Riggs Park / Michigan Park
Riggs Park / Michigan Park

On the Market in Riggs Park/Michigan Park

5506 CHILLUM PL NE
$597,000 | 3 Beds | 1/2 Baths
41 KENNEDY ST NE
$575,000 | 3 Beds | 3 Baths
710 OGLETHORPE ST NE
$569,900 | 3 Beds | 1/2 Baths
635 EMERSON ST NE
$536,100 | 3 Beds | 2 Baths
4956 12TH ST NE
$499,990 | 3 Beds | 1.5 Baths

Sold Listings

206 PEABODY ST NE
$655,000 | 4 Beds | 2.5 Baths
4401 14TH ST NE
$1,275,000 | 7 Beds | 4 Baths
1200 UPSHUR ST NE
$947,000 | 5 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: 9/25/2020
M/M Y/Y
Homes for Sale 13 +30.8% -138.5%
Months Inventory 0.77 +35.1% -98.7%
Contracts Pending 19 +21.1% -21.1%
Solds: 90 Day 50 -8.0% -22.0%
Average List Price/Sold Price 100.95% +0.6% +0.6%
Active/Pending Ratio 0.68 +11.8% -98.5%
Average Price M/M Y/Y
Active $597,061 -8.0% +2.2%
Pending $538,642 +1.6% +3.1%
90 Day Sold $528,044 -0.6% -3.0%
Median Price
Active $575,000 -8.7% +2.6%
Pending $535,000 -2.8% +2.8%
90 Day Sold $543,000 -2.0% +0.6%
Days on Market
Active 69.46 -65.1% +7.8%
Pending 40.44 +1.7% -35.7%
90 Day Sold 26.98 +2.8% -22.7%
M/M Y/Y
Homes for Sale 3 0.0% -66.7%
Months Inventory 0.80 0.0% -56.3%
Contracts Pending 4 0.0% -25.0%
Solds: 90 Day 11 -45.5% -9.1%
Average List Price/Sold Price 100.17% +0.9% -0.1%
Active/Pending Ratio 0.75 0.0% -33.3%
Average Price M/M Y/Y
Active $820,000 -12.4% +5.3%
Pending $607,760 +3.3% -1.3%
90 Day Sold $650,795 +4.4% -2.9%
Median Price
Active $895,000 -10.6% +19.6%
Pending $629,900 +4.7% +8.7%
90 Day Sold $620,000 -3.5% -2.8%
Days on Market
Active 159.00 +12.4% +78.2%
Pending 24.00 +10.0% -133.9%
90 Day Sold 7.82 -119.1% -243.1%
M/M Y/Y
Homes for Sale 8 +50.0% -225.0%
Months Inventory 0.66 +54.5% -142.4%
Contracts Pending 13 +23.1% -38.5%
Solds: 90 Day 33 +3.0% -48.5%
Average List Price/Sold Price 101.56% +0.4% +1.2%
Active/Pending Ratio 0.62 +35.5% -132.3%
Average Price M/M Y/Y
Active $620,249 -6.5% +11.8%
Pending $558,059 +0.5% +11.0%
90 Day Sold $540,498 +1.0% +5.0%
Median Price
Active $583,450 -7.1% +5.4%
Pending $544,600 -8.3% +8.2%
90 Day Sold $557,000 +0.5% +5.7%
Days on Market
Active 25.75 -136.9% -170.8%
Pending 32.37 -30.6% -68.5%
90 Day Sold 19.67 +11.3% -76.1%
M/M Y/Y
Homes for Sale 2 0.0% N/A
Months Inventory 2.00 -9.0% N/A
Contracts Pending 2 +50.0% N/A
Solds: 90 Day 6 0.0% N/A
Average List Price/Sold Price 97.46% -0.4% N/A
Active/Pending Ratio 1.00 -100.0% N/A
Average Price M/M Y/Y
Active $169,900 -17.1% N/A
Pending $300,467 -2.1% N/A
90 Day Sold $234,500 -14.4% N/A
Median Price
Active $169,900 -17.1% N/A
Pending $297,500 0.0% N/A
90 Day Sold $235,000 -6.4% N/A
Days on Market
Active 110.00 -68.2% N/A
Pending 119.00 +51.8% N/A
90 Day Sold 102.33 +4.9% 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
30 Homes for Sale
Today's Median Price $595,000
Petworth
68 Homes for Sale
Today's Median Price $608,200
Woodbridge, VA
117 Homes for Sale
Today's Median Price $399,000

Public Schools near Riggs Park/Michigan Park

Powell Elementary School
14 Homes for Sale
Today's Median Price $660,000
Bruce-Monroe Elementary School
32 Homes for Sale
Today's Median Price $642,000
LaSalle-Backus Education Campus
4 Homes for Sale
Today's Median Price $535,000