$9,797 Closing Credit*
$825,000
1,590 SqFt
4 Beds
•3 Full Baths
James C Thomley, Listing Office: RLAH @properties
Is Edgewood / Bloomingdale / Truxton Circle / Eckington, 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, Edgewood / Bloomingdale / Truxton Circle / Eckington was a Seller's Market.
Key Takeaway
Edgewood / Bloomingdale / Truxton Circle / Eckington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Edgewood / Bloomingdale / Truxton Circle / Eckington, DC
How much do homes in Edgewood / Bloomingdale / Truxton Circle / Eckington, DC cost?
Median Sold Price
$780,000
$476/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+4.0%)
Key Takeaway
Homes in Edgewood / Bloomingdale / Truxton Circle / Eckington have sold for 4% more than they did a year ago.
Summary: The median home sold price in Edgewood / Bloomingdale / Truxton Circle / Eckington was $780,000 in October 2024, up 4% from last year, and the median price per square foot was $476.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $372K | $367.5K | -1.2% |
| 2 Bedrooms | $565K | $560K | -0.9% |
| 3 Bedrooms | $769K | $777.5K | +1.1% |
| 4 Bedrooms | $975K | $949.5K | -2.6% |
| 5+ Bedrooms | $1.3M | $1.2M | -3.1% |
Summary: Edgewood / Bloomingdale / Truxton Circle / Eckington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Edgewood / Bloomingdale / Truxton Circle / Eckington | $750K | $780K | +4.0% |
| Edgewood | $625K | $650K | +4.0% |
| Eckington | $682.4K | $672.4K | -1.5% |
| Bloomingdale | $949K | $900K | -5.2% |
Housing Supply in Edgewood / Bloomingdale / Truxton Circle / Eckington, DC
How many homes are available in Edgewood / Bloomingdale / Truxton Circle / Eckington, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 162 | 212 | +30.9% |
Summary: The Edgewood / Bloomingdale / Truxton Circle / Eckington real estate market had 212 homes for sale in October 2024, a 30.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 24 | +41.2% |
| 2 Bedrooms | 40 | 53 | +32.5% |
| 3 Bedrooms | 58 | 77 | +32.8% |
| 4 Bedrooms | 28 | 38 | +35.7% |
| 5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The Edgewood / Bloomingdale / Truxton Circle / Eckington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 41.2%, 2 bedroom homes increased by 32.5%, 3 bedroom homes increased by 32.8%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 20 | +42.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edgewood / Bloomingdale / Truxton Circle / Eckington, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Edgewood / Bloomingdale / Truxton Circle / Eckington in October 2024, up by 42.9% month-over-month. Of the 20 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Edgewood / Bloomingdale / Truxton Circle / Eckington, DC
How long does it take to sell a home in Edgewood / Bloomingdale / Truxton Circle / Eckington, DC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 65 Days | +25.9% |
Summary: Homes in Edgewood / Bloomingdale / Truxton Circle / Eckington had an average of 65 days on market in Oct 2024, up by 25.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Edgewood / Bloomingdale / Truxton Circle / Eckington are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Edgewood / Bloomingdale / Truxton Circle / Eckington; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
