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: 9/23/2020
M/M Y/Y
Homes for Sale 12 +8.3% -141.7%
Months Inventory 0.71 +15.5% -102.8%
Contracts Pending 19 +21.1% -31.6%
Solds: 90 Day 51 -5.9% -19.6%
Average List Price/Sold Price 100.83% +0.5% +2.0%
Active/Pending Ratio 0.63 -15.9% -84.1%
Average Price M/M Y/Y
Active $630,150 -0.8% +9.3%
Pending $537,012 +2.4% +3.3%
90 Day Sold $533,837 +0.5% -1.5%
Median Price
Active $586,000 -1.9% +5.3%
Pending $535,000 0.0% +4.7%
90 Day Sold $557,000 +0.5% +0.5%
Days on Market
Active 73.83 -27.6% +9.6%
Pending 39.93 -4.5% -35.5%
90 Day Sold 26.76 +2.0% -22.6%
M/M Y/Y
Homes for Sale 3 0.0% -66.7%
Months Inventory 0.80 +2.5% -52.5%
Contracts Pending 3 -33.3% -66.7%
Solds: 90 Day 13 -23.1% -7.7%
Average List Price/Sold Price 99.99% +0.7% -0.4%
Active/Pending Ratio 1.00 +25.0% 0.0%
Average Price M/M Y/Y
Active $820,000 -12.4% +4.7%
Pending $607,760 +3.3% -1.3%
90 Day Sold $647,673 +3.9% -1.6%
Median Price
Active $895,000 -10.6% +19.6%
Pending $629,900 +4.7% +8.7%
90 Day Sold $620,000 -3.5% -0.8%
Days on Market
Active 157.00 +12.5% +79.2%
Pending 25.00 +15.2% -122.3%
90 Day Sold 8.15 -110.2% -212.9%
M/M Y/Y
Homes for Sale 8 +25.0% -200.0%
Months Inventory 0.66 +33.3% -125.8%
Contracts Pending 14 +28.6% -42.9%
Solds: 90 Day 32 0.0% -46.9%
Average List Price/Sold Price 101.53% +0.4% +3.2%
Active/Pending Ratio 0.57 -5.3% -110.5%
Average Price M/M Y/Y
Active $616,487 -3.3% +14.4%
Pending $555,744 +1.0% +11.0%
90 Day Sold $543,717 +1.5% +6.7%
Median Price
Active $583,450 -4.7% +7.5%
Pending $544,600 -1.0% +8.2%
90 Day Sold $559,750 +1.0% +5.3%
Days on Market
Active 24.88 -72.8% -196.7%
Pending 31.47 -47.2% -70.8%
90 Day Sold 20.16 +13.5% -73.5%
M/M Y/Y
Homes for Sale 1 -100.0% N/A
Months Inventory 1.00 -118.0% N/A
Contracts Pending 2 +50.0% N/A
Solds: 90 Day 6 0.0% N/A
Average List Price/Sold Price 97.46% -0.4% N/A
Active/Pending Ratio 0.50 -300.0% N/A
Average Price M/M Y/Y
Active $169,900 -17.1% N/A
Pending $300,467 -2.1% N/A
90 Day Sold $234,500 -14.4% N/A
Median Price
Active $169,900 -17.1% N/A
Pending $297,500 0.0% N/A
90 Day Sold $235,000 -6.4% N/A
Days on Market
Active 216.00 +15.3% N/A
Pending 118.33 +52.7% N/A
90 Day Sold 102.33 +4.9% 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 $590,000
Petworth
60 Homes for Sale
Today's Median Price $609,900
Woodbridge, VA
97 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
30 Homes for Sale
Today's Median Price $624,000
LaSalle-Backus Education Campus
5 Homes for Sale
Today's Median Price $544,600