park / Michigan Park

On the Market in Riggs Park/Michigan Park

Sold Listings

206 PEABODY ST NE
$655,000 | 4 Beds | 2.5 Baths
4401 14TH ST NE
$1,275,000 | 7 Beds | 4 Baths
1200 UPSHUR ST NE
$947,000 | 5 Beds | 3.5 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: 9/21/2020
M/M Y/Y
Homes for Sale 13 +15.4% -123.1%
Months Inventory 0.76 +19.7% -89.5%
Contracts Pending 19 +15.8% -36.8%
Solds: 90 Day 50 -6.0% -30.0%
Average List Price/Sold Price 100.85% +0.5% +1.8%
Active/Pending Ratio 0.68 -1.5% -64.7%
Average Price M/M Y/Y
Active $651,669 +2.1% +12.0%
Pending $524,013 +2.3% +0.9%
90 Day Sold $531,014 -1.1% -2.3%
Median Price
Active $597,000 0.0% +6.4%
Pending $535,000 +0.3% +4.7%
90 Day Sold $551,000 -1.1% +0.2%
Days on Market
Active 68.77 -34.0% +3.7%
Pending 41.92 -3.9% -29.0%
90 Day Sold 27.20 +8.3% -15.6%
M/M Y/Y
Homes for Sale 4 +25.0% -25.0%
Months Inventory 1.09 +28.4% -11.9%
Contracts Pending 3 -33.3% -66.7%
Solds: 90 Day 12 -33.3% -25.0%
Average List Price/Sold Price 99.99% +0.7% -0.4%
Active/Pending Ratio 1.33 +43.6% +24.8%
Average Price M/M Y/Y
Active $783,725 -17.6% +0.3%
Pending $607,760 +3.3% -1.3%
90 Day Sold $645,396 +3.6% -0.9%
Median Price
Active $784,950 -26.1% +8.3%
Pending $629,900 +4.7% +8.7%
90 Day Sold $610,000 -5.2% -2.5%
Days on Market
Active 119.75 -13.0% +74.4%
Pending 33.40 +37.7% -64.7%
90 Day Sold 8.42 -103.4% -198.5%
M/M Y/Y
Homes for Sale 8 +25.0% -200.0%
Months Inventory 0.64 +31.3% -134.4%
Contracts Pending 14 +28.6% -50.0%
Solds: 90 Day 32 0.0% -56.3%
Average List Price/Sold Price 101.53% +0.4% +3.0%
Active/Pending Ratio 0.57 -5.3% -100.0%
Average Price M/M Y/Y
Active $645,863 +0.8% +17.9%
Pending $538,007 -2.3% +8.0%
90 Day Sold $543,717 +1.5% +6.1%
Median Price
Active $583,450 -4.7% +6.7%
Pending $539,800 -1.9% +7.4%
90 Day Sold $559,750 +1.0% +5.8%
Days on Market
Active 25.13 -63.2% -193.2%
Pending 31.67 -44.8% -69.9%
90 Day Sold 20.16 +13.5% -65.3%
M/M Y/Y
Homes for Sale 1 -100.0% N/A
Months Inventory 1.00 -140.0% N/A
Contracts Pending 2 0.0% N/A
Solds: 90 Day 6 +16.7% N/A
Average List Price/Sold Price 97.46% -0.1% N/A
Active/Pending Ratio 0.50 -100.0% N/A
Average Price M/M Y/Y
Active $169,900 -19.1% N/A
Pending $300,467 +2.7% N/A
90 Day Sold $234,500 -15.9% N/A
Median Price
Active $169,900 -19.1% N/A
Pending $297,500 +8.0% N/A
90 Day Sold $235,000 -6.4% N/A
Days on Market
Active 214.00 +15.4% N/A
Pending 117.67 +45.2% N/A
90 Day Sold 102.33 +4.2% 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
28 Homes for Sale
Today's Median Price $595,000
Petworth
58 Homes for Sale
Today's Median Price $609,900
Woodbridge, VA
107 Homes for Sale
Today's Median Price $399,900

Public Schools near Riggs Park/Michigan Park

Powell Elementary School
13 Homes for Sale
Today's Median Price $674,900
Bruce-Monroe Elementary School
29 Homes for Sale
Today's Median Price $624,000
LaSalle-Backus Education Campus
6 Homes for Sale
Today's Median Price $544,600