What's Hot: Douglas Development Files PUD For Large Warehouse At New City Site Along New York Avenue
Home Price Watch: Prices Rise 16 Percent in Dupont Circle
✉️ Want to forward this article? Click here.
![Home Price Watch: Prices Rise 16 Percent in Dupont Circle: Figure 1](https://assets.urbanturf.com/dc/images/blog/2015/09/1735_New_Hampshire_Ave_NW_201_98459_136901.jpg)
Inside a condo on New Hampshire Avenue
This week in Home Price Watch, UrbanTurf heads to Dupont Circle, where all metrics are pointing to a pretty hot year for the neighborhood market.
The median sales price of homes rose 16.5 percent from last year, for $373,500 to $435,000 and the overall sold dollar volume is up 8 percent to $37.8 million. Three-bedroom homes in the neighborhood saw the largest price increase, rising almost 20 percent to a median of $1.4 million.
story continues below
loading...story continues above
Compared to 2014, homes are flying off the market in Dupont Circle this year. The average days on market is 18, 33 percent lower than the 27 days at this point last year. Forty of the 67 homes listed this year went under contract within ten days of being listed, and not one home has sat on the market for longer than three months.
The last statistic that is a telling indicator of the health of the market is the average sold price to original list price ratio for the neighborhood, which currently sits at 100.3 percent for the year.
UrbanTurf used data on the advertised Dupont Circle subdivision from real estate data firm RealEstate Business Intelligence for this article.
Similar Posts:
- Home Price Watch: Up In Michigan Park
- Home Price Watch: The Neighborhood Where You Will Pay Above Asking
- Home Price Watch: The 35 Percent Increase in Anacostia
- Home Price Watch: A Good Year for AU Park
- Home Price Watch: Woodridge Prices Shoot Up 20 Percent
- Home Price Watch: The Very Fast Moving Market of Logan Circle
- Home Price Watch: Home Prices in LeDroit Park Increase 14 Percent
- Home Price Watch: Prices Edge up Slightly in Palisades
- Home Price Watch: Prices Jump 13 Percent in Brightwood
- Home Price Watch: Trinidad, Where Prices Jumped 7 Percent
- Home Price Watch: Eckington, Where Median Prices Jumped 19 Percent
- Home Price Watch: The Very Active Housing Market in Columbia Heights
- Home Price Watch: Cash is King in Georgetown
See other articles related to: dupont circle, dupont circle home prices, home price watch
This article originally published at https://dc.urbanturf.com/articles/blog/home_price_watch_dupont_circle_high_neighborhood/10390.
Most Popular... This Week • Last 30 Days • Ever
![First-Timer Primer: Tax Relief for DC Homeowners](https://assets.urbanturf.com/dc/images/blog/2013/02/Homestead_Exemption_280.jpg)
When you buy a home in the District, you will have to pay property taxes along with y... read »
![A 127-Unit Luxury Condo Building In The Works For Downtown DC](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/950%203rd%20Street%20Dusk%20EXT_image_560x420.jpg)
The largest condominium building in downtown DC in recent memory is currently under c... read »
![HPO Recommends Approval For 160-Unit Office-To-Residential Conversion in Dupont Circle](https://assets.urbanturf.com/dc/images/blog/2024/06/resized/1201-Conn_image_560x420.jpg)
The plan to convert a Dupont Circle office building into a residential development ap... read »
![Beautifully Constructed Condominium in The Bridge District is Now 50% Sold](https://assets.urbanturf.com/dc/images/blog/2024/07/Riviere%20article/resized/2305%20Nicholson%20St%20SE%20405-0003_image_560x420.jpg)
The Rivière includes just 20 homes located on the eastern banks of the Anacostia Riv... read »
![Monday's Must Reads](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/bubble_image_560x420.jpg)
Why Tyra Banks is serving ice cream in DC; a bike shop/record store opens in Adams Mo... 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. 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