$10,000 Closing Credit*
$1,250,000
2,450 SqFt
4 Beds
•3 Full Baths
Jason Walder, Listing Office: Compass
Is LeDroit Park, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, LeDroit Park has remained a Seller's Market.
Key Takeaway
LeDroit Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in LeDroit Park, DC
How much do homes in LeDroit Park, DC cost?
Median Sold Price
$657,500
$589/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$617,500(-48.4%)
Key Takeaway
Homes in LeDroit Park have sold for 48.4% less than they did a month ago.
Summary: The median home sold price in LeDroit Park was $657,500 in November 2024, down 48.4% from last month, and the median price per square foot was $589.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $310K | N/A |
| 2 Bedrooms | - | $775K | N/A |
| 3 Bedrooms | - | $657.5K | N/A |
| 4 Bedrooms | $1.2M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: LeDroit Park 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 did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Pleasant Plains | $701.5K | $532.5K | -24.1% |
| LeDroit Park | $1.2M | $657.5K | -48.4% |
| Pleasant Plains / LeDroit Park | $1.2M | $553.7K | -53.9% |
Housing Supply in LeDroit Park, DC
How many homes are available in LeDroit Park, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The LeDroit Park real estate market had 10 homes for sale in November 2024, a 11.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The LeDroit Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in LeDroit Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in LeDroit Park in November 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for LeDroit Park, DC
How long does it take to sell a home in LeDroit Park, DC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 23 Days | -23.7% |
Summary: Homes in LeDroit Park had an average of 23 days on market in Nov 2024, down by 23.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in LeDroit Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in LeDroit Park; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
