Is Pleasant Plains, 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, Pleasant Plains was a Seller's Market.
Key Takeaway
Pleasant Plains is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pleasant Plains, DC
How much do homes in Pleasant Plains, DC cost?
Median Sold Price
$712,000
$493/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pleasant Plains have sold for 1% more than they did a year ago.
Summary: The median home sold price in Pleasant Plains was $712,000 in May 2024, up 1% from last year, and the median price per square foot was $493.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $529K | $486.1K | -8.1% |
| 2 Bedrooms | $699.9K | $599.5K | -14.3% |
| 3 Bedrooms | $705K | $749K | +6.2% |
| 4 Bedrooms | $838K | $725K | -13.5% |
| 5+ Bedrooms | - | $855K | N/A |
Summary: Pleasant Plains housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.1%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Columbia Heights / Park View | $700K | $715.8K | +2.3% |
| Pleasant Plains | $704.9K | $712K | +1.0% |
| Bloomingdale | $924K | $900K | -2.6% |
| Pleasant Plains / LeDroit Park | $733.5K | $699K | -4.7% |
Housing Supply in Pleasant Plains, DC
How many homes are available in Pleasant Plains, DC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 25 | +38.9% |
Summary: The Pleasant Plains real estate market had 25 homes for sale in May 2024, a 38.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 9 | +80.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Pleasant Plains housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pleasant Plains, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Pleasant Plains in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pleasant Plains, DC
How long does it take to sell a home in Pleasant Plains, DC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 23 Days | 47 Days | +99.1% |
Summary: Homes in Pleasant Plains had an average of 47 days on market in May 2024, up by 99.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pleasant Plains has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Pleasant Plains; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
