$10,000 Closing Credit*
$899,000
1,674 SqFt
2 Beds
•2 Full Baths
Ekaterina V Cathey, Listing Office: Long & Foster Real Estate, Inc.
Is Stanton Park, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Stanton Park has remained a Seller's Market.
Key Takeaway
Stanton Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stanton Park, DC
How much do homes in Stanton Park, DC cost?
Median Sold Price
$940,000
$607/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$55,000(-5.5%)
Key Takeaway
Homes in Stanton Park have sold for 5.5% less than they did a year ago.
Summary: The median home sold price in Stanton Park was $940,000 in October 2024, down 5.5% from last year, and the median price per square foot was $607.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $415K | $450K | +8.4% |
| 2 Bedrooms | $740K | $812.5K | +9.8% |
| 3 Bedrooms | $1.0M | $918.7K | -8.1% |
| 4 Bedrooms | $1.6M | $1.6M | +2.0% |
| 5+ Bedrooms | $1.9M | $1.7M | -7.6% |
Summary: Stanton Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Lincoln Park | $922.5K | $1.0M | +14.6% |
| Capitol Hill / Lincoln Park | $851.1K | $903.3K | +6.1% |
| NoMa / Stanton Park / Kingman Park | $822.5K | $855K | +4.0% |
| H Street Corridor / Near Northeast | $850K | $874.9K | +2.9% |
| Stanton Park | $995K | $940K | -5.5% |
Housing Supply in Stanton Park, DC
How many homes are available in Stanton Park, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 77 | +32.8% |
Summary: The Stanton Park real estate market had 77 homes for sale in October 2024, a 32.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 13 | 17 | +30.8% |
| 3 Bedrooms | 24 | 31 | +29.2% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Stanton Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 29.2%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 17 | +240.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stanton Park, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Stanton Park in October 2024, up by 240.0% month-over-month. Of the 17 sold homes, 47% were sold under asking, 18% were sold at asking, and 35% were sold over asking.
Days on Market for Stanton Park, DC
How long does it take to sell a home in Stanton Park, DC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 39 Days | +61.8% |
Summary: Homes in Stanton Park had an average of 39 days on market in Oct 2024, up by 61.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stanton Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Stanton Park; 71% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
