Home | Newsletter | Advertise
loading...

The Stratospheric Rise of Single-Family Home Prices in DC's Central Corridor Since 2001

  • December 9th 2015

by UrbanTurf Staff

The Stratospheric Rise of Single-Family Home Prices in DC's Central Corridor Since 2001: Figure 1
Courtesy of District Measured.

UrbanTurf regularly reports on housing prices in DC from a variety of angles, however the data we have access to only goes back to 2009.

So, we were very interested in District Measured’s latest post, which summarizes the dramatic rise in single-family home prices over the last 15 years in DC’s central corridor.

“We found that the neighborhoods in the city’s central corridor between Rock Creek Park and the Anacostia River have seen the biggest percent increase in home prices since 2001,” the post authored by Ginger Moored and Peter Johannson stated. “In Trinidad, LeDroit Park, and Columbia Heights, the median sales price for a single family home has more than tripled since 2001.”

In contrast, the post finds that in neighborhoods east of the Anacostia River and in some higher priced neighborhoods west of Rock Creek Park, home prices are higher than they were in 2001, but have not recovered from the dip in the mid-2000s. (It is important to note that this analysis does not include condo and co-op prices.)

We highly recommend diving into the data analysis in the District Measured post here.

This article originally published at https://dc.urbanturf.com/articles/blog/the_stratospheric_rise_of_home_prices_in_dcs_central_corridor_since_2001/10680.

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. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse