Courtesy of District Measured.
UrbanTurf regularly reports on housing prices in DC from a variety of angles, however the data we have access to only goes back to 2009.
So, we were very interested in District Measured’s latest post, which summarizes the dramatic rise in single-family home prices over the last 15 years in DC’s central corridor.
“We found that the neighborhoods in the city’s central corridor between Rock Creek Park and the Anacostia River have seen the biggest percent increase in home prices since 2001,” the post authored by Ginger Moored and Peter Johannson stated. “In Trinidad, LeDroit Park, and Columbia Heights, the median sales price for a single family home has more than tripled since 2001.”
In contrast, the post finds that in neighborhoods east of the Anacostia River and in some higher priced neighborhoods west of Rock Creek Park, home prices are higher than they were in 2001, but have not recovered from the dip in the mid-2000s. (It is important to note that this analysis does not include condo and co-op prices.)
We highly recommend diving into the data analysis in the District Measured post here.
This article originally published at http://dc.urbanturf.com/articles/blog/the_stratospheric_rise_of_home_prices_in_dcs_central_corridor_since_2001/10680
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