$6,827 Closing Credit*
$574,900
2,379 SqFt
4 Beds
•4 Full Baths, 1 Partial
Wehazit D Mail, Listing Office: RE/MAX One Solutions
Is 20032, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 20032 was a Neutral 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
$355,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$50,000(-12.3%)
Key Takeaway
Homes in 20032 have sold for 12.3% less than they did a year ago.
Summary: The median home sold price in 20032 was $355,000 in November 2024, down 12.3% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125.5K | $85.5K | -31.8% |
| 2 Bedrooms | $275K | $229.9K | -16.4% |
| 3 Bedrooms | $414K | $393K | -5.1% |
| 4 Bedrooms | $475K | $425K | -10.5% |
| 5+ Bedrooms | $439.9K | $500K | +13.7% |
Summary: 20032 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.8%, 2 bedroom homes decreased by 16.4%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 13.7%.
Housing Supply in 20032, DC
How many homes are available in 20032, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 | 103 | +4.0% |
Summary: The 20032 real estate market had 103 homes for sale in November 2024, a 4.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 11 | -8.3% |
| 2 Bedrooms | 28 | 28 | 0.0% |
| 3 Bedrooms | 36 | 38 | +5.6% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 20032 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 20032, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 20032 in November 2024, up by 83.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 77 Days | +49.7% |
Summary: Homes in 20032 had an average of 77 days on market in Nov 2024, up by 49.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 20032 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 11 homes were sold in 20032; 36% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
