What's Hot: 47-Unit Boutique Lodging Development Planned in Middle of Chinatown | In and Out: DC's Migration Patterns in 2022, By the Numbers
20% of Homes Sold in DC in 2018 Were All-Cash Purchases

The percentage of cash home sales in DC in 2018 remained consistent with previous years.
8,328 homes sold in the District in 2018 — and 20 percent of those homes went to buyers paying all cash, a percentage virtually identical to 2016 and 2017. Neighborhoods like West End saw more than half of home purchases made in cash while in Georgetown, where the sales volume is much higher, 30 percent of home purchases were all-cash transactions.
It wasn't just the city's high-priced neighborhoods where cash was king. In Congress Heights, 27.6 percent of homes were purchased with cash; 32 percent homes purchased in Randle Heights fell into the all-cash category.
story continues below
loading...story continues above
Below is a sampling of neighborhoods and the percentage of all-cash transactions in 2018:
- Spring Valley: 36 percent
- Capitol Hill: 20 percent
- Petworth: 19 percent
- Anacostia: 18 percent
- Chevy Chase: 16 percent
In this article, the term “home” is defined as any single-family house, condo or co-op that sold in the city in 2018.
This article originally published at https://dc.urbanturf.com/articles/blog/20-of-homes-sold-in-dc-in-2018-were-all-cash-purchases/14845.
Most Popular... This Week • Last 30 Days • Ever

The development will be located a few blocks south of the Takoma Metro station.... read »

The new development along South Capitol Street includes a new amenity for UrbanTurf: ... read »

DC's Office of Planning recently looked at DC's migration patterns in 2022. Today, Ur... read »

A new plan is on the boards for a group of five townhouses in the middle of DC's Chin... read »

Crescent Communities has filed a site plan application with the county for a 467-unit... read »
- All Three-Bedrooms: Douglas Development Plans Missing Middle Project in Takoma
- Podcasts and Pianos: 350-Unit Apartment Project Pitched Blocks North of Nats Park
- In and Out: DC's Migration Patterns in 2022, By the Numbers
- 47-Unit Boutique Lodging Development Planned in Middle of Chinatown
- 470-Unit Apartment/Townhouse Development Pitched For Arlington Hotel Site
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!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro