The key factors when purchasing homeowner's insurance.

  • Estimate the rebuilding costs of you home.

  • Make sure to include renovations, updates and improvements you've made to the home.

  • Take full inventory of your personal property and its worth.

  • Make sure you fully cover unique or expensive property.

  • Factor in your entire net worth.

  • Don't forget to include additional daily living expenses.

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DC/MD/VA Metro Area Information

  • 5,949,403 METRO POPULATION

  • $65,910 AVERAGE ANNUAL SALARY

  • 66.7° / 49.5° AVG HIGH/LOW TEMPS

  • 36.3 MEDIAN AGE

  • $371,772 MEDIAN HOME PRICE

  • 39.7 inches AVG ANNUAL RAINFALL

  • 3.9% UNEMPLOYMENT RATE

  • $1,498 AVG MONTHLY RENT

  • 34.3 minutes AVG COMMUTE TIME

DMV area came in at #4 with an overall score of 7.3 out of a total of 10.

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January 2017

  • January's 2017 closed sales topped 2016 by 9% and was the highest January sales level since 2007. 

  • Pending sales are up 11% from this time last year.

  • New listings were up 15.6 %.

  • Active listing were down from 2,100 in 2016 to 1,749 in 2017 a drop of 16.7%.

  • Sellers received 96.1% of original list price on average and homes sold in January 2017 were on the market an average of 42 days or less. 

 

 

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