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$469 a Square Foot: The Cost to Live Near Nationals Park

  • April 2, 2015

by UrbanTurf Staff

$469 a Square Foot: The Cost to Live Near Nationals Park: Figure 1
A weekday afternoon Nats game in 2014.

It is not getting any cheaper to live near Nationals Park.

Just in time for opening day, real estate firm Trulia created a chart of the most expensive baseball stadium neighborhoods for homebuyers. The median price per square foot around Nationals Park came in at $469, putting it just outside a top five that includes San Francisco, Boston, San Diego, Los Angeles and Seattle.

$469 a Square Foot: The Cost to Live Near Nationals Park: Figure 2

A price of $469 per square foot is not hard to believe given that most of the residential real estate around the park are new high-rises. However, it is interesting to see how much prices have increased in the area since Trulia conducted a similar analysis in 2013.

Prices around the ballpark have increased notably; the median price per square foot around the stadium in 2013 came in at $392. Home values near San Francisco’s ballpark are in another league (pun intended). Prices around AT&T Park now eclipse the $1,000 per square foot mark, after sitting just north of $650 in 2013.

Note: The final column in the table above is the ratio of stadium-area median price to metro median price. Values above 1 mean the stadium area is more expensive than the metro area overall.

This article originally published at http://dc.urbanturf.com/articles/blog/469_a_square_foot_the_cost_to_live_near_nationals_park/9716

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