What's Hot: Douglas Development Files PUD For Large Warehouse At New City Site Along New York Avenue
The Land of the $2 Million Home: A Look at the Spring Valley Market
✉️ Want to forward this article? Click here.
![](https://assets.urbanturf.com/dc/images/blog/2019/03/4837-tilden.jpg)
With the spring housing market in full swing, UrbanTurf is taking its annual look at the neighborhood markets around the DC region. Today, we head over to Spring Valley.
Spring Valley is tucked away off Massachusetts Avenue near American University and is known for having some of the pricer homes for sale in the District. With a median price eclipsing $2 million, this year is no different. As the statistics below reveal, not only are homes expensive in Spring Valley, but they are large; the vast majority of homes sold this year had four or more bedrooms. Lastly, while sales are not usually very brisk in an area with prices this high, more than 40 percent of the homes sold this year did so within ten days of being listed.
story continues below
loading...story continues above
- $2,049,500 -- The median price for homes sold in 2019, up 32 percent compared to last year.
- $2,179,667 -- The average list price of homes sold in 2019, up 19 percent compared to last year.
- 42% -- The percentage of homes that sold in ten days or less this year.
- 92% -- The percentage of homes sold this year that had 4+ bedrooms.
- 4 -- The months of supply of homes on the market in the first quarter of 2019.
Similar Posts:
- High Home Prices, Higher Demand on Capitol Hill
- Pricey, But Competitive: The Chevy Chase DC Housing Market, By the Numbers
- Is AU Park DC's Most Competitive Housing Market?
- Calmer Than Most: A Look at the H Street Corridor Housing Market
See other articles related to: spring valley, spring valley housing prices
This article originally published at https://dc.urbanturf.com/articles/blog/the-land-of-the-2-million-home-a-look-at-the-spring-valley-market/15482.
Most Popular... This Week • Last 30 Days • Ever
![First-Timer Primer: Tax Relief for DC Homeowners](https://assets.urbanturf.com/dc/images/blog/2013/02/Homestead_Exemption_280.jpg)
When you buy a home in the District, you will have to pay property taxes along with y... read »
![A 127-Unit Luxury Condo Building In The Works For Downtown DC](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/950%203rd%20Street%20Dusk%20EXT_image_560x420.jpg)
The largest condominium building in downtown DC in recent memory is currently under c... read »
![HPO Recommends Approval For 160-Unit Office-To-Residential Conversion in Dupont Circle](https://assets.urbanturf.com/dc/images/blog/2024/06/resized/1201-Conn_image_560x420.jpg)
The plan to convert a Dupont Circle office building into a residential development ap... read »
![Beautifully Constructed Condominium in The Bridge District is Now 50% Sold](https://assets.urbanturf.com/dc/images/blog/2024/07/Riviere%20article/resized/2305%20Nicholson%20St%20SE%20405-0003_image_560x420.jpg)
The Rivière includes just 20 homes located on the eastern banks of the Anacostia Riv... read »
![Monday's Must Reads](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/bubble_image_560x420.jpg)
Why Tyra Banks is serving ice cream in DC; a bike shop/record store opens in Adams Mo... read »
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