UrbanTurf is taking its annual look at the neighborhood housing markets around the DC region. Today, we head over to Kent.
Kent is a neighborhood in the upper reaches of NW DC just adjacent to the Maryland border where home prices rarely fall below $1 million. Despite the high price tags, the neighborhood saw home sales shoot up this year along with most of the rest of the city. While prices did not have the same upper trajectory as sales, they are up slightly compared to 2019 and homes are selling much closer to their original asking price this year.
Below UrbanTurf plucked out several other interesting stats about the Kent market.
- $1.595 million -- The median home price in Kent, up 1.2% compared to 2019.
- 29 -- The number of homes sold in the neighborhood this year, up 61% compared to last year.
- 23 -- The number of detached, single-family homes that sold in the neighborhood this year.
- 1 -- The number of homes that sold below $1 million in Kent this year.
- 96.8% -- The ratio of average sold price to average list price in Kent, up 11.6% year-over-year.
- The Takoma Park Housing Market, By the Numbers
- A 33% Jump: The Palisades Housing Market, By the Numbers
- Prices Soar, But So Do Sales: The Woodridge Housing Market, By the Numbers
- A Very Robust Start to 2020: The Crystal City Housing Market, By the Numbers
- Still DC's Most Competitive? The AU Park Housing Market, By the Numbers
- The Capitol Hill Housing Market, By the Numbers
- Still One of DC's Priciest: The Georgetown Market, By the Numbers
- The Chevy Chase Housing Market, By the Numbers
- The Shepherd Park Housing Market, By the Numbers
- A Look at DC's Priciest Housing Market: Spring Valley, By the Numbers
- Rising Prices Don't Dampen Sales: The Anacostia Housing Market, By the Numbers
This article originally published at http://dc.urbanturf.com/articles/blog/1-million-and-up-the-kent-housing-market-by-the-numbers/17323
Most Popular... This Week • Last 30 Days • Ever
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
The seven-bedroom home hit the market on Friday and was under contract by Sunday.... read »
Loan recasting is a growing practice- so what is it?... read »
The 25-acre array will produce a quarter of the university's current annual energy co... read »
This year will likely go down as the year that prices for houses in DC reached new he... read »
The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... read »
STAY DC provides rental aid and utility payment grants to at-risk District residents ... read »
The planned 8-unit development would be located on K Street right along the Potomac R... read »
Landmark Theatres is in the final stages of negotiations that would have it operating... read »
The 12,000 square foot replica of 1600 Pennsylvania Avenue went under contract last w... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
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!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro