What's Hot: Barnes and Noble Will Return to Georgetown in June | The 3,000 Units On The Boards From Trinidad to Gallaudet
The DC Neighborhoods With The Best Price Appreciation in 2016
A home that sold in Colonial Village earlier this year.
As summer winds down and the seasonal housing market comes to an end, 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 eight neighborhoods in the city that saw the largest home price appreciation in 2016. In order to qualify for the list, a neighborhood had to record at least 20 sales this year. UrbanTurf used legal subdivision statistics from RealEstate Business Intelligence to compile the list.
story continues below
loading...story continues above
The two neighborhoods leading the way are on opposite sides of the city. Marshall Heights, a neighborhood to the southeast of the Benning Road Metro station, saw a 50 percent increase in prices between 2015 and 2016. Coming in second is Colonial Village, an area abutting Chevy Chase DC, where prices rose 29 percent year-over-year. Rounding out the top five are Spring Valley, Kent, a small Northwest DC neighborhood adjacent to Palisades, and Deanwood.
For comparison purposes, here are the neighborhoods with the highest price appreciation between 2014 and 2015:
This article originally published at https://dc.urbanturf.com/articles/blog/the_dc_neighborhoods_with_the_best_price_appreciation_in_2016/11559.
Most Popular... This Week • Last 30 Days • Ever
Rossdhu Gate is the remaining piece of a 30-room castle built by socialite Daisy Calh... read »
A Home Equity Line of Credit, commonly referred to as HELOC, is a borrowing product t... read »
Georgetown Metropolitan reported on Tuesday that the Instagram account for the nation... read »
The Gen Z market; ranking food halls around DC; and is this the new king of Queens?... read »
The term "luxury" has been applied broadly in the housing market, but a new report ai... 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