Home | Newsletter | Advertise
loading...

Mount Pleasant Remains One of DC’s Most In-Demand Housing Markets

  • June 24, 2019

by UrbanTurf Staff

A home that sold last month in Mount Pleasant.

With the early summer housing market underway, UrbanTurf is taking its annual look at the neighborhood markets around the DC region. Today, we head over to Mount Pleasant.

For years, Mount Pleasant has been one of DC's in-demand housing markets and that remains the case in 2019. Despite rising home prices, sales volume is up nine percent in the neighborhood compared to last year and the contract ratio was regularly above 1.0 for the first half of 2019, an indication that there is a healthy pool of buyers looking for homes. With just over a month's supply of homes on the market, competition will likely continue for the foreseeable future in Mount Pleasant. 

  • $680,000 -- The median price for homes sold in 2019 in Mount Pleasant, up 14 percent from 2018.
  • $1.278 million -- The average sales price for a rowhouse with 4+ bedrooms, up 10 percent from 2018.
  • 45% -- The percentage of homes that sold in ten days or less this year. 
  • 100.3% -- The median sales price to original list price ratio in May. 
  • 1.14 -- The months of supply of homes on the market in May. 

Similar Posts:

See other articles related to: mount pleasant home prices, mount pleasant

This article originally published at http://dc.urbanturf.com/articles/blog/mount-pleasant-remains-one-of-dcs-most-in-demand-articles/15577

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

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse