A 39 Percent Jump: The Chevy Chase DC Market, By the Numbers
✉️ Want to forward this article? Click here.

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

As home prices hit a record in the region last month, one property type took the lead... read »

As a homeowner, it's important to understand the types of insurance you need to prote... read »

The Hoffman & Associates project is having difficultly securing financing.... read »

Today, UrbanTurf takes a look at the residential pipeline southeast of Florida Avenue... read »

While the number of homes on the market is much higher than last year, that probably ... read »
- The Price Of A House In The DC Region Has Never Been Higher
- What Types of Insurance Do You Need When You Own a Home?
- 445-Unit Mixed-Use Development Adjacent to Audi Field Will Be Delayed
- The Nearly 2,500 Units That Could Still Be In The Works For NoMa
- DC-Area Home Prices Set Record In April As Supply Soars
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