$1.4 Million: The Price for a House in DC Hit a New High in April
Another month, another new record for the price a house in DC.
After setting a new high in March, the value of a detached house in DC skyrocketed to another record in April. The median price for this property type in the city rose to $1.395 million, according to Bright MLS, up 11% compared to last April and about $100,000 higher than just a month ago.
story continues below
loading...story continues above
A look around the city in April finds that the neighborhoods that saw some of saw the highest year-over-year price increases were Palisades (44%), AU Park (41%) and Chevy Chase DC (24%).
The rise in detached house prices in the District over the last two years has been eye-popping. In May 2019, the median price for a house was more than half a million dollars lower than it is today.
Similar Posts:
See other articles related to: dc home prices, dc housing market, dc housing prices
This article originally published at https://dc.urbanturf.com/articles/blog/14-million-the-price-for-a-house-in-dc-broke-another-record-in-april/19656.
Most Popular... This Week • Last 30 Days • Ever
DC's homebuyer assistance programs can be a bit complex. This edition of First-Timer ... read »
When it comes to financing a home purchase, a 30-year mortgage is one of the most com... read »
Pocket listings are growing in popularity in the low-inventory market in the DC regio... read »
Plans for the development at a prominent DC intersection began nearly eight years ago... read »
The eight-bedroom, 35,000 square-foot home in McLean originally hit the market in 202... 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. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro