What's Hot: Washington Spirit Owner Michele Kang Lists DC Home for $14.5 Million | The Smallest Home on the Market in DC
The 7 DC Neighborhoods Where Homes Are Selling in a Week or Less
A Chevy Chase DC home that sold in four days.
Despite high prices, there are several neighborhoods in DC where homes continue to sell at a very quick pace.
Looking at data from legal subdivisions around the city, UrbanTurf used the metric for median days on market in 2017 to see which neighborhoods are moving the fastest.
There are now 7 neighborhoods in the city where homes are selling in a week or less:
The neighborhoods where homes are selling the fastest in DC are the Northwest neighborhoods of Chevy Chase, Crestwood and North Cleveland Park, where homes have been selling in under a week, on median, for all of 2017. All three areas have seen sales pace quicken since last year. Rounding out the list where homes are selling in a week are: AU Park, Glover Park, Mount Pleasant and Brightwood.
story continues belowloading...
story continues above
The fastest moving markets in DC are also some of the most competitive. In AU Park, North Cleveland Park and Chevy Chase, the average sales price to original list price ratio is above 102% for 2017, a sign that homes in these areas are not only selling quickly, but also for above list price.
The statistics used for this article are courtesy of ShowingTime RBI based on listing activity from MRIS.
This article originally published at https://dc.urbanturf.com/articles/blog/the_7_dc_neighborhoods_where_homes_are_selling_in_a_week_or_less/12951.
Most Popular... This Week • Last 30 Days • Ever
Our guide for amateur landlords who don't really know what they're doing.... read »
Whole Foods announced yesterday that the 47,000 square foot store will open on June 2... read »
The Massachusetts Avenue Heights home was previously owned by the former chief execut... read »
A large new apartment and townhouse project has been pitched for the growing pipeline... read »
With Dan and Tanya Snyder moving out of River View, the region may soon have a very e... read »
Virginia's homebuyer assistance programs can seem complex. This edition of First-Time... read »
The residential projects that have sprouted up on the Maryland and DC sides of the Fr... read »
With a groundbreaking ceremony on Wednesday, the redevelopment of the Georgetown Wes... read »
The 23,600 square-foot mansion just hit the market, and would set a record if it fetc... read »
The immaculately kept 100-year-old house features six bedrooms and four-and-a-half ba... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
- The Essential Guide to Being an Amateur Landlord in DC
- Whole Foods at Walter Reed to Open at End of June
- Washington Spirit Owner Michele Kang Lists DC Home for $14.5 Million
- A Two-Phase, 370-Unit Development Pitched For Columbia Pike Gas Station Site
- Will This Be the Most Expensive Home on the Market in the DC Area?
- First-Timer Primer: Virginia's Home Buyer Assistance Programs
- Mall Conversions, Trader Joes? The 1,500 Units in the Friendship Heights Pipeline
- The Four Seasons Private Residences in Georgetown Break Ground
- DC's Blaine Mansion Lists For $30 Million, A Potentially Record-Setting Price in the City
- Now Selling: A 16th Street Heights Victorian on an Island of Its Own
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. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro