Home | Newsletter | Advertise
loading...

The 10 DC Neighborhoods Where Homes Are Selling Fastest

  • September 28, 2020

by UrbanTurf Staff

A home that sold earlier this year in Shepherd Park.

Homes are selling faster than ever in the DC market and today UrbanTurf looks at exactly where they are selling the quickest.  

Using median days on market data for advertised subdivisions around DC, we highlighted where homes have been selling the fastest in 2020. In the current high demand market, homes are selling in a week or less in ten neighborhoods across the city. 

Click to enlarge.

Leading the way so far in 2020 are many of DC's "Parks": American University Park, North Cleveland Park, Woodley Park and Shepherd Park. In these neighborhoods, as well as Takoma, homes are selling on median in six days. Home prices in these neighborhoods have also risen at least 10 percent, year-over-year.

There are five more neighborhoods in the city, ranging from Chevy Chase to Mount Pleasant, where homes are selling on median in a week. Every neighborhood in the table above also has an average sales-to-original list price ratio in excess of 99.5 percent which means that homes are not only selling fast, but at or above list price. 

This article originally published at https://dc.urbanturf.com/articles/blog/the-10-dc-neighborhoods-where-homes-are-selling-fastest/17341

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