Neighborhood by Neighborhood: DC Home Sales Analysis

by Mark Wellborn

Our go-to guy for local real estate analysis Keith Gibbons of DCHousingPrices has compiled some very helpful neighborhood home buying statistics for DC proper. While the analysis is from back in June, Keith’s work is still a great resource for any prospective home buyer that is unsure of what neighborhood they can afford in DC. Below is the chart from DC Housing Prices as well as some highlights that we picked out from Keith’s comprehensive work.

  • The top neighborhoods for sales in June were Old City I and II with 224 total transactions. (We believe these neighborhood designations include parts of Adams Morgan, Dupont Circle and Adams Morgan.) Columbia Heights (51 sales) and Chevy Chase (29 sales) rounded out the top three.
  • The neighborhood with the highest average price for home sales in June ($1.6 million) was the small area of Kent tucked away in The Palisades. In our opinion, home buyers got the most bang for their buck in Petworth where the average sales price was just $270,000.
  • Biggest Surprise: There were twelve sales in Cleveland Park, a rather upscale neighborhood by DC standards where single-family homes can sell for well over $1 million, but the average price for the properties that sold was just $488,000.

See other articles related to: dclofts

This article originally published at https://dc.urbanturf.com/articles/blog/neighborhood_by_neighborhood_dc_home_sales_analysis/1308


  1. maria said at 12:05 pm on Monday September 14, 2009:

    Extremely helpful! I think the average price of $537,000 in Forest Hills is also interesting giving the fact that it is a neighborhood like Kent that caters to high-income individuals.

  1. mike said at 12:29 pm on Monday September 14, 2009:

    i assume that it’s lower priced condos that bring down the average in cleveland park.  this can’t be just houses because even then petworth would probably have an average price higher than 270.

  1. Tom A. said at 3:23 pm on Monday September 14, 2009:

    Interesting.  Do you know where he puts Kingman Park/ Stadium-Armory/ Cap Hill east?

  1. Keith said at 3:44 pm on Monday September 14, 2009:

    Yeah, only three sales in Cleveland Park exceeded $500K that month and they were homes. The remainder of the sales were condos, four of which sold for less than $260K.

  1. Roger said at 10:50 am on Tuesday September 15, 2009:

    Thanks for the great information. Looking at MRIS, Old City #1 contains some SW addresses, but mainly SE and NE addresses, incl. Trinidad and Capitol Hill, extending out to the Anacostia. Old City #2 mainly contains close-in NW (east of Rock Creek) addresses, incl. Adams Morgan, Dupont, U Street, Convention Center, etc.).

  1. Boris said at 10:27 pm on Tuesday September 15, 2009:

    Thanks for compiling the info. I think you are missing some areas, for one the SHAW is not included in this. Could you revisit and add this as well?

  1. Jeffrey Ragan said at 10:09 am on Friday September 18, 2009:


    Nice post. I hope more first time home buyers jump in and buy before the tax credit expires.


    Jeffrey Ragan

Comments are closed.

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