How Fast Are Homes Selling in DC?
As the spring market gets going, UrbanTurf is taking a look around DC to see how long homes are taking to sell in various neighborhoods.
Using median days on market data for advertised subdivisions, we highlighted areas where homes are selling quickly, as well as where listings are taking a bit longer to sell.
story continues below
loading...story continues above
American University Park, an upper NW DC neighborhood where homes sell in the blink of an eye, is seeing listings move at the quickest pace, spending just a day on the market. In other neighborhoods, like Shepherd Park along 16th Street as well as Chevy Chase DC, homes are selling in a week or less, on median.
While we are still only a couple months into the year, homes are spending a bit longer on the market in places like Georgetown and Capitol Hill. The median days on market statistic is two to three weeks for these neighborhoods, but that is much lower than at this time last year.
Photo courtesy of HomeVisit.
This article originally published at https://dc.urbanturf.com/articles/blog/how_fast_are_homes_selling_in_dc/22089.
Most Popular... This Week • Last 30 Days • Ever
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
If there was ever a place where the old adage “one man’s trash is another man’s... read »
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
- Tile, Furniture, Appliances & (Much) More -- The Local Warehouse Chock Full of Salvaged Home Goods
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