Is Foxhall Crescent, DC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Foxhall Crescent is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Foxhall Crescent has remained a Seller's Market.

Key Takeaway

Foxhall Crescent is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Foxhall Crescent, DC

How much do homes in Foxhall Crescent, DC cost?

Median Sold Price

$2,699,000

$440/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$1,174,000(+77.0%)

Key Takeaway

Homes in Foxhall Crescent have sold for 77% more than they did a month ago.

Summary: The median home sold price in Foxhall Crescent was $2,699,000 in November 2024, up 77% from last month, and the median price per square foot was $440.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $1.5M$2.2M
+47.5%
5+ -$3.1M
N/A

Summary: Foxhall Crescent housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 47.5%, and 5+ bedroom homes did not change.

Housing Supply in Foxhall Crescent, DC

How many homes are available in Foxhall Crescent, DC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1615-6.3%

Summary: The Foxhall Crescent real estate market had 15 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 63
-50.0%
5+ 1012
+20.0%

Summary: The Foxhall Crescent 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Foxhall Crescent, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Foxhall Crescent in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Foxhall Crescent, DC

How long does it take to sell a home in Foxhall Crescent, DC?

Average Sale Time

Oct 2024Nov 2024CHANGE
74 Days85 Days+14.3%

Summary: Homes in Foxhall Crescent had an average of 85 days on market in Nov 2024, up by 14.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Foxhall Crescent are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Foxhall Crescent; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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