The 7 DC Neighborhoods Where You Aren't The Only Person Bidding on a Home
✉️ Want to forward this article? Click here.

Today, UrbanTurf is examining one of our favorite metrics regarding competition in the housing market to find the DC neighborhoods where homes for sale are attracting numerous bidders.
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. For example, a ratio of 1.2 means there are 1.2 listings under contract for every listing that is active. For this article, UrbanTurf analyzed the contract ratio for advertised subdivisions in DC in February.
story continues below
loading...story continues above
Leading the way in February was Brentwood, the Northeast DC neighborhood adjacent to Ivy City, where the contract ratio came in at a notably high 4.5. Following behind in a distant second were Chevy Chase DC and AU Park with ratios between 2.5 and 3.0. Takoma and Fort Lincoln had contract ratios of 2.0, and rounding out the list were Petworth and Brookland.
In addition to contract ratio, the neighborhoods above stand out as competitive as they largely all have high sales to original list price ratios, an indication that homes are selling for above asking price on a regular basis.
See other articles related to: contract ratio
This article originally published at https://dc.urbanturf.com/articles/blog/the-7-dc-neighborhoods-where-you-arent-the-only-person-bidding-on-a-home/18112.
Most Popular... This Week • Last 30 Days • Ever

When you buy a home in the District, you will have to pay property taxes along with y... read »

In this article, UrbanTurf explores what renters insurance is and what it covers.... read »

The application filed with Montgomery County seeks to extend the validity of a plan t... read »

Even as the housing market has slowed this year in the DC region, there are still ple... read »

1834 16th Street NW was originally designed by one of the most influential architects... read »
- First-Timer Primer: Tax Relief for DC Homeowners
- What is Renter's Insurance?
- Are Plans For The Redevelopment of GEICO's Headquarters Inching Forward?
- 8 Days Or Less: The DC Neighborhoods Where Homes Are Selling Fastest
- A Gorgeous, Newly Renovated Victorian Hits the Market on the Avenue of the Presidents
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