$4,156 Closing Credit*
$350,000
1,408 SqFt
3 Beds
•1 Full Bath
Tanya L Slade, Listing Office: Long & Foster Real Estate, Inc.
Is Brookland / Brentwood / Langdon, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Brookland / Brentwood / Langdon has remained a Seller's Market.
Key Takeaway
Brookland / Brentwood / Langdon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookland / Brentwood / Langdon, DC
How much do homes in Brookland / Brentwood / Langdon, DC cost?
Median Sold Price
$612,500
$382/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$32,500(-5.0%)
Key Takeaway
Homes in Brookland / Brentwood / Langdon have sold for 5% less than they did a year ago.
Summary: The median home sold price in Brookland / Brentwood / Langdon was $612,500 in November 2024, down 5% from last year, and the median price per square foot was $382.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $297K | $183.9K | -38.1% |
| 2 Bedrooms | $505K | $435K | -13.9% |
| 3 Bedrooms | $582.5K | $593K | +1.8% |
| 4 Bedrooms | $850K | $890K | +4.7% |
| 5+ Bedrooms | $1.1M | $1.1M | 0.0% |
Summary: Brookland / Brentwood / Langdon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.1%, 2 bedroom homes decreased by 13.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes did not change.
Housing Supply in Brookland / Brentwood / Langdon, DC
How many homes are available in Brookland / Brentwood / Langdon, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 70 | 73 | +4.3% |
Summary: The Brookland / Brentwood / Langdon real estate market had 73 homes for sale in November 2024, a 4.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Brookland / Brentwood / Langdon 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 increased by 7.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookland / Brentwood / Langdon, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Brookland / Brentwood / Langdon in November 2024, up by 30.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Brookland / Brentwood / Langdon, DC
How long does it take to sell a home in Brookland / Brentwood / Langdon, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 37 Days | +7.3% |
Summary: Homes in Brookland / Brentwood / Langdon had an average of 37 days on market in Nov 2024, up by 7.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Brookland / Brentwood / Langdon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Brookland / Brentwood / Langdon; 46% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
