Thirty-seven units sold in 20001 in April 2011 and here is a chart providing a year-over-year comparison of sales volume, median price and average price:

Unit sales in April 2011 were down about 40 percent in the zip code, compared to April 2010. While the number of condos sold last month (24) was relatively unchanged from the previous April (27), there was a significant drop-off in homes sold. (Thirteen houses sold in April 2011, compared to 35 in April 2010.)

Year over year, the average sales price for all properties rose 4.69 percent, but the median price fell by about two percent. The zip codes average price was 9.6 percent lower than the DC average and the median price was 5.51 percent higher.

At Aprils sales pace, theres a 3.5-months supply of condos for sale and a 4.46-months supply of single-family homes. More than half of the condos listed last month were in the $300,000 to $500,000 price range, and $600,000 appeared to be the median price point for single-family homes: 28 were listed below that price, 30 above. According to MRIS, properties in 20001 are selling for 96.3 percent of their asking price.

The market in 20001 trends towards condos and attached houses; very few detached homes sell in 20001 in any given month. The zip codes prices are reasonable by DC standards, which has many buyers considering a condo or a row house in one of the 20001 neighborhoods. Those looking currently should be aware that tight inventory will mean less bargaining leverage and the need to be prepared to move quickly when the right home is found.