Home Price Watch: Townhomes Break $1 Million in 20009
✉️ Want to forward this article? Click here.
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.
Similar Posts:
- Home Price Watch: Rising 15 Percent a Year in Bloomingdale and LeDroit
- Home Price Watch: Climbing on Capitol Hill and Hill East
See other articles related to: columbia heights, dclofts, dupont circle, home price watch, logan circle
This article originally published at https://dc.urbanturf.com/articles/blog/home_price_watch_townhomes_break_1_million_in_20009/7442.
UrbanTurf Listings showcases the DC metro area's best properties available for sale.
Most Popular... This Week • Last 30 Days • Ever
As the year draws to a close, homeowners have the opportunity to maximize their tax b... read »
Some interesting residential plans are on the boards for the church at 16th Street an... read »
For sellers in Woodley Park, Chevy Chase and Spring Valley, it was a good time to sel... read »
The high-end properties are set between the Potomac River/C&O Towpath and multiple pa... read »
The push to get federal workers back in the office; the buyer of the DC-area's most e... 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
