$1,661 Closing Credit*
$139,900
1,591 SqFt
3 Beds
•1 Full Bath, 1 Partial
Angie Hashempour, Listing Office: Hometime Realty, LLC
Is Central Northeast, 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, Central Northeast was a Seller's Market.
Key Takeaway
Central Northeast is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Northeast, DC
How much do homes in Central Northeast, DC cost?
Median Sold Price
$350,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,750(+2.3%)
Key Takeaway
Homes in Central Northeast have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Central Northeast was $350,000 in November 2024, up 2.3% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $177.5K | N/A |
| 2 Bedrooms | $225K | $261K | +16.0% |
| 3 Bedrooms | $399.5K | $432.5K | +8.3% |
| 4 Bedrooms | $464.5K | $510K | +9.8% |
| 5+ Bedrooms | $561.9K | $405K | -27.9% |
Summary: Central Northeast housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 27.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Central Northeast | $342.2K | $350K | +2.3% |
| Deanwood | $397K | $390K | -1.8% |
| Mayfair / Central Northeast | $399.5K | $382.6K | -4.2% |
Housing Supply in Central Northeast, DC
How many homes are available in Central Northeast, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Central Northeast real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Central Northeast 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 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Central Northeast, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Central Northeast in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Central Northeast, DC
How long does it take to sell a home in Central Northeast, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 62 Days | 38 Days | -39.1% |
Summary: Homes in Central Northeast had an average of 38 days on market in Nov 2024, down by 39.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Northeast are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Central Northeast; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
