$7,113 Closing Credit*
$599,000
1,944 SqFt
4 Beds
•2 Full Baths, 1 Partial
George Thomas Bryant Jr., Listing Office: Exit Community Realty
Is Congress Heights / Bellevue / Washington Highlands, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Congress Heights / Bellevue / Washington Highlands has remained a Buyer's Market.
Key Takeaway
Congress Heights / Bellevue / Washington Highlands is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Congress Heights / Bellevue / Washington Highlands, DC
How much do homes in Congress Heights / Bellevue / Washington Highlands, DC cost?
Median Sold Price
$290,500
$219/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$119,500(-29.1%)
Key Takeaway
Homes in Congress Heights / Bellevue / Washington Highlands have sold for 29.1% less than they did a month ago.
Summary: The median home sold price in Congress Heights / Bellevue / Washington Highlands was $290,500 in October 2024, down 29.1% from last month, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $145K | -40.8% |
| 3 Bedrooms | $435K | $301K | -30.8% |
| 4 Bedrooms | $417.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Congress Heights / Bellevue / Washington Highlands housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40.8%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Congress Heights / Bellevue / Washington Highlands, DC
How many homes are available in Congress Heights / Bellevue / Washington Highlands, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 | 95 | +18.8% |
Summary: The Congress Heights / Bellevue / Washington Highlands real estate market had 95 homes for sale in October 2024, a 18.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 10 | +11.1% |
| 2 Bedrooms | 25 | 27 | +8.0% |
| 3 Bedrooms | 26 | 35 | +34.6% |
| 4 Bedrooms | 18 | 20 | +11.1% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Congress Heights / Bellevue / Washington Highlands housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 34.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Congress Heights / Bellevue / Washington Highlands, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Congress Heights / Bellevue / Washington Highlands in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Congress Heights / Bellevue / Washington Highlands, DC
How long does it take to sell a home in Congress Heights / Bellevue / Washington Highlands, DC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 120 Days | 20 Days | -82.9% |
Summary: Homes in Congress Heights / Bellevue / Washington Highlands had an average of 20 days on market in Oct 2024, down by 82.9% compared to last month.
Breakdown of Home Sale Times
3 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 Congress Heights / Bellevue / Washington Highlands are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Congress Heights / Bellevue / Washington Highlands; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
