Home | Newsletter | Advertise
loading...

The 5 DC Neighborhoods Where You Are Paying Above Asking in 2020

  • July 1st 2020

by UrbanTurf Staff

A home that sold for above asking on Capitol Hill.

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.

DC's above asking neighborhoods. Click to enlarge.

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.

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