$10,000 Closing Credit*
$2,300,000
3,950 SqFt
5 Beds
•4 Full Baths, 1 Partial
Christine Allocca, Listing Office: Compass
Is Woodley 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, Woodley Park was a Seller's Market.
Key Takeaway
Woodley Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Woodley Park, DC
How much do homes in Woodley Park, DC cost?
Median Sold Price
$1,762,500
$606/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,156,250(+190.7%)
Key Takeaway
Homes in Woodley Park have sold for 190.7% more than they did a year ago.
Summary: The median home sold price in Woodley Park was $1,762,500 in November 2024, up 190.7% from last year, and the median price per square foot was $606.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $446.2K | $487.4K | +9.2% |
| 2 Bedrooms | $675K | $612.5K | -9.3% |
| 3 Bedrooms | $1.5M | $2.3M | +51.5% |
| 4 Bedrooms | $2.0M | $1.8M | -13.3% |
| 5+ Bedrooms | $1.8M | $2.9M | +66.4% |
Summary: Woodley Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes increased by 51.5%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 66.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Woodley Park | $606.2K | $1.7M | +190.7% |
| Northwest | $749.9K | $790.1K | +5.4% |
Housing Supply in Woodley Park, DC
How many homes are available in Woodley Park, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The Woodley Park real estate market had 17 homes for sale in November 2024, a 13.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Woodley Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Woodley Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Woodley Park in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Woodley Park, DC
How long does it take to sell a home in Woodley Park, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 17 Days | +117.9% |
Summary: Homes in Woodley Park had an average of 17 days on market in Nov 2024, up by 117.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodley Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Woodley Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
