$8,182 Closing Credit*
$689,000
880 SqFt
1 Bed
•1 Full Bath
Sabine S Grewe, Listing Office: Realty Network, Inc.
Is Dupont Circle, 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, Dupont Circle has remained a Seller's Market.
Key Takeaway
Dupont Circle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dupont Circle, DC
How much do homes in Dupont Circle, DC cost?
Median Sold Price
$574,999
$686/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,999(+4.2%)
Key Takeaway
Homes in Dupont Circle have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Dupont Circle was $574,999 in November 2024, up 4.2% from last year, and the median price per square foot was $686.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $415K | $399.9K | -3.6% |
| 2 Bedrooms | $677.5K | $695K | +2.6% |
| 3 Bedrooms | $1.3M | $1.3M | -1.3% |
| 4 Bedrooms | $1.8M | $2.0M | +11.1% |
| 5+ Bedrooms | $2.2M | $2.3M | +2.8% |
Summary: Dupont Circle housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Sheridan-Kalorama | $863K | $1.3M | +55.5% |
| Kalorama | $650K | $769K | +18.3% |
| Dupont Circle | $552K | $574.9K | +4.2% |
| Logan Circle | $804K | $796.2K | -1.0% |
| Adams Morgan | $625K | $532K | -14.9% |
Housing Supply in Dupont Circle, DC
How many homes are available in Dupont Circle, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 101 | 96 | -5.0% |
Summary: The Dupont Circle real estate market had 96 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 36 | 34 | -5.6% |
| 2 Bedrooms | 38 | 33 | -13.2% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Dupont Circle housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.6%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 18 | -33.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dupont Circle, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Dupont Circle in November 2024, down by 33.3% month-over-month. Of the 18 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Dupont Circle, DC
How long does it take to sell a home in Dupont Circle, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 31 Days | +132.3% |
Summary: Homes in Dupont Circle had an average of 31 days on market in Nov 2024, up by 132.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dupont Circle are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in Dupont Circle; 61% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
