What's Hot: Douglas Development Files PUD For Large Warehouse At New City Site Along New York Avenue
One in Four DC Homes Listed For Above $1 Million
✉️ Want to forward this article? Click here.
![](https://assets.urbanturf.com/dc/images/blog/2019/01/2328-CHAMP-551.jpg)
One in four DC homes on the market carried a seven-figure price tag at the end of 2018, an analysis by UrbanTurf found.
In the fourth quarter, 24.5 percent of the homes on the market were priced above $1 million. In April 2018, 28 percent of listings were priced above $1 million.
story continues below
loading...story continues above
Specifically, 282 of the 1,152 homes on the market in DC in the fourth quarter carried a seven-figure price tag. In certain DC neighborhoods, the volume of million-dollar listings was much higher. For example, in Georgetown, 82 percent of active listings were listed for over $1 million; in Chevy Chase, 50 percent of the listings came in above $1 million. In Spring Valley, every home on the market for the entire year was listed for $1 million or more.
Given how many times a million-dollar asking price flashes across the headline of an UrbanTurf article, the news in this article shouldn't come as much of a surprise. However, to put the high volume of homes listed above $1 million in a little bit of historical perspective, consider this: In March 2011, just 11 percent of active listings on the market were listed for above $1 million, and in March 2008, a mere 8 percent were in the seven-figure range.
Photo courtesy of HomeVisit.
See other articles related to: luxury real estate dc, million-dollar homes dc
This article originally published at https://dc.urbanturf.com/articles/blog/one-in-four-dc-homes-listed-for-above-1-million/14925.
Most Popular... This Week • Last 30 Days • Ever
![First-Timer Primer: Tax Relief for DC Homeowners](https://assets.urbanturf.com/dc/images/blog/2013/02/Homestead_Exemption_280.jpg)
When you buy a home in the District, you will have to pay property taxes along with y... read »
![A 127-Unit Luxury Condo Building In The Works For Downtown DC](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/950%203rd%20Street%20Dusk%20EXT_image_560x420.jpg)
The largest condominium building in downtown DC in recent memory is currently under c... read »
![HPO Recommends Approval For 160-Unit Office-To-Residential Conversion in Dupont Circle](https://assets.urbanturf.com/dc/images/blog/2024/06/resized/1201-Conn_image_560x420.jpg)
The plan to convert a Dupont Circle office building into a residential development ap... read »
![Beautifully Constructed Condominium in The Bridge District is Now 50% Sold](https://assets.urbanturf.com/dc/images/blog/2024/07/Riviere%20article/resized/2305%20Nicholson%20St%20SE%20405-0003_image_560x420.jpg)
The Rivière includes just 20 homes located on the eastern banks of the Anacostia Riv... read »
![Monday's Must Reads](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/bubble_image_560x420.jpg)
Why Tyra Banks is serving ice cream in DC; a bike shop/record store opens in Adams Mo... 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