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
824 TAYLOR ST NE
$915,000 | Beds | 0 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: 10/27/2021
M/M Y/Y
Homes for Sale 26 +3.8% +50.0%
Months Inventory 1.57 +5.1% +51.0%
Contracts Pending 18 +5.6% 0.0%
Solds: 90 Day 58 +3.4% +13.8%
Average List Price/Sold Price 101.55% -0.4% +0.6%
Active/Pending Ratio 1.44 -2.1% +50.0%
Average Price M/M Y/Y
Active $626,813 -7.2% -1.6%
Pending $547,511 -3.2% +2.7%
90 Day Sold $603,779 -1.7% +7.1%
Median Price
Active $599,000 0.0% +2.3%
Pending $515,000 -7.2% +2.9%
90 Day Sold $608,000 -1.6% +7.3%
Days on Market
Active 80.69 +8.9% +13.7%
Pending 37.42 +22.8% +11.0%
90 Day Sold 17.74 +3.8% -15.2%
M/M Y/Y
Homes for Sale 4 -100.0% 0.0%
Months Inventory 1.23 -90.2% +8.9%
Contracts Pending 5 +40.0% +60.0%
Solds: 90 Day 12 -8.3% -8.3%
Average List Price/Sold Price 102.35% +2.3% +1.1%
Active/Pending Ratio 0.80 -233.8% -150.0%
Average Price M/M Y/Y
Active $822,475 -1.0% +0.9%
Pending $689,599 +21.9% +21.0%
90 Day Sold $652,375 -7.2% -4.0%
Median Price
Active $862,450 +4.3% +1.8%
Pending $725,000 +24.2% +24.9%
90 Day Sold $650,000 0.0% +3.1%
Days on Market
Active 344.25 +48.4% +58.0%
Pending 39.40 +26.4% +12.4%
90 Day Sold 15.08 +1.5% +44.9%
M/M Y/Y
Homes for Sale 20 +20.0% +60.0%
Months Inventory 1.57 +19.7% +58.0%
Contracts Pending 13 -7.7% -15.4%
Solds: 90 Day 44 +9.1% +27.3%
Average List Price/Sold Price 101.32% -1.4% +0.3%
Active/Pending Ratio 1.54 +26.0% +65.6%
Average Price M/M Y/Y
Active $616,280 +1.7% +1.7%
Pending $530,864 -7.3% -2.9%
90 Day Sold $607,970 -1.1% +8.2%
Median Price
Active $599,000 +6.2% +3.7%
Pending $512,500 -7.7% -1.4%
90 Day Sold $604,003 -1.0% +8.2%
Days on Market
Active 33.05 +24.9% -10.8%
Pending 38.20 +24.4% +33.7%
90 Day Sold 15.80 +4.1% +3.5%
M/M Y/Y
Homes for Sale 2 +50.0% +50.0%
Months Inventory 3.43 +56.3% +73.2%
Contracts Pending 0 N/A N/A
Solds: 90 Day 2 -50.0% -150.0%
Average List Price/Sold Price 101.15% +0.3% +2.5%
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $340,817 -33.5% +50.1%
Pending $170,000 N/A -24.4%
90 Day Sold $220,000 -3.0% -24.6%
Median Price
Active $340,817 -33.5% +50.1%
Pending $170,000 N/A -24.4%
90 Day Sold $220,000 -2.3% -13.6%
Days on Market
Active 30.00 +40.0% -13.3%
Pending 12.00 N/A -1,625.0%
90 Day Sold 76.50 +31.6% -11.4%

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
27 Homes for Sale
Today's Median Price $697,000
Petworth
80 Homes for Sale
Today's Median Price $565,000
Woodbridge, VA
153 Homes for Sale
Today's Median Price $439,900

Public Schools near Riggs Park/Michigan Park

Powell Elementary School
34 Homes for Sale
Today's Median Price $650,000
Bruce-Monroe Elementary School
34 Homes for Sale
Today's Median Price $625,000
LaSalle-Backus Education Campus
12 Homes for Sale
Today's Median Price $547,400