$140,000: The Difference 5 Years Makes in DC Home Prices
✉️ Want to forward this article? Click here.

A home in Georgetown.
A look back at the trajectory of home prices in the nation’s capital over the last five years reveals that prices have been on a steady path north.
Since the third quarter of 2010, median sales prices have risen from $402,500 to $540,000 in DC. However as the chart below reveals, the price movement has had valleys and peaks. For instance, in the first quarter of every year, prices dipped, as is expected in the slower winter months. Median prices reached their highest level in the second and quarters of each year when the housing market was in full swing.
story continues below
loading...story continues above

Median sales prices in DC — 2010 to 2015.
Below is a table that looks at how prices have increased based on unit size, but a snapshot shows that the increase has been across the board. For instance, the price for two-bedrooms rose from $435,000 to almost $575,000. Four-bedrooms saw prices go from $560,000 to almost $800,000.
This article originally published at https://dc.urbanturf.com/articles/blog/140000_the_difference_5_years_makes_in_dc_home_prices/10343.
Most Popular... This Week • Last 30 Days • Ever

This article aims to provide an overview of short sales, exploring the reasons behind... read »

A recently proposed zoning change could start paving the way for more development in ... read »

The plan to add another new residential building in Friendship Heights is moving forw... read »

Years after being pitched, the plan to deck over a section of Connecticut Avenue just... read »

Offering 197 residences, indulgent amenities and premium views, NOVEL 14th Street has... read »
- What is a Short Sale?
- The New Zone That Could Spur More Development In Cleveland Park
- 127-Unit Development Pitched in Friendship Heights Heads To Zoning Commission
- Construction Set To Begin On Dupont Circle Deckover
- A First Look at NOVEL 14th Street, The Newest Luxury Apartment Community Along 14th Street
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