The Year of Above Asking
✉️ Want to forward this article? Click here.

A significant number of homes sold for above asking price in DC last year.
Approximately 34% of homes sold in the city fetched more than their asking price, based on data provided to UrbanTurf by Bright MLS. This is the same proportion of homes to sell for above list in 2021, and up from 30% of homes selling at a premium in 2020, and just 10% in 2019.
Of the neighborhoods with more than 30 sales, AU Park (58%), Michigan Park (57%) and Chevy Chase DC (55%) led the way in terms of the places with the highest volume of homes selling at a premium, and thus were likely some of the city's most competitive markets.
story continues below
loading...story continues above
There were several other neighborhoods with at least 30 sales where more than 50% of homes sold went for above asking, including Takoma (53%), Shepherd Park (53%), and North Cleveland Park (52%).
See other articles related to: above asking, above asking neighborhoods in dc
This article originally published at https://dc.urbanturf.com/articles/blog/the_year_of_above_asking/20641.
Most Popular... This Week • Last 30 Days • Ever

A Home Equity Line of Credit, commonly referred to as HELOC, is a borrowing product t... read »

Back in 2023, Aria Development Group acquired a commercial building in Ballston with ... read »

The winning team includes Northern Real Estate Urban Ventures and the Nix Development... read »

Home Depot's $20 billion secret garden; Buzzard Point development site hits market; a... read »

A new development team is looking to take over the project and move it forward.... 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