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