Riggs Park / Michigan Park
Riggs Park / Michigan Park

On the Market in Riggs Park/Michigan Park

650 RIGGS RD NE
$629,000 | 3 Beds | 3.5 Baths
162 CONCORD PL NE
$615,000 | 3 Beds | 3.5 Baths
516 INGRAHAM ST NE
$599,999 | 3 Beds | 1.5 Baths
4717 6TH ST NE
$599,000 | 3 Beds | 2.5 Baths

Sold Listings

206 PEABODY ST NE
$655,000 | 4 Beds | 2.5 Baths
227 QUACKENBOS ST NE
$506,000 | 3 Beds | 1.5 Baths
4401 14TH ST NE
$1,275,000 | 7 Beds | 4 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: 12/4/2020
M/M Y/Y
Homes for Sale 15 +20.0% -66.7%
Months Inventory 0.90 +20.0% -35.6%
Contracts Pending 15 -33.3% -40.0%
Solds: 90 Day 45 -2.2% -33.3%
Average List Price/Sold Price 101.17% +0.2% +1.5%
Active/Pending Ratio 1.00 +40.0% -19.0%
Average Price M/M Y/Y
Active $623,282 +4.2% +1.7%
Pending $505,459 -9.2% -0.1%
90 Day Sold $582,560 +5.9% +11.5%
Median Price
Active $599,000 +4.4% +7.3%
Pending $525,000 -6.6% +4.8%
90 Day Sold $570,000 +3.3% +7.9%
Days on Market
Active 79.00 -2.8% -12.9%
Pending 28.76 +1.8% -144.9%
90 Day Sold 14.98 -41.5% -75.7%
M/M Y/Y
Homes for Sale 5 +40.0% -60.0%
Months Inventory 1.40 +40.0% -49.3%
Contracts Pending 2 -50.0% -50.0%
Solds: 90 Day 8 -37.5% -12.5%
Average List Price/Sold Price 101.98% -0.3% +1.0%
Active/Pending Ratio 2.50 +60.0% -6.8%
Average Price M/M Y/Y
Active $697,980 -17.5% -10.2%
Pending $671,333 +6.3% +19.4%
90 Day Sold $689,488 +2.5% +12.2%
Median Price
Active $649,900 -37.7% -13.9%
Pending $625,000 +5.6% +11.2%
90 Day Sold $652,450 +3.5% +12.6%
Days on Market
Active 129.20 -54.0% +49.2%
Pending 15.00 -71.1% -243.3%
90 Day Sold 13.63 +53.3% -187.7%
M/M Y/Y
Homes for Sale 10 +20.0% -70.0%
Months Inventory 0.84 +20.2% -22.6%
Contracts Pending 10 -60.0% -80.0%
Solds: 90 Day 35 +14.3% -45.7%
Average List Price/Sold Price 101.03% +0.4% +1.6%
Active/Pending Ratio 1.00 +50.0% +6.0%
Average Price M/M Y/Y
Active $585,933 +3.3% +8.0%
Pending $524,273 -6.2% +5.1%
90 Day Sold $571,908 +4.1% +12.6%
Median Price
Active $567,000 +2.6% +3.0%
Pending $525,000 -6.6% +5.1%
90 Day Sold $570,000 +4.3% +9.5%
Days on Market
Active 53.90 +22.1% -86.0%
Pending 21.53 +5.0% -248.2%
90 Day Sold 13.57 -17.7% -77.2%
M/M Y/Y
Homes for Sale 0 N/A N/A
Months Inventory 0.00 N/A N/A
Contracts Pending 3 +66.7% N/A
Solds: 90 Day 2 -150.0% N/A
Average List Price/Sold Price 98.91% +0.3% N/A
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $0 N/A N/A
Pending $220,433 +4.1% N/A
90 Day Sold $341,250 +19.7% N/A
Median Price
Active $0 N/A N/A
Pending $211,400 0.0% N/A
90 Day Sold $341,250 +26.7% N/A
Days on Market
Active 0.00 N/A N/A
Pending 88.33 -134.3% N/A
90 Day Sold 45.00 -89.3% 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
27 Homes for Sale
Today's Median Price $555,000
Petworth
56 Homes for Sale
Today's Median Price $625,000
Woodbridge, VA
107 Homes for Sale
Today's Median Price $390,000

Public Schools near Riggs Park/Michigan Park

Powell Elementary School
14 Homes for Sale
Today's Median Price $627,000
Bruce-Monroe Elementary School
22 Homes for Sale
Today's Median Price $639,450
LaSalle-Backus Education Campus
7 Homes for Sale
Today's Median Price $551,000