Home | Newsletter | Advertise
loading...

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

  • January 17th 2019

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.

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. Visit guides.urbanturf.com or 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