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
4401 14TH ST NE
$1,275,000 | 7 Beds | 4 Baths
1217 UPSHUR ST NE
$1,007,500 | 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: 6/15/2021
M/M Y/Y
Homes for Sale 13 +15.4% -46.2%
Months Inventory 0.80 +15.0% -17.5%
Contracts Pending 15 -6.7% -60.0%
Solds: 90 Day 40 -12.5% -22.5%
Average List Price/Sold Price 105.21% +1.8% +4.7%
Active/Pending Ratio 0.87 +20.7% +9.2%
Average Price M/M Y/Y
Active $667,761 +11.8% +27.4%
Pending $569,984 +0.3% +8.3%
90 Day Sold $645,686 +2.1% +15.3%
Median Price
Active $650,000 +1.7% +18.2%
Pending $569,500 +0.4% +9.2%
90 Day Sold $644,950 +3.9% +14.5%
Days on Market
Active 92.92 -3.2% +24.8%
Pending 23.60 +18.3% -62.6%
90 Day Sold 8.93 -13.4% -161.0%
M/M Y/Y
Homes for Sale 5 +40.0% +20.0%
Months Inventory 1.50 +46.7% +32.0%
Contracts Pending 2 -50.0% -100.0%
Solds: 90 Day 8 -50.0% -12.5%
Average List Price/Sold Price 104.49% +1.2% +6.8%
Active/Pending Ratio 2.50 +60.0% +60.0%
Average Price M/M Y/Y
Active $798,600 +7.5% +2.5%
Pending $767,250 +11.8% +23.7%
90 Day Sold $756,927 +0.9% +12.0%
Median Price
Active $699,000 +7.0% -10.9%
Pending $724,500 +6.8% +19.6%
90 Day Sold $737,931 -5.9% +9.2%
Days on Market
Active 209.00 -50.1% +65.7%
Pending 12.25 +15.7% -85.1%
90 Day Sold 9.63 +28.1% -308.4%
M/M Y/Y
Homes for Sale 7 +14.3% 0.0%
Months Inventory 0.59 +10.2% +23.7%
Contracts Pending 12 -8.3% -66.7%
Solds: 90 Day 31 -3.2% -19.4%
Average List Price/Sold Price 105.50% +2.0% +4.1%
Active/Pending Ratio 0.58 +20.7% +39.7%
Average Price M/M Y/Y
Active $637,557 +0.8% +5.6%
Pending $562,263 +2.8% +7.6%
90 Day Sold $623,614 +4.8% +13.2%
Median Price
Active $624,900 -3.1% +8.8%
Pending $562,250 +8.4% +9.5%
90 Day Sold $630,000 +4.8% +12.5%
Days on Market
Active 15.14 +8.7% -146.3%
Pending 27.07 +22.2% -47.9%
90 Day Sold 8.90 -29.6% -119.0%
M/M Y/Y
Homes for Sale 1 -100.0% -700.0%
Months Inventory 1.00 -85.0% -1,100.0%
Contracts Pending 1 N/A N/A
Solds: 90 Day 1 0.0% -200.0%
Average List Price/Sold Price 102.35% 0.0% +4.7%
Active/Pending Ratio 1.00 N/A N/A
Average Price M/M Y/Y
Active $225,000 -4.4% -4.5%
Pending $229,500 N/A +0.2%
90 Day Sold $440,000 0.0% +40.9%
Median Price
Active $225,000 -4.4% -7.8%
Pending $229,500 N/A +0.2%
90 Day Sold $440,000 0.0% +56.8%
Days on Market
Active 57.00 +72.8% -71.1%
Pending 22.00 N/A -313.6%
90 Day Sold 4.00 0.0% -458.3%

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
22 Homes for Sale
Today's Median Price $668,450
Petworth
58 Homes for Sale
Today's Median Price $575,000
Woodbridge, VA
143 Homes for Sale
Today's Median Price $444,925

Public Schools near Riggs Park/Michigan Park

Powell Elementary School
20 Homes for Sale
Today's Median Price $625,000
Bruce-Monroe Elementary School
20 Homes for Sale
Today's Median Price $629,900
LaSalle-Backus Education Campus
4 Homes for Sale
Today's Median Price $625,000