$6,519 Closing Credit*
$549,000
2,992 SqFt
3 Beds
•2 Full Baths, 1 Partial
Brenda C Small, Listing Office: Keller Williams Capital Properties
Is Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park, 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, Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park was a Neutral Market.
Key Takeaway
Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park, DC
How much do homes in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park, DC cost?
Median Sold Price
$417,500
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+0.6%)
Key Takeaway
Homes in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park was $417,500 in November 2024, up 0.6% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105.5K | $230K | +118.0% |
| 2 Bedrooms | $340K | $309.7K | -8.9% |
| 3 Bedrooms | $407K | $405K | -0.5% |
| 4 Bedrooms | $500K | $537.7K | +7.5% |
| 5+ Bedrooms | $560K | $690K | +23.2% |
Summary: Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 118%, 2 bedroom homes decreased by 8.9%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 23.2%.
Housing Supply in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park, DC
How many homes are available in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 97 | 104 | +7.2% |
Summary: The Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park real estate market had 104 homes for sale in November 2024, a 7.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 18 | 22 | +22.2% |
| 3 Bedrooms | 40 | 44 | +10.0% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park in November 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park, DC
How long does it take to sell a home in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 70 Days | +148.2% |
Summary: Homes in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park had an average of 70 days on market in Nov 2024, up by 148.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park; 44% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
