Is 20010, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 20010 was a Seller's Market.
Housing Prices in 20010, DC
How much do homes in 20010, DC cost?
Median Sold Price
$760,000
$478/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 20010 was $760,000 in May 2024, down 1.9% from last year, and the median price per square foot was $478.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $369.9K | $362.3K | -2.0% |
2 Bedrooms | $620K | $595K | -4.0% |
3 Bedrooms | $800K | $788.9K | -1.4% |
4 Bedrooms | $1.1M | $917.5K | -20.7% |
5+ Bedrooms | $1.1M | $1.3M | +15.3% |
Summary: 20010 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes increased by 15.3%.
Housing Supply in 20010, DC
How many homes are available in 20010, DC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
150 | 188 | +25.3% |
Summary: The 20010 real estate market had 188 homes for sale in May 2024, a 25.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 30 | +30.4% |
2 Bedrooms | 35 | 50 | +42.9% |
3 Bedrooms | 45 | 51 | +13.3% |
4 Bedrooms | 27 | 34 | +25.9% |
5+ Bedrooms | 20 | 23 | +15.0% |
Summary: The 20010 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.4%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 17 | -10.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 20010 in May 2024, down by 10.5% month-over-month. Of the 17 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 36 Days | +35.6% |
Summary: Homes in 20010 had an average of 36 days on market in May 2024, up by 35.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in 20010; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.