The 5 DC Neighborhoods Where You Aren't The Only Person Bidding on a Home
✉️ Want to forward this article? Click here.

The competition in the DC housing market cooled over the summer, but with fall around the corner and inventory low, it is primed to pick back up. UrbanTurf decided to look at one of our favorite metrics regarding competition in the market to see the neighborhoods where homes for sale are attracting numerous bidders.
story continues below
loading...story continues above
For this article, UrbanTurf analyzed the contract ratio for advertised subdivisions in DC. Contract ratio compares the total number of homes under contract in a given period to the overall number of active listings. A higher ratio signifies an increase in contracts compared to supply.
Leading the way in the second quarter of this year is American University Park where the contract ratio in the second quarter was 240 percent. Contributing to this high ratio is a mere three-week supply of homes on the market. Anacostia comes in behind AU Park with a contract ratio of 1.7, but a supply of homes for sale in excess of two months. Other neighborhoods receiving one or more contracts per listing include Chevy Chase DC, Congress Heights and North Cleveland Park.
This article originally published at https://dc.urbanturf.com/articles/blog/the-5-dc-neighborhoods-where-you-arent-the-only-person-bidding-on-a-home/15814.
Most Popular... This Week • Last 30 Days • Ever

A Home Equity Line of Credit, commonly referred to as HELOC, is a borrowing product t... read »

Back in 2023, Aria Development Group acquired a commercial building in Ballston with ... read »

The winning team includes Northern Real Estate Urban Ventures and the Nix Development... read »

Home Depot's $20 billion secret garden; Buzzard Point development site hits market; a... read »

A new development team is looking to take over the project and move it forward.... 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