A new report out today from ATTOM Data Solutions states that home sellers in the U.S. saw a 36 percent return on investment in the second quarter of the year. In parts of DC, it was much higher
UrbanTurf dug into the data for the city to find the zip codes where home sellers saw the highest profit in the second quarter.
20018, the zip code that runs along the eastern edge of the District and includes neighborhoods like Woodridge, Langdon and Brentwood, saw the highest profits. Sellers realized an average gain of $268,813, representing an average 71 percent return on a home's purchase price.
Coming in second was the zip code of 20016, which borders the city's western boundary and includes neighborhoods like AU Park, Palisades, Spring Valley and Tenleytown. Home sellers realized profits of 70 percent and the zip code saw the highest average price gain in the city with $535,000.
The zip codes of 20019, 20032 and 20012 rounded out the areas that saw the highest profits last quarter.
- The Strength of the DC Area Housing Market, By the Numbers
- $373,000 or Less: DC's Five Cheapest Housing Markets
This article originally published at https://dc.urbanturf.com/articles/blog/the-5-dc-zip-codes-where-home-sellers-have-profited-the-most-in-2020/17102.
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