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
312 PEABODY ST NE
$995,000 | 6 Beds | 5 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: 7/8/2020
M/M Y/Y
Homes for Sale 15 +6.7% -126.7%
Months Inventory 0.87 +16.1% -94.3%
Contracts Pending 25 +8.0% +32.0%
Solds: 90 Day 40 -20.0% -70.0%
Average List Price/Sold Price 99.74% -0.6% -0.3%
Active/Pending Ratio 0.60 -1.7% -233.3%
Average Price M/M Y/Y
Active $508,160 -21.6% -11.8%
Pending $503,586 -6.0% -4.8%
90 Day Sold $541,149 -6.1% -5.9%
Median Price
Active $488,000 -23.5% -14.7%
Pending $499,990 -7.5% 0.0%
90 Day Sold $540,125 -5.4% -5.5%
Days on Market
Active 56.27 +22.1% -12.6%
Pending 41.37 +16.1% -32.9%
90 Day Sold 25.45 -6.2% -64.7%
M/M Y/Y
Homes for Sale 6 +50.0% +33.3%
Months Inventory 1.60 +51.3% +30.0%
Contracts Pending 6 +50.0% +50.0%
Solds: 90 Day 12 +33.3% -16.7%
Average List Price/Sold Price 97.59% +0.7% -1.1%
Active/Pending Ratio 1.00 0.0% -33.0%
Average Price M/M Y/Y
Active $696,300 -6.0% -10.0%
Pending $533,792 -15.9% -16.6%
90 Day Sold $629,294 -5.9% -9.0%
Median Price
Active $612,450 -6.1% -25.3%
Pending $492,000 -26.0% -22.0%
90 Day Sold $667,000 -4.7% +6.6%
Days on Market
Active 66.83 -29.7% +14.7%
Pending 15.67 -48.9% -236.1%
90 Day Sold 32.25 -36.8% -46.4%
M/M Y/Y
Homes for Sale 3 -266.7% -900.0%
Months Inventory 0.23 -208.7% -687.0%
Contracts Pending 16 -25.0% +12.5%
Solds: 90 Day 26 -53.8% -107.7%
Average List Price/Sold Price 101.08% -0.1% +0.6%
Active/Pending Ratio 0.19 -189.5% -1,026.3%
Average Price M/M Y/Y
Active $604,333 +3.2% +10.4%
Pending $538,363 +4.8% +9.2%
90 Day Sold $518,633 -7.2% -4.9%
Median Price
Active $510,000 -11.7% -9.3%
Pending $531,500 +3.6% +6.9%
90 Day Sold $525,000 -8.3% +0.5%
Days on Market
Active 6.00 -436.3% -970.5%
Pending 34.24 -9.6% -63.4%
90 Day Sold 23.42 -0.8% -73.1%
M/M Y/Y
Homes for Sale 6 N/A N/A
Months Inventory 10.29 N/A N/A
Contracts Pending 3 N/A N/A
Solds: 90 Day 2 N/A N/A
Average List Price/Sold Price 97.69% N/A N/A
Active/Pending Ratio 2.00 N/A N/A
Average Price M/M Y/Y
Active $271,933 N/A N/A
Pending $240,925 N/A N/A
90 Day Sold $305,000 N/A N/A
Median Price
Active $258,400 N/A N/A
Pending $241,950 N/A N/A
90 Day Sold $305,000 N/A N/A
Days on Market
Active 70.83 N/A N/A
Pending 124.50 N/A N/A
90 Day Sold 11.00 N/A 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
18 Homes for Sale
Today's Median Price $600,000
Petworth
40 Homes for Sale
Today's Median Price $599,999
Woodbridge, VA
87 Homes for Sale
Today's Median Price $397,750

Public Schools near Riggs Park/Michigan Park

Powell Elementary School
14 Homes for Sale
Today's Median Price $749,950
Bruce-Monroe Elementary School
17 Homes for Sale
Today's Median Price $610,500
LaSalle-Backus Education Campus
3 Homes for Sale
Today's Median Price $510,000