Is 20015, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 20015 was a Seller's Market.
Housing Prices in 20015, DC
How much do homes in 20015, DC cost?
Median Sold Price
$1,380,000
$543/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 20015 was $1,380,000 in March 2024, up 4.3% from last year, and the median price per square foot was $543.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $338.5K | $255K | -24.7% |
2 Bedrooms | $582.5K | $690K | +18.5% |
3 Bedrooms | $1.2M | $1.2M | +0.8% |
4 Bedrooms | $1.4M | $1.3M | -4.9% |
5+ Bedrooms | $1.7M | $1.7M | +3.7% |
Summary: 20015 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.7%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in 20015, DC
How many homes are available in 20015, DC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
82 | 92 | +12.2% |
Summary: The 20015 real estate market had 92 homes for sale in March 2024, a 12.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 16 | 0.0% |
2 Bedrooms | 16 | 17 | +6.3% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 18 | 23 | +27.8% |
5+ Bedrooms | 25 | 29 | +16.0% |
Summary: The 20015 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 16%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 20015 in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for 20015, DC
How long does it take to sell a home in 20015, DC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
15 Days | 39 Days | +158.5% |
Summary: Homes in 20015 had an average of 39 days on market in Mar 2024, up by 158.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 20015; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.