Where Are Home Sellers Dropping Their Price in DC?
✉️ Want to forward this article? Click here.
Today, UrbanTurf is taking a look around DC to see where home sellers are dropping their prices.
With data provided by Bright MLS, we looked at neighborhoods with at least 10 homes on the market to see where prices are being cut.
![price-drop.jpg](https://assets.urbanturf.com/dc/images/blog/2024/02/price-drop.jpg)
In moderately priced areas on the east side of the city, like Brookland and Woodridge, about 30% of homes have dropped their prices in 2024, while in higher-priced areas, like 16th Street Heights and Georgetown, that number is in the 10% range. In Chevy Chase and American University Park, very few listings have seen price reductions.
story continues below
loading...story continues above
The percentage of listings with price reductions so far in 2024 is a bit higher than at this time last year. If you are curious about the percentage of homes that have seen price reductions in your neighborhood, shoot us an email at editor(at)urbanturf.com and we will give you the answer.
Thumbnail photo by Ted Eytan.
See other articles related to: dc housing market trends
This article originally published at https://dc.urbanturf.com/articles/blog/where_are_home_sellers_dropping_their_price_in_dc/21998.
Most Popular... This Week • Last 30 Days • Ever
![Buying with Friends: What You Should Know](https://assets.urbanturf.com/dc/images/blog/2010/05/home_value.jpg)
Here are some precautions to take before buying real estate with a buddy.... read »
![$10 Million McLean Home Of Former Nationals Star Stephen Strasburg Finds a Buyer](https://assets.urbanturf.com/dc/images/blog/2024/09/resized/VAFX2180246_45_0_image_560x420.jpg)
The six-bedroom home listed for just south of $10 million back in June went under con... read »
![16-Story, 325-Unit Building Pitched For Arlington's Wilson Boulevard](https://assets.urbanturf.com/dc/images/blog/2024/09/resized/2500-wilson-1_image_560x420.jpg)
The new project will take the place of an obsolete office building in Courthouse.... read »
![Mayor Bowser Announces First Office-To-Residential Projects To Receive Tax Abatements](https://assets.urbanturf.com/dc/images/blog/2024/09/resized/1625-mass-1_image_560x420.jpg)
The three office-to-residential conversion projects have been conditionally awarded t... read »
![500 Apartments, Live/Work Units And A Park: The New Plans Coming To St. Elizabeths](https://assets.urbanturf.com/dc/images/blog/2024/09/resized/parcel-6-park_image_560x420.jpg)
The plans for one of the final parcels at DC's St. Elizabeth's East campus are beginn... read »
- Buying with Friends: What You Should Know
- $10 Million McLean Home Of Former Nationals Star Stephen Strasburg Finds a Buyer
- 16-Story, 325-Unit Building Pitched For Arlington's Wilson Boulevard
- Mayor Bowser Announces First Office-To-Residential Projects To Receive Tax Abatements
- 500 Apartments, Live/Work Units And A Park: The New Plans Coming To St. Elizabeths
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