$4,395,000
2,070 SqFt
2 Beds
•2 Full Baths, 1 Partial
Frederick B Roth, Listing Office: Washington Fine Properties, LLC
Is West End, 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, West End was a Seller's Market.
Key Takeaway
West End is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West End, DC
How much do homes in West End, DC cost?
Median Sold Price
$782,500
$854/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$167,500(-17.6%)
Key Takeaway
Homes in West End have sold for 17.6% less than they did a year ago.
Summary: The median home sold price in West End was $782,500 in November 2024, down 17.6% from last year, and the median price per square foot was $854.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $550K | $592.4K | +7.7% |
| 2 Bedrooms | $1.1M | $992K | -9.8% |
| 3 Bedrooms | $2.9M | $2.9M | +1.4% |
| 4 Bedrooms | $2.0M | $2.2M | +13.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: West End housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| East Village | $1.2M | $1.4M | +18.3% |
| Georgetown | $1.4M | $1.6M | +8.7% |
| Dupont Circle | $552K | $574.9K | +4.2% |
| Foggy Bottom / West End / GWU | $745K | $685K | -8.1% |
| West End | $950K | $782.5K | -17.6% |
Housing Supply in West End, DC
How many homes are available in West End, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 39 | +5.4% |
Summary: The West End real estate market had 39 homes for sale in November 2024, a 5.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 10 | +11.1% |
| 2 Bedrooms | 23 | 24 | +4.3% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West End housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West End, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in West End in November 2024, down by 75.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for West End, DC
How long does it take to sell a home in West End, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 45 Days | +169.4% |
Summary: Homes in West End had an average of 45 days on market in Nov 2024, up by 169.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West End are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in West End; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
