Is 20010, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 20010 has remained a Buyer's Market.
Housing Prices in 20010, DC
How much do homes in 20010, DC cost?
Median Sold Price
$764,166
$471/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 20010 was $764,166 in March 2024, down 2.5% from last year, and the median price per square foot was $471.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $365K | $365K | 0.0% |
2 Bedrooms | $635K | $605K | -4.7% |
3 Bedrooms | $827.5K | $783.4K | -5.3% |
4 Bedrooms | $1.1M | $971K | -15.6% |
5+ Bedrooms | $1.1M | $1.3M | +15.0% |
Summary: 20010 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.7%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes increased by 15%.
Housing Supply in 20010, DC
How many homes are available in 20010, DC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
430 | 452 | +5.1% |
Summary: The 20010 real estate market had 452 homes for sale in March 2024, a 5.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 56 | 60 | +7.1% |
2 Bedrooms | 103 | 108 | +4.9% |
3 Bedrooms | 134 | 139 | +3.7% |
4 Bedrooms | 74 | 82 | +10.8% |
5+ Bedrooms | 63 | 63 | 0.0% |
Summary: The 20010 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 18 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 20010 in March 2024, the same as the previous month. Of the 18 sold homes, 39% were sold under asking, 11% were sold at asking, and 50% were sold over asking.
Days on Market for 20010, DC
How long does it take to sell a home in 20010, DC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 39 Days | +20.8% |
Summary: Homes in 20010 had an average of 39 days on market in Mar 2024, up by 20.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in 20010; 61% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.