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Up, Up and Away: The Congress Heights Housing Market, By the Numbers
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UrbanTurf continues its annual look at the neighborhood housing markets around the DC region as we head over to Congress Heights.
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This year is just as busy as 2020 for the Ward 8 neighborhood when it comes to home sales, with one big difference: home prices are much higher. Prices in the neighborhood are up 26% across the board this year, with three-bedroom townhouses leading the way. The other thing that has changed in 2021 is that there is a lot more inventory for homebuyers to choose from. A year ago, there was a month's supply of homes on the market; last quarter, there was an almost three-month supply.
Below UrbanTurf plucked out several other interesting stats about the Congress Heights market.
- $422,500 -- The median home price in Congress Heights this year.
- 117-- The number of homes sold this year, down 2% compared to 2020.
- 41% -- The number of homes that sold in ten days or less this year.
- 98.9% -- The average sales price to original list price ratio in Congress Heights.
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See other articles related to: congress heights, congress heights housing market
This article originally published at https://dc.urbanturf.com/articles/blog/up-up-and-away-the-congress-heights-housing-market-by-the-numbers/18834.
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