A home for sale in Crestwood.
As the middle of the summer housing market approaches, 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 six neighborhoods in the city that have seen the largest increase in home values so far in 2017. 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.
The two neighborhoods leading the way are on opposite sides of the city’s northwest quadrant. Glover Park saw a 46 percent increase in prices between 2016 and 2017 while Crestwood, a neighborhood along 16th Street NW, has seen prices rise 41%. Rounding out the top five are LeDroit Park, Hillcrest and Adams Morgan.
For comparison purposes, here are the neighborhoods with the highest price appreciation between 2015 and 2016:
This article originally published at https://dc.urbanturf.com/articles/blog/the_dc_neighborhoods_with_the_best_price_appreciation_in_2017/12765.
Most Popular... This Week • Last 30 Days • Ever
While homeowners must typically appeal by April 1st, new owners can also appeal.... read »
Plans for a large new residential project above the Ellsworth Place mall in the middl... read »
A year ago, UrbanTurf reported on plans for a grocery store that was looking to open ... read »
With news this week that the Lerner family will not be selling DC's baseball team, it... read »
Today, UrbanTurf is taking a look around DC to see where home sellers are reducing pr... 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!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro