Home Price Watch: Rising 15 Percent a Year in Bloomingdale and LeDroit
✉️ Want to forward this article? Click here.

A home that recently sold on 3rd Street NW.
Readers may remember Home Price Watch, a semi-regular feature from 2012 where we analyzed the housing market in various zip codes around the DC area. Now that we are eight months into the year, we have enough zip code real estate data to compare 2013 to previous years.
First up is 20001, the zip code that encompasses much of Bloomingdale, LeDroit Park, Shaw and Mount Vernon Square (the area east of 11th Street, west of North Capitol Street and roughly between Columbia Road and Massachusetts Avenue NW). Last year, when we looked at the neighborhood at around this time, we noted the jump in median sale prices over the past decade and the increasing number of condo sales.

Since last year, the two trends that we noted have only amplified. Year-to-date, 2013 has seen a large increase in the number of condo sales, and a notable jump up in the price of townhouses.
In 2012, 169 condos had sold by this time. This year, that statistic leapt to 223. A very telling metric of how the area’s housing stock has changed in the past decade can be found in the number of condos sold in 2002 during the first eight months: 15.
Townhouses are the property type that have led the way in terms of price increases this year. In 2012, the median sales price in the townhouse category was $515,000; this year, the median price has risen to about $594,000, a 15 percent increase over 2012.
This article is based on data from RealEstate Business Intelligence (RBI), a developer of real estate technology and information in the DC area.
See other articles related to: 20001, bloomingdale, dclofts, home price watch, ledroit park, shaw, truxton circle
This article originally published at https://dc.urbanturf.com/articles/blog/home_price_watch_rising_15_percent_in_a_year_in_bloomingdale_and_ledroit/7388.
Most Popular... This Week • Last 30 Days • Ever

In this article, UrbanTurf will explain what special assessments are, how they work, ... read »

A Home Equity Line of Credit, commonly referred to as HELOC, is a borrowing product t... read »

A new development team is looking to take over the project and move it forward.... read »

A shorter version of the development is now on the table.... read »

A DC downgrade; the possibility of a downtown DC grocery store; and the end for Tail ... 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