What's Hot: Barnes and Noble Will Return to Georgetown in June | The 3,000 Units On The Boards From Trinidad to Gallaudet
The 5 DC-Area Zip Codes Shifting in Favor of Home Buyers
On Friday, UrbanTurf will have a feature that takes the temperature of the spring housing market in DC. Today, we are getting a sense as to which areas in the region are moving back in favor of homebuyers.
A new report from Trulia released today looks at zip codes across the country to determine which areas are shifting in favor home sellers and which are shifting in favor of buyers. Trulia looked at metrics including the share of listings with at least one price cut, the monthly median days on market, and the sales-to-list price ratio as well as other housing-related data to determine their conclusions.
story continues below
loading...story continues above
The report reveals that the DC area overall is shifting slightly in favor of homebuyers. However, it found that 45 percent of the zip codes within the region are shifting in favor of buyers.
UrbanTurf plucked out the five zip codes in the area that are at the top of the list.
Except for one zip code in the table above, the areas moving towards a buyer's market in the region are also some of the area's priciest. Leading the way are the zip codes that encompass McLean, Virginia and DC's West End. Following those two are the zip code that includes Chevy Chase, MD and the southern section of Bethesda. Rounding out the list is the DC zip code that includes neighborhoods like Petworth and Crestwood, and the zip code that encompasses portions of Burleith, Glover Park, Foxhall, Georgetown and Massachusetts Avenue Heights.
This article originally published at https://dc.urbanturf.com/articles/blog/the-5-dc-area-zip-codes-shifting-in-favor-of-home-buyers/15282.
Most Popular... This Week • Last 30 Days • Ever
Rossdhu Gate is the remaining piece of a 30-room castle built by socialite Daisy Calh... read »
A Home Equity Line of Credit, commonly referred to as HELOC, is a borrowing product t... read »
Georgetown Metropolitan reported on Tuesday that the Instagram account for the nation... read »
The Gen Z market; ranking food halls around DC; and is this the new king of Queens?... read »
The term "luxury" has been applied broadly in the housing market, but a new report ai... 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