$2,369 Closing Credit*
$199,500
640 SqFt
2 Beds
•1 Full Bath
Mynor R Herrera, Listing Office: Keller Williams Capital Properties
Is 20019, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 20019 has remained a Buyer's Market.
Key Takeaway
20019 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 20019, DC
How much do homes in 20019, DC cost?
Median Sold Price
$408,666
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,333(-0.3%)
Key Takeaway
The sold price of homes in 20019 has remained the same since last year.
Summary: The median home sold price in 20019 was $408,666 in October 2024, down 0.3% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96K | $175K | +82.3% |
| 2 Bedrooms | $330K | $300K | -9.1% |
| 3 Bedrooms | $433.5K | $414.5K | -4.4% |
| 4 Bedrooms | $495K | $480K | -3.0% |
| 5+ Bedrooms | $575K | $567.4K | -1.3% |
Summary: 20019 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 82.3%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 1.3%.
Housing Supply in 20019, DC
How many homes are available in 20019, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 222 | 262 | +18.0% |
Summary: The 20019 real estate market had 262 homes for sale in October 2024, a 18.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 9 | +50.0% |
| 2 Bedrooms | 68 | 85 | +25.0% |
| 3 Bedrooms | 89 | 108 | +21.3% |
| 4 Bedrooms | 38 | 40 | +5.3% |
| 5+ Bedrooms | 21 | 20 | -4.8% |
Summary: The 20019 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 4.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20019, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 20019 in October 2024, up by 10.0% month-over-month. Of the 22 sold homes, 59% were sold under asking, 9% were sold at asking, and 32% were sold over asking.
Days on Market for 20019, DC
How long does it take to sell a home in 20019, DC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 68 Days | +83.9% |
Summary: Homes in 20019 had an average of 68 days on market in Oct 2024, up by 83.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20019 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in 20019; 41% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
