Home | Newsletter | Advertise
loading...

Fairly Balanced: The Logan Circle Market, By the Numbers

  • April 19th 2023

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

1445-church.jpeg
A condo in Logan Circle.

With the spring housing market in full swing, UrbanTurf continues its annual look at the neighborhood markets around the DC region. Today, we head to Logan Circle. 

Unlike other neighborhood markets around the DC region, Logan Circle has not seen home sales drop off a cliff this year. Sales are down by about 10%, but the market remains fairly brisk with more than a third of sales happening in ten days or less. Prices are up for townhouses and down slightly for condos and co-ops, and the number of new listings to come online has been minimal so far this year.

Below, we picked out some statistics for the neighborhood that are illustrative of what is happening. 

  • 46 -- The number of homes sold so far in 2023, compared to 50 at this time last year. 
  • $790,000 -- The median home price in the neighborhood this year, up 12% versus 2022.
  • $2.5 million -- The average sales price for a townhome with 4+ bedrooms. 
  • 26 -- The number of new listings in March, down 30% compared to March 2022.

Photo Courtesy HD Bros

See other articles related to: logan circle, logan circle housing market

This article originally published at https://dc.urbanturf.com/articles/blog/fairly_balanced_the_logan_circle_market_by_the_numbers/20921.

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