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The Ten DC Zip Codes Where Homes are Selling the Fastest

  • July 14, 2014

by Lark Turner

The Ten DC Zip Codes Where Homes are Selling the Fastest: Figure 1
A home on Capitol Hill that sold in six days.

Though the city’s housing market isn’t quite as hot as last year, the difference is slight. Low inventory continues to make DC a seller’s market, and that means properties in the most desirable zip codes continue to sell quickly.

To gauge the neighborhoods where homes are selling the fastest, we used RealEstate Business Intelligence’s new SmartCharts tool to take a look at neighborhood-level data that shows how long homes spent on the market in a given zip code. We used a median days on market measure to exclude major anomalies.

Unlike last year, no zip codes broke the less-than-a-week mark, but four came close:

The Ten DC Zip Codes Where Homes are Selling the Fastest: Figure 2
Affiliated neighborhoods are not exhaustive.

20005, 20010, 20015 and 20036 tied as places where homes were selling in a median of eight days.

Some of the same zip codes made both this year and last year’s list. (Last year’s list can be found here.) Seven of the hottest zip codes from last year made the list again, albeit in a different order; the overlap includes 20002, 20003, 20010, 20015, 20001, 20036 and 20009.

Last year, zip codes including parts of Anacostia (20020), Shepherd Park (20012) and Petworth (20011) made the list; this year, they didn’t. But parts of Southwest Waterfront (20024), Catholic University (20017), Dupont and Adams Morgan (20009) and Shaw (20001) replaced them.

See other articles related to: housing market trends, housing market, days on market

This article originally published at http://dc.urbanturf.com/articles/blog/the_top_10_dc_zip_codes_where_homes_are_selling_the_fastest/8731

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