UrbanTurf is taking its annual look at the neighborhood housing markets around the DC region. Today, we head over to Bloomingdale.
Bloomingdale has felt the effects of the pandemic a bit more than other neighborhoods in DC as both home prices and home sales are down this year compared to 2019. The drop in sales has resulted in the inventory of homes for sale rising above the three-month mark for the first time in a year. In contrast to the rest of the region, homes are also taking a bit longer to sell this year compared to last.
Below UrbanTurf plucked out several other interesting stats about the Bloomingdale market.
- $882,500 -- The median home price in Bloomingdale, down 3% compared to 2019.
- 54 -- The number of homes sold in the neighborhood this year, down 18% compared to last year.
- 26 -- The average number of days that homes are spending on the market, up 30% compared to 2019.
- 3.83 -- The months of supply of active listings in July, up 187% compared to last July.
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This article originally published at https://dc.urbanturf.com/articles/blog/the-bloomingdale-housing-market-by-the-numbers/17293.
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