Home | Newsletter | Advertise
loading...

A Slightly Slower 2023: The Bloomingdale Housing Market, By the Numbers

  • July 18th 2023

by UrbanTurf Staff

114-W .jpeg
A home that sold in Bloomingdale earlier this year.

UrbanTurf continues its annual look at the neighborhood housing markets around the DC region in 2023, as we head over to Bloomingdale. 

The market in the neighborhood surrounded by Shaw and LeDroit Park has been slower in 2023. Home sales are down, while prices for townhomes have fallen 4% and condo prices dropped 6%. The median home price is still just north of $1 million, but homes are not selling for above list price as frequently as they did last year. The drop in bidding wars is likely the result of the supply of homes for sale, which is notably higher than other neighborhoods in the District. 

Below are some of the more interesting statistics we picked out about the Bloomingdale market. 

  • $1.005 million -- The median home price in Bloomingdale. 
  • 35 -- The number of homes that sold in the neighborhood this year, down 40% compared to 2022.
  • 30% -- The percentage of homes that sold in ten days or less. 
  • 3.3 months -- The supply of homes for sale in the second quarter, up 11%. 

Similar Posts: 

This article originally published at https://dc.urbanturf.com/articles/blog/a_slightly_slower_2023_the_bloomingdale_housing_market_by_the_numbers/21261.

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

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse