Home | Newsletter | Advertise
loading...

The 5 DC Neighborhoods With Less Than a Month's Supply of Homes For Sale

  • May 28th 2020

by UrbanTurf Staff

A home that sold in Colonial Village.

The spring housing market in DC this year is characterized by scarcity, specifically the short supply of homes for sale. 

To provide a sense of where the inventory shortage could be particularly acute, UrbanTurf did some digging to find the five neighborhoods in DC where the inventory of homes for sale hovered around a month or less in April. 

The neighborhood with the lowest supply of homes for sale in April may also be the neighborhood that is least recognizable to readers. Colonial Village, which sits north of Rock Creek Park near the top of the DC diamond, had a 15-day supply of homes for sale on the market last month. What that means is that if no new listings hit the market, at current demand levels, the inventory of homes for sale would be zero in 15 days.

In AU Park and the U Street Corridor, the market shortage is almost as acute with a three-week supply of homes for sale. To put that in more tangible terms, there were just five homes for sale in AU Park last month. Rounding out the five neighborhoods are Spring Valley and Takoma, which each have a month's supply of homes for sale. 

Similar Posts:

This article originally published at https://dc.urbanturf.com/articles/blog/the-5-dc-neighborhoods-with-less-than-a-months-supply-of-homes-for-sale/16882.

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

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