Is Barney Circle / Hill East, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Barney Circle / Hill East has remained a Seller's Market.
Key Takeaway
Barney Circle / Hill East is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Barney Circle / Hill East, DC
How much do homes in Barney Circle / Hill East, DC cost?
Median Sold Price
$791,500
$588/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Barney Circle / Hill East have sold for 6.9% less than they did a year ago.
Summary: The median home sold price in Barney Circle / Hill East was $791,500 in April 2024, down 6.9% from last year, and the median price per square foot was $588.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $369.9K | $349K | -5.7% |
| 2 Bedrooms | $708K | $679.8K | -4.0% |
| 3 Bedrooms | $925K | $875K | -5.4% |
| 4 Bedrooms | $1.1M | $1.1M | -0.9% |
| 5+ Bedrooms | $1.6M | $2.3M | +43.9% |
Summary: Barney Circle / Hill East housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 43.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Capitol Hill / Lincoln Park | $880K | $875K | -0.6% |
| Kingman Park | $650K | $639K | -1.7% |
| NoMa / Stanton Park / Kingman Park | $848.5K | $825K | -2.8% |
| Lincoln Park | $1.0M | $1.0M | -4.0% |
| Barney Circle / Hill East | $850K | $791.5K | -6.9% |
Housing Supply in Barney Circle / Hill East, DC
How many homes are available in Barney Circle / Hill East, DC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 56 | +27.3% |
Summary: The Barney Circle / Hill East real estate market had 56 homes for sale in April 2024, a 27.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 9 | +125.0% |
| 2 Bedrooms | 12 | 18 | +50.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Barney Circle / Hill East housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 125%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barney Circle / Hill East, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Barney Circle / Hill East in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Barney Circle / Hill East, DC
How long does it take to sell a home in Barney Circle / Hill East, DC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 22 Days | -0.2% |
Summary: Homes in Barney Circle / Hill East had an average of 22 days on market in Apr 2024, down by 0.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Barney Circle / Hill East are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Barney Circle / Hill East; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
