What's Hot: Renderings Revealed for 337-Unit Brookland Bowling Alley Conversion | Dan Snyder's Potomac Home Hits the Market for $49 Million
Home Price Watch: Sales Drop as Listing Prices Rise in Dupont Circle

Dupont Circle
For this edition of Home Price Watch, UrbanTurf heads over to Dupont Circle, a neighborhood in one of the city’s lowest-priced zip codes where sales have dropped off noticeably in 2017.
While Dupont Circle has long been a popular DC neighborhood for home buyers, it seems that listing prices have gotten somewhat aspirational, which might be the cause for the drop in sales. Compared to last year, there has been a significant increase in the average list price of homes for sale (up 23 percent to $703,837), while the number of sales thus far this year has fallen by 31 percent.

Dupont Circle is a neighborhood of two property types — condos/co-ops and high-priced townhomes — and that property breakdown was evident in the sales figures this year. Condos and co-ops represented 85 percent of sales in 2017, with an average sales price of $498,598. The remaining sales were on the other end of the spectrum, with average sales prices for townhomes with 4 or more bedrooms up 13 percent to $2.2 million.
Housing data for the advertised subdivision of Dupont Circle was provided by RealEstate Business Intelligence. Dupont Circle is generally considered to be bound by 22nd Street, Florida Avenue and U Street to the west and north, 15th Street to the east and M Street to the south.
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_sales_drop_as_listing_prices_rise_in_dupont_circle/12940.
Most Popular... This Week • Last 30 Days • Ever

The Park View studio spreads out over just 265 square feet.... read »

When Johnsie Walsh rented a unit in her Stanton Park apartment building, she had no i... read »

The 30,000 square-foot home has been privately offered for sale since 2018.... read »

DC's Office of Planning recently looked at DC's migration patterns in 2022. Today, Ur... read »

The residential conversion at a former bowling alley in DC is moving forward, and new... read »
- 265 Square Feet: Inside the Smallest Home on the Market in DC
- Obama, The Tenant: A Chat With The President's DC Landlord
- Dan Snyder's Potomac Home to Publicly Hit the Market for $49 Million
- In and Out: DC's Migration Patterns in 2022, By the Numbers
- Renderings Revealed for 337-Unit Brookland Bowling Alley Conversion
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!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro