Is Carver Langston, 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, Carver Langston was a Seller's Market.
Housing Prices in Carver Langston, DC
How much do homes in Carver Langston, DC cost?
Median Sold Price
$399,000
$460/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Carver Langston was $399,000 in May 2024, down 1.5% from last year, and the median price per square foot was $460.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295.7K | $319.5K | +8.0% |
2 Bedrooms | $425K | $415K | -2.4% |
3 Bedrooms | $542.5K | $572.5K | +5.5% |
4 Bedrooms | $760K | $724.9K | -4.6% |
5+ Bedrooms | $460K | - | N/A |
Summary: Carver Langston housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Trinidad | $562.5K | $595K | +5.8% |
Ivy City / Arboretum / Trinidad / Carver Langston | $515K | $535K | +3.9% |
Carver Langston | $405K | $399K | -1.5% |
Northeast | $625.7K | $609K | -2.7% |
Housing Supply in Carver Langston, DC
How many homes are available in Carver Langston, DC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
60 | 67 | +11.7% |
Summary: The Carver Langston real estate market had 67 homes for sale in May 2024, a 11.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 20 | +25.0% |
2 Bedrooms | 25 | 30 | +20.0% |
3 Bedrooms | 12 | 11 | -8.3% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Carver Langston housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Carver Langston in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Carver Langston, DC
How long does it take to sell a home in Carver Langston, DC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 15 Days | -41.5% |
Summary: Homes in Carver Langston had an average of 15 days on market in May 2024, down by 41.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Carver Langston; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.