$10,000 Closing Credit*
$1,590,000
2,222 SqFt
3 Beds
•2 Full Baths
Samuel Dweck, Listing Office: TTR Sotheby's International Realty
Is Kalorama, 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, Kalorama was a Seller's Market.
Key Takeaway
Kalorama is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kalorama, DC
How much do homes in Kalorama, DC cost?
Median Sold Price
$769,000
$659/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$119,000(+18.3%)
Key Takeaway
Homes in Kalorama have sold for 18.3% more than they did a year ago.
Summary: The median home sold price in Kalorama was $769,000 in November 2024, up 18.3% from last year, and the median price per square foot was $659.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $402.5K | $419.2K | +4.2% |
| 2 Bedrooms | $705K | $760.5K | +7.9% |
| 3 Bedrooms | $1.7M | $1.3M | -22.5% |
| 4 Bedrooms | $1.8M | $3.0M | +63.9% |
| 5+ Bedrooms | $3.7M | $3.0M | -18.0% |
Summary: Kalorama housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 7.9%, 3 bedroom homes decreased by 22.5%, 4 bedroom homes increased by 63.9%, and 5+ bedroom homes decreased by 18%.
Median Sold Price Compared To Nearby Neighborhoods
| Sheridan-Kalorama | $863K | $1.3M | +55.5% |
| Kalorama | $650K | $769K | +18.3% |
| Adams Morgan | $625K | $532K | -14.9% |
Housing Supply in Kalorama, DC
How many homes are available in Kalorama, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 47 | +14.6% |
Summary: The Kalorama real estate market had 47 homes for sale in November 2024, a 14.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 15 | +36.4% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Kalorama housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 36.4%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 1 | -87.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kalorama, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Kalorama in November 2024, down by 87.5% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kalorama, DC
How long does it take to sell a home in Kalorama, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 248 Days | +472.3% |
Summary: Homes in Kalorama had an average of 248 days on market in Nov 2024, up by 472.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Kalorama are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Kalorama; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
