$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 Sheridan-Kalorama, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Sheridan-Kalorama has remained a Buyer's Market.
Key Takeaway
Sheridan-Kalorama is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sheridan-Kalorama, DC
How much do homes in Sheridan-Kalorama, DC cost?
Median Sold Price
$1,342,500
$699/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$479,428(+55.5%)
Key Takeaway
Homes in Sheridan-Kalorama have sold for 55.5% more than they did a year ago.
Summary: The median home sold price in Sheridan-Kalorama was $1,342,500 in November 2024, up 55.5% from last year, and the median price per square foot was $699.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $395K | $420K | +6.3% |
| 2 Bedrooms | $725.1K | $856K | +18.0% |
| 3 Bedrooms | $1.9M | $1.3M | -28.2% |
| 4 Bedrooms | $1.7M | $3.2M | +85.5% |
| 5+ Bedrooms | $3.8M | $3.8M | +1.6% |
Summary: Sheridan-Kalorama housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 18%, 3 bedroom homes decreased by 28.2%, 4 bedroom homes increased by 85.5%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Sheridan-Kalorama | $863K | $1.3M | +55.5% |
| Kalorama | $650K | $769K | +18.3% |
| Dupont Circle | $552K | $574.9K | +4.2% |
Housing Supply in Sheridan-Kalorama, DC
How many homes are available in Sheridan-Kalorama, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 28 | +21.7% |
Summary: The Sheridan-Kalorama real estate market had 28 homes for sale in November 2024, a 21.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Sheridan-Kalorama 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 66.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
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 Sheridan-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 Sheridan-Kalorama in November 2024, down by 66.7% 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 Sheridan-Kalorama, DC
How long does it take to sell a home in Sheridan-Kalorama, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 89 Days | 248 Days | +177.1% |
Summary: Homes in Sheridan-Kalorama had an average of 248 days on market in Nov 2024, up by 177.1% 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 Sheridan-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 Sheridan-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.
