It is early in the year, but there are already a number of areas around DC where home sale prices are regularly exceeding $1 million.
An analysis by UrbanTurf found that there are 14 neighborhoods in the city where the median home price is north of $1 million so far in 2023.
Million-dollar mainstays Spring Valley and Berkley are leading the pack with prices exceeding $2.1 million. Bloomingdale and Shepherd Park round out the bottom of the list, with prices just above $1 million. Other neighborhoods where seven-figure homes are the norm include Chevy Chase DC, Crestwood, Georgetown and Palisades.
The number of million-dollar neighborhoods in the city has dropped compared to last year, when a record 18 neighborhoods made the list. As the spring housing market gears up, it will be interesting to see if more areas are added to the list.
This article originally published at https://dc.urbanturf.com/articles/blog/dcs_14_million-dollar_neighborhoods_in_2023/20796.
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