With the fall housing market in full swing, UrbanTurf is taking a look at the neighborhood markets around the DC region. Today, we head over to Shaw.
Shaw is a neighborhood where the for-sale housing stock breaks down fairly evenly between condos and townhomes, which is represented in 2019 sales where 41 percent of transactions were condo sales. Median home prices were up a bit overall in the neighborhood, with three-bedroom townhome prices popping the most. Overall, Shaw has a more balanced market than other inventory-starved DC neighborhoods, which means that buyers have a little more choice and leverage. Below are some statistics about the Shaw market.
- $799,555 -- The median home sales price in Shaw in 2019, up 3.5% from last year.
- $1.351 million -- The average home price for a townhome with three bedrooms, up 13.5% from last year.
- 54% -- The percentage of homes that sold within ten days of being listed in 2019.
- 2.5 months -- The supply of homes on the market in March.
- 32 -- The number of condos sold in the neighborhood this year, 41% of total sales.
This article originally published at http://dc.urbanturf.com/articles/blog/fair-and-balanced-the-shaw-housing-market-by-the-numbers/15931
Most Popular... This Week • Last 30 Days • Ever
Here's what you need to know about reporting profit made from the sale of your home.... read »
A final look for the year at the DC neighborhoods where home values rose the most thi... read »
Residential development in this jurisdiction-straddling neighborhood got a major kick... read »
With two additional museums authorized as part of the Smithsonian system, a forthcomi... read »
Another hotel in the DC area will bite the dust to make way for the new development.... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
A Tysons development has the area's five tallest buildings on the boards.... read »
Homeowners will be able to expedite the ADU approval process with two options for one... read »
A rezoning may be in the works for the AutoZone site.... read »
The priciest condo to ever sell in DC just closed last week, nearly a month after the... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
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!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro