$1,661 Closing Credit*
$139,900
732 SqFt
2 Beds
•1 Full Bath
David A Moya, Listing Office: KW Metro Center
Is Washington Highlands, 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, Washington Highlands was a Neutral Market.
Key Takeaway
Washington Highlands is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Washington Highlands, DC
How much do homes in Washington Highlands, DC cost?
Median Sold Price
$370,800
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$36,200(-8.9%)
Key Takeaway
Homes in Washington Highlands have sold for 8.9% less than they did a year ago.
Summary: The median home sold price in Washington Highlands was $370,800 in November 2024, down 8.9% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $91.1K | N/A |
| 2 Bedrooms | $150K | $136K | -9.3% |
| 3 Bedrooms | $409K | $391.5K | -4.3% |
| 4 Bedrooms | $440K | $425K | -3.4% |
| 5+ Bedrooms | $619K | $679.5K | +9.8% |
Summary: Washington Highlands housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Washington Highlands | $407K | $370.8K | -8.9% |
| Congress Heights | $407.5K | $360K | -11.7% |
| Congress Heights / Bellevue / Washington Highlands | $404.5K | $350K | -13.5% |
Housing Supply in Washington Highlands, DC
How many homes are available in Washington Highlands, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Summary: The Washington Highlands real estate market had 38 homes for sale in November 2024, a 8.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Washington Highlands housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Washington Highlands, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Washington Highlands in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Washington Highlands, DC
How long does it take to sell a home in Washington Highlands, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 112 Days | +134.7% |
Summary: Homes in Washington Highlands had an average of 112 days on market in Nov 2024, up by 134.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Washington Highlands are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Washington Highlands; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
