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.
- Condos and Co-ops Bolster Cleveland Park Market
- Prices Up And Sales Follow Suit: The Palisades Housing Market, By the Numbers
- Fairly Balanced: The Logan Circle Market, By the Numbers
- Sales Down, Prices Flat: The Capitol Hill Housing Market, By the Numbers
Photo courtesy of Andrew Sosnovskij.
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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