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
1217 UPSHUR ST NE
$1,007,500 | 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: 5/15/2021
M/M Y/Y
Homes for Sale 11 +45.5% -36.4%
Months Inventory 0.68 +45.6% -8.8%
Contracts Pending 16 -25.0% -12.5%
Solds: 90 Day 45 +4.4% -20.0%
Average List Price/Sold Price 103.28% +1.0% +2.3%
Active/Pending Ratio 0.69 +56.5% -20.3%
Average Price M/M Y/Y
Active $588,982 -13.8% -5.3%
Pending $568,038 -2.9% +4.0%
90 Day Sold $632,107 -0.3% +10.0%
Median Price
Active $639,000 +4.1% +10.0%
Pending $566,950 -3.9% +7.4%
90 Day Sold $620,000 -0.8% +8.3%
Days on Market
Active 95.91 -59.5% +43.1%
Pending 19.28 +18.2% -81.1%
90 Day Sold 10.13 -23.1% -183.0%
M/M Y/Y
Homes for Sale 3 +33.3% -33.3%
Months Inventory 0.80 +31.3% -27.5%
Contracts Pending 3 -66.7% -33.3%
Solds: 90 Day 12 0.0% +25.0%
Average List Price/Sold Price 103.19% +0.7% +4.1%
Active/Pending Ratio 1.00 +60.0% 0.0%
Average Price M/M Y/Y
Active $738,333 -6.0% -9.7%
Pending $676,666 -3.6% -0.2%
90 Day Sold $749,826 +0.2% +17.1%
Median Price
Active $650,000 -20.4% -26.8%
Pending $674,999 0.0% -3.7%
90 Day Sold $781,375 -1.7% +28.3%
Days on Market
Active 313.67 -39.2% +75.8%
Pending 10.33 -60.4% -303.4%
90 Day Sold 6.92 -3.6% -341.6%
M/M Y/Y
Homes for Sale 6 +33.3% -83.3%
Months Inventory 0.53 +34.0% -26.4%
Contracts Pending 13 -15.4% -7.7%
Solds: 90 Day 32 +6.3% -40.6%
Average List Price/Sold Price 103.34% +1.1% +1.9%
Active/Pending Ratio 0.46 +41.3% -71.7%
Average Price M/M Y/Y
Active $632,300 +2.8% +12.8%
Pending $546,312 +2.4% +7.9%
90 Day Sold $593,966 -0.1% +5.9%
Median Price
Active $644,450 +9.6% +14.7%
Pending $515,000 +2.9% +2.9%
90 Day Sold $600,000 0.0% +5.2%
Days on Market
Active 13.83 +18.7% -237.9%
Pending 21.07 +26.7% -55.6%
90 Day Sold 11.53 -29.0% -145.4%
M/M Y/Y
Homes for Sale 2 N/A N/A
Months Inventory 1.85 N/A N/A
Contracts Pending 0 N/A N/A
Solds: 90 Day 1 0.0% N/A
Average List Price/Sold Price 102.35% 0.0% N/A
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $235,000 N/A N/A
Pending $0 N/A N/A
90 Day Sold $440,000 0.0% N/A
Median Price
Active $235,000 N/A N/A
Pending $0 N/A N/A
90 Day Sold $440,000 0.0% N/A
Days on Market
Active 15.50 N/A N/A
Pending 0.00 N/A N/A
90 Day Sold 4.00 0.0% 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 $629,500
Petworth
63 Homes for Sale
Today's Median Price $572,450
Woodbridge, VA
110 Homes for Sale
Today's Median Price $438,000

Public Schools near Riggs Park/Michigan Park

Powell Elementary School
14 Homes for Sale
Today's Median Price $649,500
Bruce-Monroe Elementary School
24 Homes for Sale
Today's Median Price $612,500
LaSalle-Backus Education Campus
6 Homes for Sale
Today's Median Price $577,500