Subject: Leading Real Estate Indicators from Q1 2013
From: "Kelly Williams" <[email-masked]>
To: <[email-masked]>
Date: Mon, 22 Apr 2013 11:49:32 +0000

April 2013

From Kelly Williams

Leading Indicators from Q1

Since 1912, spring has pronounced its arrival in Washington through more than 3,000 cherry blossom trees, a ritual that celebrates the lasting friendship between the United States and Japan. This year, the cherry blossoms arrived later than many predicted. However, one element of spring - the spring real estate market - arrived early in 2013. Home sales are up across all price ranges in the District, Virginia and Maryland.

Everyone can agree that the Washington Metropolitan Area's real estate market is finally moving again. Yet, these market improvements bring new challenges. As a seller, how do you price your home in an improving market? If you receive multiple offers, how do you choose the offer with the best terms? As a buyer, how do you ensure you get a first-look at new inventory and that you are not overpaying?

The Sotheby's International Realty brand has been advising clients on these issues each spring since 1976, in markets good and bad. If you are contemplating a move this spring, it would be our pleasure to be of service.

Kelly Williams

202-588-2788

[email-masked]
www.ttrsir.com

By The Numbers: The Million Dollar Market

A statistical recap of home sales over $1 million near the nation's capital in Q1 2013.

DISTRICT OF COLUMBIA

135 homes sold for more than $1 million in Q1 2013, up 22% from 2012.

These homes achieved 94% of their list price and were on the market for an average of 78 days.
See all homes for sale in the District of Columbia.

THE CITY OF ALEXANDRIA, VIRGINIA

12 homes sold for more than $1 million in Q1 2013, the same number that sold in 2012.

These homes achieved 90% of their list price and were on the market for an average of 118 days.
See all homes for sale in the City of Alexandria.

ARLINGTON COUNTY, VIRGINIA

54 homes sold for more than $1 million in Q1 2013, up 64% from 2012.

These homes achieved 90% of their list price and were on the market for an average of 127 days.
See all homes for sale in Arlington County.

FAIRFAX COUNTY, VIRGINIA

139 homes sold for more than $1 million in Q1 2013, up 20% from 2012.

These homes achieved 92% of their list price and were on the market for an average of 136 days.
See all homes for sale in Fairfax County.

MONTGOMERY COUNTY, MARYLAND

112 homes sold for more than $1 million in Q1 2013, up 23% from 2012.

These homes achieved 89% of their list price and were on the market for an average of 147 days.
See all homes for sale in Montgomery County.

ANNE ARUNDEL COUNTY, MARYLAND

16 homes sold for more than $1 million in Q1 2013, up 23% from 2012.

These homes achieved 80% of their list price and were on the market for an average of 228 days.
See all homes for sale in Anne Arundel County.

Highlights

An Insider’s Glance at What’s Happening in Washington and around the World.

March Eye Candy

Our website, ttrsir.com, showcases more than 80,000 homes for sale – including every home for sale in the Washington Metropolitan Area and the global offerings of Sotheby’s International Realty. These 10 homes were the most popular during the month of March.

Angels, Demons and Savages at the Phillips Collection

Sotheby's Ted Loos reports in on the new show at The Phillips Collection, “Angels, Demons and Savages: Pollock, Ossorio, Dubuffet,” on view until 12 May.

International Connections

We offer specialized expertise to help you find your dream home or vacation property in more than 46 countries.

On the Market

TTR Sotheby's International Realty

1506 14th Street NW
Washington, DC 20005

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© MMXIII TTR Sotheby's International Realty. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Each Office Is Independently Owned And Operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully.

This e-mail was sent by Rezora, LLC on behalf of TTR Sotheby's International Realty located at 1206 30th Street, Washington, DC 20007.
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