Bride & Groom MOM Subscribe

Find Local

Open House Blog > Condos|The Real Estate Market

Condo Market at a Glance

Delta Associates, a real-estate research firm in Alexandria, just released its mid-year 2007 Condominium Market Report. The quarterly is chock-full of analysis of condo market sales, prices, and projects in the pipeline.

After a few years of a condo sales slowdown, Delta Associates sees some positive trends. The report shows that sales volume and prices for new condos are holding steady—sales volume in the second quarter of 2007 was the same as the first quarter, when the numbers increased from the second half of 2006.

According to Delta, the report’s findings offer “hope that we will see supply/demand balance by late this year or early next.”

These three charts provide a good longterm view of the boom and falloff in the condo market:


Read Next

Restaurant/Bar Specials for 2015 Capital Pride Weekend

Comments
blog comments powered by Disqus

Most Popular on Washingtonian

The Summer Drinking Semifinals: Denizens Brewing Co. vs. Jack Rose

10 Offbeat Date Ideas in Washington

An Abridged History of Places Being Labeled the "Brooklyn" of Washington

The Summer Drinking Finals: POV Lounge vs. Jack Rose

Donald Trump Sues José Andrés Over Old Post Office Hotel Restaurant

The 15-Step, Absolutely Perfect Burger

6 Great Swimming Holes Near Washington, DC

Things to Do in DC This Weekend July 30-August 2: BRNDA, a Midnight Run, and "Hip-Hop Meets the Music of Ireland"

21 Things to Do in DC This August