Is Stanton Park, 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, Stanton Park has remained a Seller's Market.
Housing Prices in Stanton Park, DC
How much do homes in Stanton Park, DC cost?
Median Sold Price
$951,000
$631/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Stanton Park was $951,000 in April 2024, down 8.6% from last year, and the median price per square foot was $631.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $401.4K | $430K | +7.1% |
2 Bedrooms | $780K | $792.5K | +1.6% |
3 Bedrooms | $999.5K | $952K | -4.8% |
4 Bedrooms | $1.2M | $1.4M | +13.2% |
5+ Bedrooms | $1.7M | $1.9M | +13.0% |
Summary: Stanton Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 13%.
Median Sold Price Compared To Nearby Neighborhoods
Capitol Hill / Lincoln Park | $880K | $875K | -0.6% |
H Street Corridor / Near Northeast | $850K | $842.5K | -0.9% |
NoMa / Stanton Park / Kingman Park | $848.5K | $825K | -2.8% |
Lincoln Park | $1.0M | $1.0M | -4.0% |
Stanton Park | $1.0M | $951K | -8.6% |
Housing Supply in Stanton Park, DC
How many homes are available in Stanton Park, DC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 67 | +26.4% |
Summary: The Stanton Park real estate market had 67 homes for sale in April 2024, a 26.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 21 | 26 | +23.8% |
4 Bedrooms | 8 | 13 | +62.5% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Stanton Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Stanton Park in April 2024, up by 13.3% month-over-month. Of the 17 sold homes, 29% were sold under asking, 24% were sold at asking, and 47% were sold over asking.
Days on Market for Stanton Park, DC
How long does it take to sell a home in Stanton Park, DC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 41 Days | +118.0% |
Summary: Homes in Stanton Park had an average of 41 days on market in Apr 2024, up by 118% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Stanton Park; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.