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The DC Neighborhood Where There Are Almost No Homes on the Market

  • July 24th 2023

by UrbanTurf Staff

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A home in Crestwood. 

UrbanTurf continues its annual look at the neighborhood housing markets around the DC region as we head over to Crestwood.

Crestwood is a hidden neighborhood by DC standards, tucked away north of Mount Pleasant between Rock Creek Park and 16th Street. The hidden nature of Crestwood, along with the fact that homes don't come on the market very often, combines for a situation where there are no homes on the market currently. Another reason for the lack of homes for sale could be that properties that sold in the neighborhood this year were snapped up fairly quickly. 

Below UrbanTurf plucked out a few other interesting stats about the Crestwood market.

  • $1.4 million -- The median home price in Crestwood in 2023, up 8% from last year. 
  • 13 -- The number of homes sold this year, up 60% compared to 2022. 
  • 98.4% -- The average sales price to original list price ratio in 2023, down 3% from last year.
  • 5 -- How long homes spent on the market in June. 

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Photo courtesy of Andrew Sosnovskij.

See other articles related to: crestwood, crestwood home prices, crestwood housing market

This article originally published at https://dc.urbanturf.com/articles/blog/the_dc_neighborhood_where_there_are_almost_no_homes_on_the_market/21290.

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