Is Woodley Park, 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, Woodley Park was a Seller's Market.
Housing Prices in Woodley Park, DC
How much do homes in Woodley Park, DC cost?
Median Sold Price
$733,826
$582/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Woodley Park was $733,826 in April 2024, up 46% from last year, and the median price per square foot was $582.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $471.2K | $473.5K | 0.5% |
2 Bedrooms | $502.5K | $713K | +41.9% |
3 Bedrooms | $1.4M | $2.1M | +46.0% |
4 Bedrooms | $2.0M | $1.9M | -4.3% |
5+ Bedrooms | $1.7M | $2.0M | +17.1% |
Summary: Woodley Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 41.9%, 3 bedroom homes increased by 46%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Neighborhoods
Woodley Park | $502.5K | $733.8K | +46.0% |
Northwest | $753.4K | $751.4K | -0.3% |
Housing Supply in Woodley Park, DC
How many homes are available in Woodley Park, DC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 20 | +33.3% |
Summary: The Woodley Park real estate market had 20 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 1 | 0 | -100.0% |
4 Bedrooms | 2 | 6 | +200.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Woodley 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 66.7%, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 2 | -71.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Woodley Park in April 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Woodley Park, DC
How long does it take to sell a home in Woodley Park, DC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 3 Days | -91.4% |
Summary: Homes in Woodley Park had an average of 3 days on market in Apr 2024, down by 91.4% 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 April 2024, 2 homes were sold in Woodley Park; 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.