What's Hot: The 4 Big Developments Planned Around DC's Starburst Intersection | The DC Neighborhood Where the Few Homes That Sell Move Quickly
A 39 Percent Jump: The Chevy Chase DC Market, By the Numbers

With the spring housing market underway, UrbanTurf is taking its annual look at the neighborhood markets around the DC region. Today, we head over to Chevy Chase DC.
Year in and year out, Chevy Chase is regularly one of the more competitive DC neighborhood housing markets where high prices, high demand and low supply are constant themes. All those characteristics are in overdrive in 2021. Home sales are up 88% year over year, even with prices up 15%. As for supply, it stood at about two weeks in the first quarter of the year, about as low as it gets in the city.
Below are some statistics that UrbanTurf compiled about the Chevy Chase market.
story continues below
loading...story continues above
- $1.24 million -- The median home sales price in Chevy Chase DC in 2021, up 14.8 percent compared to 2020.
- $1.74 million -- The average sales price on a detached home with 4+ bedrooms, up 39 percent compared to 2020.
- 102.6% -- The average sales price to original list price ratio in the neighborhood in 2021.
- 2.44 -- The contract ratio in February, meaning that more than two homes went under contract in the month for every active listing.
- 64% -- The percentage of homes that sold within ten days of being listed in 2021.
Similar Posts:
See other articles related to: chevy chase dc, chevy chase dc home prices, chevy chase dc housing market
This article originally published at https://dc.urbanturf.com/articles/blog/a-39-percent-jump-the-chevy-chase-dc-market-by-the-numbers/18089.
Most Popular... This Week • Last 30 Days • Ever

In this edition of First-Timer Primer, we look into the question of how to determine ... read »

A Roth IRA is one of those accounts that people feel is totally off limits until you ... read »

The now-historic Uptown Theater; the coming plans for the Landmark Mall; and the high... read »

UrbanTurf Listings is a premium property listings service that showcases some of the ... read »

Long-term mortgage rates dropped this week, hitting pause on the steady ascent that t... 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. 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