$6,353 Closing Credit*
$535,000
1,020 SqFt
2 Beds
•1 Full Bath
Margaret M Tyus, Listing Office: RE/MAX Allegiance
Is Eckington, 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, Eckington was a Seller's Market.
Key Takeaway
Eckington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Eckington, DC
How much do homes in Eckington, DC cost?
Median Sold Price
$633,000
$480/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$61,000(-8.8%)
Key Takeaway
Homes in Eckington have sold for 8.8% less than they did a year ago.
Summary: The median home sold price in Eckington was $633,000 in November 2024, down 8.8% from last year, and the median price per square foot was $480.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $454K | $415K | -8.6% |
| 2 Bedrooms | $630K | $580K | -7.9% |
| 3 Bedrooms | $741K | $679K | -8.4% |
| 4 Bedrooms | $984K | $1.0M | +3.4% |
| 5+ Bedrooms | $1.2M | $1.2M | +2.9% |
Summary: Eckington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Edgewood / Bloomingdale / Truxton Circle / Eckington | $751.6K | $780K | +3.8% |
| Edgewood | $635K | $620K | -2.4% |
| Eckington | $694K | $633K | -8.8% |
Housing Supply in Eckington, DC
How many homes are available in Eckington, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 49 | -3.9% |
Summary: The Eckington real estate market had 49 homes for sale in November 2024, a 3.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 15 | 12 | -20.0% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Eckington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 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 Eckington, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Eckington in November 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Eckington, DC
How long does it take to sell a home in Eckington, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 62 Days | 67 Days | +8.1% |
Summary: Homes in Eckington had an average of 67 days on market in Nov 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eckington are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Eckington; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
