High Home Prices, Higher Demand on Capitol Hill
✉️ Want to forward this article? Click here.
With the spring housing market in full swing, UrbanTurf is taking its annual look at the neighborhood markets around the DC region. Today, we head down to Capitol Hill.
Increasing home prices haven't dampened homebuyer demand on the Hill, as they have in the rest of the region. As the selection of statistics below show, both prices and sales have risen by double-digit percentage points compared to the same period last year. But what is also rising is the supply of homes for sale, which means that buyers will have more options this spring.
story continues below
loading...story continues above
- $869,500 -- The median home sales price on Capitol Hill in 2019, up 11 percent compared to last year.
- $1.527 million -- The average home price for an attached house with four or more bedrooms, up 17 percent compared to 2018.
- 1.61 -- The monthly supply of homes for sale in March, up 86 percent compared to last year.
- 10 -- The median number of days that homes spent on the market in March, down 58 percent compared to the same time last year.
- 118 -- The number of homes sold so far in 2019, up 17 percent compare to 2018.
- 99.9% -- The average sales price to original list price ratio for homes that sold in 2019.
See other articles related to: capitol hill, capitol hill home prices, capitol hill housing statistics
This article originally published at https://dc.urbanturf.com/articles/blog/capitol-hill/15354.
Most Popular... This Week • Last 30 Days • Ever
As the year draws to a close, homeowners have the opportunity to maximize their tax b... read »
Some interesting residential plans are on the boards for the church at 16th Street an... read »
Plans for the large new residential project are looking to get started again after mo... read »
The Wall Street Journal is reporting that Jeff Skoll has purchased two homes on nine ... read »
For sellers in Woodley Park, Chevy Chase and Spring Valley, it was a good time to sel... read »
- What Homeowners Should Do Before The End of the Year
- A Nine-Story Condo Building Floated For 16th Street Church Property
- Plans Filed For 230-Unit Development At Brookland Metro Station
- EBay's First President Buys McLean Homes For $17 Million
- The 3 Zip Codes Where DC Home Sellers Average More Than $500,000 In Profits
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