$9,797 Closing Credit*
$825,000
1,277 SqFt
3 Beds
•3 Full Baths
Cara Pearlman, Listing Office: Compass
Is Barney Circle / Hill East, 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, Barney Circle / Hill East has remained a Seller's Market.
Key Takeaway
Barney Circle / Hill East is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Barney Circle / Hill East, DC
How much do homes in Barney Circle / Hill East, DC cost?
Median Sold Price
$765,000
$555/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$85,000(-10.0%)
Key Takeaway
Homes in Barney Circle / Hill East have sold for 10% less than they did a year ago.
Summary: The median home sold price in Barney Circle / Hill East was $765,000 in October 2024, down 10% from last year, and the median price per square foot was $555.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $354.5K | $322K | -9.2% |
| 2 Bedrooms | $660K | $700K | +6.1% |
| 3 Bedrooms | $925K | $807K | -12.8% |
| 4 Bedrooms | $1.1M | $1.1M | 0.2% |
| 5+ Bedrooms | $1.9M | $1.0M | -45.4% |
Summary: Barney Circle / Hill East housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.2%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 45.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Lincoln Park | $922.5K | $1.0M | +14.6% |
| Kingman Park | $625K | $685K | +9.6% |
| Capitol Hill / Lincoln Park | $851.1K | $903.3K | +6.1% |
| NoMa / Stanton Park / Kingman Park | $822.5K | $855K | +4.0% |
| Barney Circle / Hill East | $850K | $765K | -10.0% |
Housing Supply in Barney Circle / Hill East, DC
How many homes are available in Barney Circle / Hill East, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 54 | +8.0% |
Summary: The Barney Circle / Hill East real estate market had 54 homes for sale in October 2024, a 8.0% 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 | 15 | 17 | +13.3% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Barney Circle / Hill East 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 13.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barney Circle / Hill East, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Barney Circle / Hill East in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for Barney Circle / Hill East, DC
How long does it take to sell a home in Barney Circle / Hill East, DC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 72 Days | +164.3% |
Summary: Homes in Barney Circle / Hill East had an average of 72 days on market in Oct 2024, up by 164.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Barney Circle / Hill East has remained consistent over time.
Summary: During October 2024, 10 homes were sold in Barney Circle / Hill East; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
