High Prices, Higher Competition: The Capitol Hill Housing Market, By the Numbers
✉️ Want to forward this article? Click here.
With the spring housing market just getting started, UrbanTurf is taking its annual look at the neighborhood markets around the DC region. Today, we head to Capitol Hill.
The Capitol Hill housing market is a good microcosm of what is going on in the larger regional market. So far in 2022, home prices are up across the board in the neighborhood while inventory is down significantly and home sales are following suit. Below, we picked out some statistics for the neighborhood that are illustrative of what is happening.
story continues below
loading...story continues above
- $1.03 million -- The median home price on Capitol Hill so far in 2022, up 17 percent compared to last year.
- $1.652 million -- The average home price for an attached house with 4+ bedrooms, up 8 percent compared to 2021.
- 0.66 -- The monthly supply of homes for sale in February, down 54 percent compared to last February.
- 71 -- The number of homes sold so far in 2022, down 14 percent compared to last year.
- 60% -- The percentage of homes that sold in ten days or less.
See other articles related to: capitol hill, capitol hill home prices, capitol hill housing market
This article originally published at https://dc.urbanturf.com/articles/blog/high-prices-higher-competition-the-capitol-hill-housing-market-by-the-numbe/19441.
Most Popular... This Week • Last 30 Days • Ever
Mortgage rate buydowns can be a good option for buyers who want to save money on inte... read »
Plans filed this week provide the latest look at the 106-key hotel in the works at an... read »
A plan to add another new residential building to the Friendship Heights pipeline is ... read »
The eight-bedroom, 35,000 square-foot home in McLean known as The Cliffs went under c... read »
The large new development would take the place of the Ballston One office building al... read »
- How Does a Mortgage Rate Buydown Work?
- A Look At Georgetown's New 100-Key Hotel Along The Canal
- Donohoe Files PUD For 127-Unit Development in Friendship Heights
- A $30 Million Sale? One Of The DC Area's Most Expensive Homes Finds A Buyer
- Updated Plans Filed For 328-Unit Development At Arlington Office Site
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
Unique Spaces
Awesome and unusual real estate from across the DC Metro