$10,000 Closing Credit*
$899,000
1,504 SqFt
3 Beds
•1 Full Bath, 1 Partial
Joel S Nelson, Listing Office: Keller Williams Capital Properties
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 November 2023
At the same time last year, Barney Circle / Hill East was a Buyer's Market.
Key Takeaway
Barney Circle / Hill East is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Barney Circle / Hill East, DC
How much do homes in Barney Circle / Hill East, DC cost?
Median Sold Price
$775,000
$555/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$75,000(-8.8%)
Key Takeaway
Homes in Barney Circle / Hill East have sold for 8.8% less than they did a year ago.
Summary: The median home sold price in Barney Circle / Hill East was $775,000 in November 2024, down 8.8% from last year, and the median price per square foot was $555.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $354.5K | $322K | -9.2% |
| 2 Bedrooms | $660K | $700K | +6.1% |
| 3 Bedrooms | $926.5K | $815K | -12.0% |
| 4 Bedrooms | $1.1M | $1.1M | 0.4% |
| 5+ Bedrooms | $1.9M | $1.0M | -45.4% |
Summary: Barney Circle / Hill East housing prices by bedroom type for November 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%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 45.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Kingman Park | $625K | $685K | +9.6% |
| Lincoln Park | $980K | $1.0M | +7.8% |
| NoMa / Stanton Park / Kingman Park | $825K | $854.6K | +3.6% |
| Capitol Hill / Lincoln Park | $875K | $901.8K | +3.1% |
| Barney Circle / Hill East | $850K | $775K | -8.8% |
Housing Supply in Barney Circle / Hill East, DC
How many homes are available in Barney Circle / Hill East, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 42 | -10.6% |
Summary: The Barney Circle / Hill East real estate market had 42 homes for sale in November 2024, a 10.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 14 | 9 | -35.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Barney Circle / Hill East housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 35.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barney Circle / Hill East, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Barney Circle / Hill East in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 27 Days | +86.0% |
Summary: Homes in Barney Circle / Hill East had an average of 27 days on market in Nov 2024, up by 86% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Barney Circle / Hill East are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Barney Circle / Hill East; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
