$5,463 Closing Credit*
$460,000
1,412 SqFt
3 Beds
•3 Full Baths, 1 Partial
Melissa Terzis, Listing Office: TTR Sotheby's International Realty
Is 20032, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 20032 has remained a Buyer's Market.
Key Takeaway
20032 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 20032, DC
How much do homes in 20032, DC cost?
Median Sold Price
$290,500
$219/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$132,000(-31.2%)
Key Takeaway
Homes in 20032 have sold for 31.2% less than they did a month ago.
Summary: The median home sold price in 20032 was $290,500 in October 2024, down 31.2% from last month, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $145K | -40.8% |
| 3 Bedrooms | $486.2K | $301K | -38.1% |
| 4 Bedrooms | $417.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 20032 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40.8%, 3 bedroom homes decreased by 38.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 20032, DC
How many homes are available in 20032, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 113 | +24.2% |
Summary: The 20032 real estate market had 113 homes for sale in October 2024, a 24.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 13 | +30.0% |
| 2 Bedrooms | 26 | 30 | +15.4% |
| 3 Bedrooms | 32 | 44 | +37.5% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 20032 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20032, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 20032 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 20032, DC
How long does it take to sell a home in 20032, DC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 123 Days | 20 Days | -83.4% |
Summary: Homes in 20032 had an average of 20 days on market in Oct 2024, down by 83.4% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20032 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 20032; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
