What's Hot: Barnes and Noble Returns To Georgetown Next Week | How An Unmarried Couple Buys A Home Together
6 Days or Less: The 10 DC-Area Neighborhoods Where Homes Sold Fastest in 2021
✉️ Want to forward this article? Click here.
There are many metrics that indicate the competition level in a housing market, including how many days listings spend on the market. In the DC region in 2021, homes were selling faster than ever.
As the year winds down, UrbanTurf is taking a final look at the neighborhoods in the DC region where homes sold the quickest this year.
Using the median days on market metric, we highlighted ten neighborhoods where homes are selling the fastest. Neighborhoods needed to have at least 15 sales this year to be included on the list.
story continues below
loading...story continues above
Four neighborhoods in the region led the way with homes selling on median in just five days. In DC, those neighborhoods were Spring Valley, Takoma and Shepherd Park. In Maryland, homes were also selling in just five days in Glen Echo, a neighborhood off MacArthur Boulevard where homes rarely hit the market.
There were six other neighborhoods with listings selling in a median of 6 days, illustrating the overall competitive nature of the regional market. Those neighborhoods include: Chevy Chase DC, Burleith, Cabin John, Kent, Del Ray and Lily Ponds.
One last thing to note -- except for Glen Echo, every neighborhood in the table above saw homes selling faster than last year.
The statistics used for this article are courtesy of Bright MLS based on listing activity from MRIS.
Photo courtesy of Guillermo Olaizola.
See other articles related to: days on market, dc housing market, dc neighborhoods homes selling fast, homes selling fastest in dc
This article originally published at https://dc.urbanturf.com/articles/blog/6-days-or-less-the-10-dc-area-neighborhoods-where-homes-sold-fastest/19068.
Most Popular... This Week • Last 30 Days • Ever
Estate taxes, also known as inheritance taxes or death duties, are taxes imposed on t... read »
In this article, UrbanTurf will explore the considerations and steps involved in buyi... read »
The most expensive home to sell in the DC region in years closed on Halloween for an ... read »
Paradigm Development Company has plans in the works to build a 12-story, 110-unit con... read »
Washingtonian is reporting that the national bookstore chain will open its doors the ... 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