Homes in 20009.
A few weeks ago, UrbanTurf restarted its semi-regular feature, Home Price Watch, where we analyze the housing markets in various zip codes around the DC area.
This week, we are examining the zip code of 20009. Roughly speaking, 20009 is bordered to the north by Irving Street, to the west by Connecticut Avenue, to the east by 11th Street and to the south by Q Street NW. Portions of Dupont Circle (excluding the circle itself), Columbia Heights, Logan Circle, the U Street Corridor and Adams Morgan are encompassed within those borders. If there were ever a zip code for which we wished RealEstate Business Intelligence (RBI) broke down housing data by neighborhood, this would be it.
When we looked at 20009 last year, the trajectory of home prices matched the trend in many other parts of the city: prices rose dramatically between 2002 and 2007, and then leveled off somewhat.
This year, the prices of condos and detached homes stayed level in comparison to last year, but townhouse prices rose significantly. For the townhouses sold so far in 2013, the median price comes in at $1,060,500, compared to $839,000 last year.
Another takeaway, though probably not surprising to regular readers, is the low median number of days that homes are spending on the market. Though the statistic has been consistently low in 20009 for the past decade, 2013 has been a particularly stand-out year. The 465 condos sold so far this year stayed on the market for a median of eight days, and the 68 townhouses for just six days.
This article is based on custom data provided to UrbanTurf by RealEstate Business Intelligence (RBI), a developer of real estate technology and information in the DC area.
- Home Price Watch: Rising 15 Percent a Year in Bloomingdale and LeDroit
- Home Price Watch: Climbing on Capitol Hill and Hill East
This article originally published at http://dc.urbanturf.com/articles/blog/home_price_watch_townhomes_break_1_million_in_20009/7442
Most Popular... This Week • Last 30 Days • Ever
The planned 8-unit development would be located on K Street right along the Potomac R... read »
Landmark Theatres is in the final stages of negotiations that would have it operating... read »
The housing market last month was not as hot as September 2020, but that is probably ... read »
The next phase on the Center Block would deliver 166 apartments and 221 hotel rooms.... read »
DC's crane count still ranks as one of the highest among U.S. cities despite a declin... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... read »
STAY DC provides rental aid and utility payment grants to at-risk District residents ... read »
The yet-to-be-built home may set a new bar for luxury in the residential real estate ... read »
Federal Realty plans to eventually file a planned unit development application for th... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... 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. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro