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A Slower 2024: The Bloomingdale Housing Market, By The Numbers

  • July 23rd 2024

by UrbanTurf Staff

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150-RI.jpg
A condo in Bloomingdale.

UrbanTurf continues its annual look at the neighborhood housing markets around the DC region in 2024, as we head over to Bloomingdale. 

The market in the neighborhood surrounded by Shaw and LeDroit Park has slowed down over the last two years. In 2024, home sales fell over 20%, while prices are down more than 10%. While one out of three homes are selling in ten days or less, the supply of homes for sale is up significantly compared to last year, resulting in more options for buyers. 

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

  • $885,000 -- The median home price in Bloomingdale, down 12% since last year.
  • 27 -- The number of homes that sold in the neighborhood this year, down 22% compared to 2023.
  • 33% -- The percentage of homes that sold in ten days or less. 
  • 27 -- The number of listings on the market in June, up 35% year-over-year

Photo by Derek and Vee.

See other articles related to: bloomingdale, bloomingdale housing market

This article originally published at https://dc.urbanturf.com/articles/blog/a_slower_2024_the_bloomingdale_housing_market_by_the_numbers/22545.

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