Riggs Park / Michigan Park
Riggs Park / Michigan Park

On the Market in Riggs Park/Michigan Park

Sold Listings

227 QUACKENBOS ST NE
$506,000 | 3 Beds | 1.5 Baths
4401 14TH ST NE
$1,275,000 | 7 Beds | 4 Baths
4211 12TH PL NE
$1,100,000 | 4 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: 7/24/2021
M/M Y/Y
Homes for Sale 24 +20.8% +58.3%
Months Inventory 1.50 +22.7% +62.7%
Contracts Pending 15 -20.0% -53.3%
Solds: 90 Day 40 -2.5% -7.5%
Average List Price/Sold Price 103.54% -1.6% +3.8%
Active/Pending Ratio 1.60 +33.8% +73.1%
Average Price M/M Y/Y
Active $644,608 -4.6% +17.0%
Pending $590,753 +1.8% +11.7%
90 Day Sold $659,555 +0.6% +20.3%
Median Price
Active $627,000 -4.5% +12.3%
Pending $604,500 +5.7% +15.7%
90 Day Sold $652,500 +0.4% +19.5%
Days on Market
Active 68.33 -3.5% -17.5%
Pending 29.05 +21.5% -33.7%
90 Day Sold 8.13 -4.1% -264.7%
M/M Y/Y
Homes for Sale 8 0.0% +62.5%
Months Inventory 2.34 0.0% +66.7%
Contracts Pending 3 -33.3% -66.7%
Solds: 90 Day 10 +20.0% -30.0%
Average List Price/Sold Price 99.89% -4.7% +2.1%
Active/Pending Ratio 2.67 +25.1% +77.5%
Average Price M/M Y/Y
Active $747,487 -5.1% +1.7%
Pending $723,725 -14.6% +14.7%
90 Day Sold $779,127 +1.1% +20.7%
Median Price
Active $715,000 -11.7% +10.5%
Pending $712,500 -5.1% +16.5%
90 Day Sold $762,761 -2.5% +12.9%
Days on Market
Active 154.38 +11.2% +14.1%
Pending 33.00 +63.0% +36.9%
90 Day Sold 7.60 -13.6% -297.8%
M/M Y/Y
Homes for Sale 15 +33.3% +80.0%
Months Inventory 1.28 +35.2% +82.0%
Contracts Pending 12 -8.3% -33.3%
Solds: 90 Day 29 -13.8% +10.3%
Average List Price/Sold Price 105.22% -0.1% +4.0%
Active/Pending Ratio 1.25 +38.4% +84.8%
Average Price M/M Y/Y
Active $618,380 -2.0% -10.5%
Pending $581,275 +6.9% +7.9%
90 Day Sold $632,794 +0.8% +18.4%
Median Price
Active $599,000 -6.3% -12.7%
Pending $595,000 +5.5% +14.3%
90 Day Sold $635,000 +0.8% +17.3%
Days on Market
Active 20.60 +12.1% +56.3%
Pending 25.41 -2.6% -31.0%
90 Day Sold 8.45 +0.4% -172.2%
M/M Y/Y
Homes for Sale 1 0.0% -300.0%
Months Inventory 1.20 +16.7% -344.2%
Contracts Pending 0 N/A N/A
Solds: 90 Day 1 N/A -300.0%
Average List Price/Sold Price 100.38% N/A +3.3%
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $215,000 0.0% -27.1%
Pending $220,000 -4.3% -6.0%
90 Day Sold $239,900 N/A -18.7%
Median Price
Active $215,000 0.0% -25.1%
Pending $220,000 -4.3% -4.5%
90 Day Sold $239,900 N/A -4.2%
Days on Market
Active 96.00 +31.3% +1.6%
Pending 75.00 +64.7% -51.6%
90 Day Sold 4.00 N/A -1,675.0%

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
24 Homes for Sale
Today's Median Price $688,000
Petworth
59 Homes for Sale
Today's Median Price $585,000
Woodbridge, VA
195 Homes for Sale
Today's Median Price $449,950

Public Schools near Riggs Park/Michigan Park

Powell Elementary School
23 Homes for Sale
Today's Median Price $637,450
Bruce-Monroe Elementary School
26 Homes for Sale
Today's Median Price $599,900
LaSalle-Backus Education Campus
5 Homes for Sale
Today's Median Price $649,950