$8,013 Closing Credit*
$674,777
1,552 SqFt
4 Beds
•2 Full Baths
Zachary Lipson, Listing Office: Real Broker, LLC
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 October 2023
At the same time last year, Brookland / Brentwood / Langdon was a Seller's Market.
Key Takeaway
Brookland / Brentwood / Langdon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Brookland / Brentwood / Langdon, DC
How much do homes in Brookland / Brentwood / Langdon, DC cost?
Median Sold Price
$622,000
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$27,500(-4.2%)
Key Takeaway
Homes in Brookland / Brentwood / Langdon have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in Brookland / Brentwood / Langdon was $622,000 in October 2024, down 4.2% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $297K | $254.4K | -14.3% |
| 2 Bedrooms | $502.5K | $442.5K | -11.9% |
| 3 Bedrooms | $565K | $599.9K | +6.2% |
| 4 Bedrooms | $871.5K | $866K | -0.6% |
| 5+ Bedrooms | $1.0M | $1.1M | +3.3% |
Summary: Brookland / Brentwood / Langdon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 3.3%.
Housing Supply in Brookland / Brentwood / Langdon, DC
How many homes are available in Brookland / Brentwood / Langdon, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 78 | +4.0% |
Summary: The Brookland / Brentwood / Langdon real estate market had 78 homes for sale in October 2024, a 4.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 15 | 18 | +20.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The Brookland / Brentwood / Langdon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookland / Brentwood / Langdon, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Brookland / Brentwood / Langdon in October 2024, down by 30.8% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 16 Days | -36.3% |
Summary: Homes in Brookland / Brentwood / Langdon had an average of 16 days on market in Oct 2024, down by 36.3% compared to last year.
Breakdown of Home Sale Times
8 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 Brookland / Brentwood / Langdon are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Brookland / Brentwood / Langdon; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
