Is H Street Corridor / Near Northeast, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, H Street Corridor / Near Northeast was a Buyer's Market.
Key Takeaway
H Street Corridor / Near Northeast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in H Street Corridor / Near Northeast, DC
How much do homes in H Street Corridor / Near Northeast, DC cost?
Median Sold Price
$842,500
$565/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in H Street Corridor / Near Northeast have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in H Street Corridor / Near Northeast was $842,500 in April 2024, down 0.9% from last year, and the median price per square foot was $565.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $405K | $430K | +6.2% |
| 2 Bedrooms | $700K | $699K | -0.1% |
| 3 Bedrooms | $850K | $860K | +1.2% |
| 4 Bedrooms | $1.2M | $1.1M | -3.0% |
| 5+ Bedrooms | $1.2M | $1.3M | +0.6% |
Summary: H Street Corridor / Near Northeast housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Neighborhoods
| H Street Corridor / Near Northeast | $850K | $842.5K | -0.9% |
| Trinidad | $599K | $589.5K | -1.6% |
| NoMa / Stanton Park / Kingman Park | $848.5K | $825K | -2.8% |
| Stanton Park | $1.0M | $951K | -8.6% |
Housing Supply in H Street Corridor / Near Northeast, DC
How many homes are available in H Street Corridor / Near Northeast, DC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 64 | 78 | +21.9% |
Summary: The H Street Corridor / Near Northeast real estate market had 78 homes for sale in April 2024, a 21.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 17 | 18 | +5.9% |
| 3 Bedrooms | 22 | 27 | +22.7% |
| 4 Bedrooms | 12 | 17 | +41.7% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The H Street Corridor / Near Northeast housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Asking Price vs. Sold Price
12 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 H Street Corridor / Near Northeast, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in H Street Corridor / Near Northeast in April 2024, up by 54.5% month-over-month. Of the 17 sold homes, 71% were sold under asking, 12% were sold at asking, and 18% were sold over asking.
Days on Market for H Street Corridor / Near Northeast, DC
How long does it take to sell a home in H Street Corridor / Near Northeast, DC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 31 Days | +87.3% |
Summary: Homes in H Street Corridor / Near Northeast had an average of 31 days on market in Apr 2024, up by 87.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in H Street Corridor / Near Northeast are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in H Street Corridor / Near Northeast; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
