Home | Newsletter | Advertise
loading...

DC's Most Expensive Housing Market Is a Neighborhood Most Residents Probably Don't Know

  • August 28th 2019

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

A home the sold in Berkley earlier this year.

If you asked most DC residents where Berkley is located, you would likely get a lot of blank looks. The obscure neighborhood is tucked away in the upper reaches of Northwest DC just off Foxhall Road (map).

However, what the neighborhood lacks in visibility, it makes up for in pricey real estate.

Only two of the homes sold in the neighborhood this year carried price tags below $1.3 million, and the median home sales price was the highest in the city at almost $1.9 million. Below, UrbanTurf picked out some key housing statistics for the neighborhood. 

  • $1.875 million -- The median home sales price this year, a 30 percent increase over 2018. 
  • $1.82 million -- The average list price for homes sold in Berkley this year. 
  • 70 -- The average number of days homes spent on the market in 2019. 
  • 40% -- The percentage of homes that sold in all-cash transactions this year. 

Similar Posts:

Photo courtesy of HomeVisit. 

See other articles related to: berkley, dc's most expensive homes, luxury real estate dc

This article originally published at https://dc.urbanturf.com/articles/blog/dcs-most-expensive-housing-market-is-a-neighborhood-most-residents-probably/15809.

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

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