Today, UrbanTurf is taking its bi-annual look at the neighborhoods across the city that have seen the highest price appreciation this year.
In the table below, we outline the six neighborhoods in the city that have seen the largest increase in home values so far in 2018. In order to qualify for the list, a neighborhood had to record at least 15 sales this year. UrbanTurf used legal subdivision statistics from Bright MLS to compile the list.
Much like last year, the two neighborhoods leading the way are on opposite sides of the city. Trinidad saw a 33 percent increase in prices between 2017 and 2018 while Forest Hills, an upper Northwest neighborhood along Connecticut Avenue NW, has seen prices rise 23 percent. Rounding out the top six are Anacostia, Eckington, Michigan Park and Kalorama.
For comparison purposes, here are the neighborhoods with the highest price appreciation between 2017 and 2018 at this point last year:
Correction -- An earlier version of the first table in this article had the statistics for Trinidad reversed.
This article originally published at https://dc.urbanturf.com/articles/blog/the-dc-neighborhoods-with-the-best-price-appreciation-in-2018/14122.
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