$6,709 Closing Credit*
$565,000
1,810 SqFt
3 Beds
•2 Full Baths
Jennifer D Tilghman, Listing Office: Keller Williams Preferred 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 October 2023
At the same time last year, Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park was a Seller's 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
$430,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+4.9%)
Key Takeaway
Homes in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park was $430,000 in October 2024, up 4.9% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105.5K | $204K | +93.4% |
| 2 Bedrooms | $340K | $335K | -1.5% |
| 3 Bedrooms | $403.5K | $400K | -0.9% |
| 4 Bedrooms | $500K | $542.5K | +8.5% |
| 5+ Bedrooms | $542.5K | $690K | +27.2% |
Summary: Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.4%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 27.2%.
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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 | 104 | +15.6% |
Summary: The Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park real estate market had 104 homes for sale in October 2024, a 15.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 39 | 43 | +10.3% |
| 4 Bedrooms | 20 | 27 | +35.0% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 35%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park in October 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 43 Days | +70.5% |
Summary: Homes in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park had an average of 43 days on market in Oct 2024, up by 70.5% compared to last year.
Breakdown of Home Sale Times
5 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 Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Twining / Fairlawn / Randle / Dupont Park / Fort Davis Park; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
