Home | Newsletter | Advertise
loading...

A Very Robust Start to 2020: The Crystal City Housing Market, By the Numbers

  • May 18th 2020

by UrbanTurf Staff

A home for sale in 22202. 

With the spring housing market underway, UrbanTurf is taking its annual look at the neighborhood markets around the DC region. Today, we head over to the zip code that encompasses Crystal City and Pentagon City in Northern Virginia.

The 22202 zip code, which will eventually be home to Amazon's second headquarters, was a very robust housing market in the first four months of the year. Both total dollar volume and sales volume shot up compared to 2019, despite home prices in the zip code rising 14% year-over-year. Combined with the COVID-19 pandemic, the jump in sales resulted in a very low supply of homes for sale. 

Below are some statistics that UrbanTurf compiled about the 22202 market.

  • $41 million -- The total dollar volume of homes sold in 2020, a 46% increase compared to 2019.
  • 58 -- The number of homes sold so far in 2020, a 32% increase compared to 2019. 
  • $654,500 -- The median sales price for a home in 22202, a 14% increase over 2019.
  • 57% -- The percentage of homes that sold in ten days or less in 2020.
  • 1.4 -- The months of supply of homes for sale in the first quarter of 2020. 

Similar Posts: 

See other articles related to: 22202, crystal city housing market, crystal city virginia

This article originally published at https://dc.urbanturf.com/articles/blog/the-crystal-city-housing-market-by-the-numbers/16849.

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