Market Watch 20001: Shaw, LeDroit Park, Mount Vernon Square, Bloomingdale

by Keith Gibbons

A condo building at 910 M Street NW

Housing Market Watch is a weekly feature on UrbanTurf in which Keith Gibbons, the brains behind DCHousingPrices.com analyzes recent MRIS statistics for a specific DC area zip code to help paint a picture of the housing market in that area.

In Housing Market Watch this week, UrbanTurf looks at the DC zip code of 20001. 20001 is roughly situated between 11th Street NW and North Capitol Street, bordered on the north by Michigan Avenue NW and on the south by the Mall. Portions of Shaw, LeDroit Park, Mount Vernon Square, Truxton Circle, Columbia Heights and Bloomingdale are included in this zip code.

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:

20001 Market Summary

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 code’s average price was 9.6 percent lower than the DC average and the median price was 5.51 percent higher.

Median home sales prices in 20001 since April 2010.

At April’s sales pace, there’s a 3.5-month’s supply of condos for sale and a 4.46-month’s 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 code’s 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.

Below are charts that provide more detailed statistics of the market in 20001.

Average Sales Price
Unit Sales Volume

Next Week: A look at the housing market in the 20004 zip code.

Similar Posts:


This article is based on custom data provided to UrbanTurf by MRIS, a developer of real estate technology and information as well as the largest multiple listing service (MLS) in the United States.

This article originally published at http://dc.urbanturf.com/articles/blog/market_watch_20001_shaw_ledroit_park_mount_vernon_square_bloomingdale/3580


  1. Rex said at 4:03 pm on Wednesday June 1, 2011:

    Just my two cents, but this seems to include a large section of the city.  It might be a little more informative if it focused on the neighborhoods one at a time and showed trends rather than a spot comparison (e.g., graph of sales per month over two years instead of 4/11 vs. 4/10).

  1. Mark Wellborn said at 6:10 pm on Wednesday June 1, 2011:

    Hey Rex,

    Thanks for the feedback.

    MRIS only provides housing data down to the zip code level, not the neighborhood level, so this is as granular as we can get for now.

    To your other point, we eventually hope to analyze three-month clumps of housing data for each zip code instead of a month-to-month comparison.

    Mark Wellborn

Join the discussion

UrbanTurf now requires registration in order to post comments. Register here, or login below if you are already registered.

Click here if you forgot your password.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!

Northern Virginia

Profiles of 14 neighborhoods across Northern Virginia

Looking to Give People A Reason to Stay Past 6pm
Happily Straddling the Line Between City and Suburb
Columbia Pike
Arlington’s Neglected Stepchild is Getting a Makeover
Crystal City
Turning Lemons into Lemonade
Lyon Village
Developing An Air of Exclusivity?
Hitting Its Growth Spurt
An Urban Village Hitting Its Stride
Del Ray
Virginia’s Small Town Near the Big City
Eisenhower Avenue
The Vibrancy Might Take a Few Years
The Quiet Neighborhood By the Beltway
Old Town
Mayberry By The Potomac
132 Commerical-Free Acres
Downtown Falls Church
Staying the Same in the Midst of Change
Tysons Corner
Radical Change Could Be On The Way

See more Northern Virginia »


Profiles of 14 neighborhoods in suburban Maryland

Small-Town Living in the State Capital
Bedroom Community Gets Buzzing Cache
Cabin John
In With The New While Maintaining the Old
Chevy Chase
Affluence, Green Lawns and Pricey Homes
Downtown Silver Spring
Experiencing a Resurgence After a Bumpy History
A Suburb on Steroids
Rockville Town Square
Despite the Dynamism, Still Somewhat Generic
Takoma Park
More Than a Little Bit Quirky
A Foodie Magnet on the Verge of Change
Capitol Heights
Kudzu, Front Porches and Crime
Glass Half Full or Half Empty?
Mount Rainier
Artists, Affordable Homes and A Silo Full of Corn
National Harbor
A Development Rises Next to the Potomac
Riverdale Park
A Town Looking For Its Identity

See more Maryland »

Northwest DC

30+ neighborhood profiles for the city's biggest quadrant

16th Street Heights
DC's Sleeper Neighborhood
Where (Almost) Everyone Knows Your Name
AU Park
One of DC’s Last Frontiers Before the Suburbs
DC’s Northern Neighborhood on the Cusp
DC’s 535 House Neighborhood
Cathedral Heights
Do You Know Where That Is?
Chevy Chase DC
Not to Be Confused With the Other Chevy Chase
Cleveland Park
Coming Back After A Rough Year
Columbia Heights
DC’s Most Diverse Neighborhood, But For How Long?
An Island of Serenity East of the Park
Dupont Circle
The Best of DC (For a Price)
Foggy Bottom & West End
Where the Institutional Meets the International
Forest Hills
Ambassadors and Adventurous Architecture
Fort Totten
Five Years Could Make a Big Difference
Foxhall Village
350 Homes Just West of Georgetown
Friendship Heights
A Shopping Mecca With a Few Places to Live
History, Hoyas and H&M
Glover Park
One of DC’s Preppier and More Family-Friendly Neighborhoods
A Posh View From Embassy Row
LeDroit Park
A Quiet Enclave in the Middle of the City
Logan Circle
Trendy Now, But Not By Accident
Mount Pleasant
Sought-After Homes Surround Main Street in Transition
Mount Vernon Triangle
From Seedy to Sought-After
The Long, Skinny Neighborhood at the City’s Northwest Edge
Park View
It’s Not Petworth
Penn Quarter/Chinatown
DC’s Go-Go-Go Neighborhood
Getting a Vibrancy of Its Own
The Duke’s Former Stomping Ground
Shepherd Park
DC’s Garden of Diversity
Spring Valley
A Suburb With a DC Zip Code
Not To Be Confused With Takoma Park
Not Quite Like Its Neighbors
U Street Corridor
The Difference a Decade Makes
Woodley Park
Deceptively Residential
Adams Morgan
No Longer DC’s Hippest Neighborhood, But Still Loved by Residents

See more Northwest DC »

Southwest DC

The little quadrant that could

Southwest Waterfront
A Neighborhood Where A Change Is Gonna Come

See more Southwest DC »

Northeast DC

Profiles of 10 neighborhoods in NE

New Development Could Shake Up Pastoral Peace
A Little Bit of Country Just Inside the District’s Borders
Not to Be Confused With Bloomingdale
H Street
A Place To Party, and To Settle Down
The Northeast Neighborhood That Few Know About
Michigan Park
A Newsletter-On-Your-Doorstep Community
Evolving from a Brand to a Neighborhood
Ripe for Investment Right About Now
The Difference 5 Years Makes
Big Houses, A Dusty Commercial Strip and Potential

See more Northeast DC »

Southeast DC

6 neighborhoods from Capitol Hill to East of the River

Capitol Riverfront
Still Growing
Hill East
Capitol Hill’s Lesser Known Neighbor
Congress Heights
Gradually Rising
Notable for Its Neighborliness
Historic Anacostia
Future Promise Breeds Cautious Optimism
Eastern Market
A More European Way of Living

See more Southeast DC »

Upcoming Seminars ▾