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From 16% to $16.5 Million: DC’s Housing Market in 2018 By the Numbers

by UrbanTurf Staff

A DC home that sold in 2018.

With the 2018 housing market in the rearview mirror, UrbanTurf breaks down a series of numbers that provide a picture of the DC market last year. 

  • 9,042 -- The number of homes that sold in 2018. 
  • 1,783 -- The number of homes that sold for all cash. 
  • $570,000 -- The median home sales price in 2018, the highest annual level on record for DC. 
  • $399,000 -- The median sales price for a home in 2011. 
  • $1,274,502 -- The average price of a detached home in 2018. 
  • $16.5 million -- The sales price for the most expensive home sold
  • $24,900 -- The sales price for the least expensive home sold. 
  • 23% -- The percentage of homes that sold in 10 days or less. 
  • 16 -- The number of homes that have been on the market for more than two years.
  • 16% -- The percentage of homes that sold for more than $1 million. 
  • $754 -- The median price per square foot in West End. 
  • 1.73 -- The months of available housing supply in December 2018, a 20% year-over-year jump. 

This article originally published at https://dc.urbanturf.com/articles/blog/dcs-housing-market-by-the-numbers/14894

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