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DC's Housing Market in 2019 (So Far), By the Numbers

  • March 25th 2019

by UrbanTurf Staff

A Spring Valley home that recently sold.

As the spring housing market gets going, UrbanTurf breaks down a series of numbers that provide a picture of the DC market so far this year.

  • $555,000 -- The median sales price of a home in DC, up 8 percent since last year.
  • 1,067 -- The number of homes that sold in DC so far in 2019, down 8.5% compared to last year.
  • 1.71 -- The monthly supply of homes on the market in DC, up 25 percent compared to last year.
  • 32 -- The median number of days that homes spend on the market in DC, down 16 percent compared to last year.
  • $1.09 million -- The average price of a rowhouse with 4+ bedrooms, up 18 percent since last year.
  • $1.229 million -- The average price of a detached home with 4+ bedrooms, down 12 percent since last year.
  • $2.4 million -- The median sales price for a home in DC's Spring Valley neighborhood. 
  • $225,500 -- The median sales price for a home in DC's Congress Heights neighborhood.
  • 106% -- The average sales price to original list price ratio of homes sold in Congress Heights this year.
  • 12 -- The number of DC neighborhoods where the median home price exceeds $1 million.

This article originally published at https://dc.urbanturf.com/articles/blog/dcs-housing-market-in-2019-so-far-by-the-numbers/15173.

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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!

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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

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