The Ten DC Neighborhoods Where Homes Are Selling Fastest in 2016
An AU Park home that found a buyer in five days in April.
A good metric for determining the most competitive housing markets in DC is to look at where homes are selling the fastest. Today, UrbanTurf decided to take a look.
Looking at data from advertised and legal subdivisions around the city, we used the metric for median days on market in 2016 to see which local markets are moving the fastest.
story continues below
loading...story continues above
Here are the ten neighborhoods where homes are selling the fastest this year:
Leading the way are AU Park, Logan Circle, Capitol Hill and Brookland, four neighborhoods where homes are selling faster in 2016 than last year. In Mount Pleasant, North Cleveland Park and Eckington, homes are selling a bit slower.
The biggest mover of 2016 is Brightwood. Last year around this time, homes in the NW neighborhood were selling on median in 32 days; this year, the median has dropped to twelve days. Three neighborhoods dropped out of the top ten this year: Adams Morgan, Bloomingdale and Kalorama.
The statistics used for this article are courtesy of ShowingTime RBI based on listing activity from MRIS.
See other articles related to: dc home and condo prices, dc home prices, dc home sales, dc housing prices
This article originally published at https://dc.urbanturf.com/articles/blog/the_ten_dc_neighborhoods_where_homes_are_selling_fastest_in_2016/11320.
Most Popular... This Week • Last 30 Days • Ever
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
If there was ever a place where the old adage “one man’s trash is another man’s... read »
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
- Tile, Furniture, Appliances & (Much) More -- The Local Warehouse Chock Full of Salvaged Home Goods
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