Median home sales numbers usually provide a better gauge of home prices than does average sale price. That's because median home sales price represents that half the homes in an area are selling above that price and half below, whereas average home prices can easily be skewed by a few very high, off the scale prices, or a few extremely low foreclosure sales.
To get an accurate picture of the median home sale prices and the real estate market in the Washington D.C. area and around the country, The National Association of REALTORS® has developed an interactive map that allows visitors to research local home prices. This map is updated frequently and provides some other valuable information.
Here's a screenshot taken from the site. You can click on the image to view the actual interactive map.
Provided by the National Association of REALTORS®
If you're interested in the median home prices in your particular county, city, town, or even subdivision or condo complex in Northern Virginia or D.C., contact me today at 703-626-0715 or by e-mail at brian@brianblock.com and I'll be happy to provide you with that research.
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I couldn't find my house...
In theory, this is great... but it doesn't help anyone who's not located in a major metropolitan area. For example, they offer numbers for D.C. and Baltimore, but not the state capitol of Annapolis. I'm okay with them not providing info for Crofton, but please... Annapolis is NOT D.C. or Baltimore.
Brian - I did not even know this was offered - those living in DC and Baltimore have an advantage if they know about it!