The 5 DC Neighborhoods Where You Are Paying Above Asking in 2020
So far in 2020, homes in the five DC neighborhoods below have been selling at or above their asking price, on average. Neighborhood sales were calculated according to the advertised subdivision, and for inclusion on the list, there had to be at least ten sales this year.
story continues below
loading...story continues above
In recent years, the list above featured a regular cast of characters from both sides of the city. In 2020, four out of five neighborhoods are located in the NW quadrant and three are clumped right around one another.
As is becoming custom, American University Park is leading the way with an average sales to original list price ratio of almost 103%. Running north to south, the U Street Corridor, Logan Circle and Mount Vernon Square follow behind with average sales to original list price ratios just above 100%, with a large volume of condos sold this year. Capitol Hill rounds out the top five at 100%.
Photo courtesy of HomeVisit.
This article originally published at https://dc.urbanturf.com/articles/blog/the-5-dc-neighborhoods-where-you-are-paying-above-asking-in-2020/17019.
Most Popular... This Week • Last 30 Days • Ever
Back in 2022, the DC Zoning Commission gave the green light to a large mixed-use deve... read »
Opening for sales this spring, The Brownstones at Westbard Square will feature 101 ne... read »
Donohoe presented plans on Thursday evening for a new multi-family residential projec... read »
Even with two large apartment buildings delivering in Northern Virginia's National L... read »
The main story for the DC region's housing market in February was the supply of homes... read »
- Raze Application Looks To Pave Way For 700-Unit Development in Brookland
- Coming Soon: New EYA Brownstones at Westbard Square in Bethesda
- Early Plans Unveiled For 130-Unit Development in Friendship Heights
- 3 Down, 7 To Go: A Look At The Thousands of Units Coming to National Landing
- The Return of Supply And Four Other Interesting Stats From The February Housing Market
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