$9,203 Closing Credit*
$774,999
1,408 SqFt
3 Beds
•2 Full Baths, 1 Partial
OMER Muktar RESHID, Listing Office: Keller Williams Capital Properties
Is Park View, 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, Park View was a Seller's Market.
Key Takeaway
Park View is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Park View, DC
How much do homes in Park View, DC cost?
Median Sold Price
$750,000
$437/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,000(-3.2%)
Key Takeaway
Homes in Park View have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Park View was $750,000 in November 2024, down 3.2% from last year, and the median price per square foot was $437.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $372.4K | $295K | -20.8% |
| 2 Bedrooms | $613K | $654.9K | +6.8% |
| 3 Bedrooms | $775K | $762.5K | -1.6% |
| 4 Bedrooms | $900K | $820K | -8.9% |
| 5+ Bedrooms | $1.0M | $1.0M | +5.2% |
Summary: Park View housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Park View | $775K | $750K | -3.2% |
| Columbia Heights / Park View | $727.5K | $687.7K | -5.5% |
| Columbia Heights | $680K | $630K | -7.4% |
Housing Supply in Park View, DC
How many homes are available in Park View, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 60 | +9.1% |
Summary: The Park View real estate market had 60 homes for sale in November 2024, a 9.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 17 | 21 | +23.5% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Park View housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
8 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 Park View, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Park View in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Park View, DC
How long does it take to sell a home in Park View, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 65 Days | +192.7% |
Summary: Homes in Park View had an average of 65 days on market in Nov 2024, up by 192.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Park View are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Park View; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
