$9,500 Closing Credit*
$800,000
1,203 SqFt
2 Beds
•2 Full Baths
Bryan G Cantio, Listing Office: RE/MAX Allegiance
Is 20004, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 20004 was a Seller's Market.
Key Takeaway
20004 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 20004, DC
How much do homes in 20004, DC cost?
Median Sold Price
$490,000
$615/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,000(+0.2%)
Key Takeaway
The sold price of homes in 20004 has remained the same since last year.
Summary: The median home sold price in 20004 was $490,000 in October 2024, up 0.2% from last year, and the median price per square foot was $615.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $470K | $444.5K | -5.4% |
| 2 Bedrooms | $635K | $735K | +15.7% |
| 3 Bedrooms | $1.1M | $865K | -24.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 20004 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 15.7%, 3 bedroom homes decreased by 24.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 20004, DC
How many homes are available in 20004, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 28 | +16.7% |
Summary: The 20004 real estate market had 28 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 23 | +21.1% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 20004 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.1%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20004, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 20004 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 20004, DC
How long does it take to sell a home in 20004, DC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 21 Days | +36.4% |
Summary: Homes in 20004 had an average of 21 days on market in Oct 2024, up by 36.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20004 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 20004; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
