Home | Newsletter | Advertise
loading...

The DC-Area Neighborhoods Where 40% of Homes Sold For Above Asking

  • February 6th 2020

by UrbanTurf Staff

A home in Chevy Chase that sold for above asking.

Above Asking is a regular UrbanTurf feature where we highlight homes that ended up selling for above listing price. Today, we take a look back at 2019 to see the neighborhoods in the region where homes regularly sold for more than their original price.

Using data provided by Bright MLS, we combed through neighborhoods to find the areas where more than 40 percent of homes sold at a premium. 

Click to enlarge.

The upper NW neighborhoods of AU Park and Chevy Chase led the way with more than 50 percent of homes selling for above asking. The Alexandria neighborhood of Del Ray came in third with 46 percent of listings selling at a premium (perhaps an Amazon effect, of sorts). North Cleveland Park and Mount Pleasant round out the top five. 

There were several other neighborhoods where more than 30 percent of homes sold went for above asking, including Anacostia (37%), Deanwood (33%) and Capitol Hill (32%). For DC proper, approximately 10 percent of the homes sold last year went for above listing price. 

This article originally published at https://dc.urbanturf.com/articles/blog/the-dc-area-neighborhoods-where-40-of-homes-sold-for-above-asking/16426.

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