$10,000 Closing Credit*
$1,250,000
2,450 SqFt
4 Beds
•3 Full Baths
Jason Walder, Listing Office: Compass
Is Pleasant Plains / 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, Pleasant Plains / LeDroit Park has remained a Seller's Market.
Key Takeaway
Pleasant Plains / LeDroit Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pleasant Plains / LeDroit Park, DC
How much do homes in Pleasant Plains / LeDroit Park, DC cost?
Median Sold Price
$553,750
$559/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$646,250(-53.9%)
Key Takeaway
Homes in Pleasant Plains / LeDroit Park have sold for 53.9% less than they did a month ago.
Summary: The median home sold price in Pleasant Plains / LeDroit Park was $553,750 in November 2024, down 53.9% from last month, and the median price per square foot was $559.
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 | $701.5K | $616.2K | -12.2% |
| 4 Bedrooms | $1.2M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Pleasant Plains / 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 decreased by 12.2%, 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 Pleasant Plains / LeDroit Park, DC
How many homes are available in Pleasant Plains / LeDroit Park, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The Pleasant Plains / LeDroit Park real estate market had 27 homes for sale in November 2024, a 17.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pleasant Plains / LeDroit Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
6 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 Pleasant Plains / 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 6 homes were sold or pending in Pleasant Plains / LeDroit Park in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pleasant Plains / LeDroit Park, DC
How long does it take to sell a home in Pleasant Plains / LeDroit Park, DC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 45 Days | +12.3% |
Summary: Homes in Pleasant Plains / LeDroit Park had an average of 45 days on market in Nov 2024, up by 12.3% compared to last month.
Breakdown of Home Sale Times
3 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 Pleasant Plains / LeDroit Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Pleasant Plains / LeDroit Park; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
