$7,707 Closing Credit*
$649,000
938 SqFt
2 Beds
•2 Full Baths
Tony Taylor, Listing Office: Real Broker, LLC
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 October 2023
At the same time last year, Pleasant Plains / LeDroit Park was a Neutral Market.
Key Takeaway
Pleasant Plains / LeDroit Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pleasant Plains / LeDroit Park, DC
How much do homes in Pleasant Plains / LeDroit Park, DC cost?
Median Sold Price
$657,500
$536/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$80,679(-10.9%)
Key Takeaway
Homes in Pleasant Plains / LeDroit Park have sold for 10.9% less than they did a year ago.
Summary: The median home sold price in Pleasant Plains / LeDroit Park was $657,500 in October 2024, down 10.9% from last year, and the median price per square foot was $536.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $374K | N/A |
| 2 Bedrooms | $710K | $552.5K | -22.2% |
| 3 Bedrooms | $750K | $742K | -1.1% |
| 4 Bedrooms | $813K | $924.9K | +13.8% |
| 5+ Bedrooms | $807.5K | $1.4M | +82.7% |
Summary: Pleasant Plains / LeDroit Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 82.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Bloomingdale | $949K | $900K | -5.2% |
| Columbia Heights / Park View | $722.5K | $685K | -5.2% |
| Pleasant Plains / LeDroit Park | $738.1K | $657.5K | -10.9% |
| LeDroit Park | $892K | $724.5K | -18.8% |
Housing Supply in Pleasant Plains / LeDroit Park, DC
How many homes are available in Pleasant Plains / LeDroit Park, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 32 | +45.5% |
Summary: The Pleasant Plains / LeDroit Park real estate market had 32 homes for sale in October 2024, a 45.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 2 | 7 | +250.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pleasant Plains / LeDroit Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 250%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was 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. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Pleasant Plains / LeDroit Park in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 40 Days | +575.0% |
Summary: Homes in Pleasant Plains / LeDroit Park had an average of 40 days on market in Oct 2024, up by 575% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pleasant Plains / LeDroit Park has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Pleasant Plains / LeDroit Park; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
