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5 DC Zip Codes Where You Are Paying Above List Price

by UrbanTurf Staff

5 DC Zip Codes Where You Are Paying Above List Price: Figure 1

Later this week, UrbanTurf will be running an article about the fact that the competition in DC’s housing market is resulting in homes regularly selling for above their asking price.

In preparation, RealEstate Business Intelligence provided us with a list of the DC zip codes with the highest average sales-to-original-list-price ratio for homes that sold in 2013. RBI’s Corey Hart confirmed that if if a zip code has a 98.5 to 99.5 percent sales-to-original-list-price ratio, a number of homes are selling for above asking price in that area.

Here are the five zip codes in DC with the highest ratios so far this year. Most will not surprise you:

  • 20005 — Includes portions of Logan Circle and Thomas Circle — 99.4 percent
  • 20017 — Includes portions of Brookland and Michigan Park — 99.2 percent
  • 20002 — Includes portions of Capitol Hill, Bloomingdale, Edgewood, Eckington, and Trinidad — 99.1 percent
  • 20001 — Includes portions of Bloomingdale, LeDroit Park, Shaw, Mount Vernon Square — 99.1 percent
  • 20009 — Includes portions of Logan Circle, Columbia Heights, U Street Corridor and Adams Morgan — 98.5 percent

See other articles related to: dclofts

This article originally published at https://dc.urbanturf.com/articles/blog/5_dc_zip_codes_where_you_are_paying_above_list_price/6840

11 Comments

  1. Melissa Merz said at 3:21 pm on Wednesday March 27, 2013:
    Hello. What about 20003?
  1. Mark Wellborn said at 4:00 pm on Wednesday March 27, 2013:
    Melissa, 20003 has an average sales-to-original-list-price ratio of 97.2 percent, fairly far down the list for the DC area this year. Mark Wellborn Editor
  1. anon_1 said at 4:10 pm on Wednesday March 27, 2013:
    I think a lot of Hill realtors do their clients a disservice by overselling the value of any Hill addresses. I see so many poorly priced homes on the eastern and southern portions of 20003 that this is no surprise.
  1. Anon said at 4:16 pm on Wednesday March 27, 2013:
    20002 is far more than Capitol Hill. It comprises part of Cap Hill, H Street, Eckington, Trinidad, Bloomingdale, and possibly Stronghold and Edgewood too.
  1. Mark Wellborn said at 4:24 pm on Wednesday March 27, 2013:
    Anon, Our oversight on 20002. We have added in those neighborhoods. Mark Wellborn Editor
  1. gman said at 4:40 pm on Wednesday March 27, 2013:
    the 'Sunglasses at Night' guy? sweet.
  1. Thomas said at 7:19 pm on Wednesday March 27, 2013:
    How about providing a list or link to all DC Zip Codes. Thanks.
  1. Tom O'Hare said at 8:16 pm on Wednesday March 27, 2013:
    What about northern VA - do you have any detail on that? Thanks
  1. Mark Wellborn said at 8:22 pm on Wednesday March 27, 2013:
    Tom/Thomas, We will publish the top 10 zip codes for DC, MD and VA on the site in the coming days. Thanks, Mark Wellborn Editor
  1. Jade said at 3:07 am on Thursday March 28, 2013:
    I think parts of 20010 needs to be on that list...
  1. Steve said at 4:15 am on Friday March 29, 2013:
    The list for 20009 covers is very misleading. 20009 is most definitely DuPont circle and Iess Logan than 20001.

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