North Cleveland Park: DC’s Million-Dollar, Above-Asking Neighborhood

UrbanTurf is taking its annual look at the neighborhood housing markets around the DC region. Today, we head over to North Cleveland Park.
This small northwest neighborhood has been one of DC's most active and competitive housing markets for several years. While home prices dipped this year, the market has all the calling cards of a competitive market including a low supply of homes for sale, a contract ratio above 1.0 and a high average sales price to original list price ratio.
Below, UrbanTurf plucked out a few more statistics about the neighborhood market.
story continues below
loading...story continues above
- $1.05 million -- The median sales price of a home in North Cleveland Park in 2019, down 6 percent compared to last year.
- 101% -- The average sales price to original list price ratio for homes in the neighborhood.
- 55 percent -- The percentage of homes that sold within the first ten days of being listed.
- 23 days -- The supply of homes for sale in June.
- 1.33 -- The contract ratio in June (the total number of homes under contract in a given period to the overall number of active listings).
Similar Posts:
- Even With Prices Up 24%, Home Buyers Still Flocking to Bloomingdale
- Mount Pleasant Remains One of DC's Most In-Demand Housing Markets
- High Home Prices, Higher Demand on Capitol Hill
- Pricey, But Competitive: The Chevy Chase DC Housing Market, By the Numbers
- Is AU Park DC's Most Competitive Housing Market?
- Calmer Than Most: A Look at the H Street Corridor Housing Market
- Takoma Remains a Fan Favorite of DC Homebuyers
See other articles related to: north cleveland park housing market, north cleveland park
This article originally published at http://dc.urbanturf.com/articles/blog/north-cleveland-park-dcs-million-dollar-above-asking-neighborhood/15717
Most Popular... This Week • Last 30 Days • Ever

When Johnsie Walsh rented a unit in her Stanton Park apartment building, she had no i... read »

The massive new development would sit on a triangular parking lot at First Street and... read »

The draft environmental impact statement for the transportation project expected to g... read »

An analysis by UrbanTurf found that there were 15 neighborhoods in DC where the media... read »

2020 was one of the best years on record for luxury home sales in the District. ... read »
- Obama, The Tenant: A Chat With The President's DC Landlord
- Douglas Development Pitches 557-Unit Development Across From Dave Thomas Circle
- 300 MPH, 18 Million Riders: How the Maglev Might Impact Traffic and Transit in the DC Area
- DC Has Its Most Million-Dollar Neighborhoods on Record
- $2 Million and Up: Luxury Home Sales in DC Rise 24% in 2020
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
Unique Spaces
Awesome and unusual real estate from across the DC Metro