Washington DC Real Estate
Washington DC Real Estate

Homes for Sale in our Nation's Capitol

3030 CHAIN BRIDGE RD NW
$20,000,000 | 8 Beds | 10/3 Baths
3150 SOUTH ST NW #PH2A
$13,950,000 | 4 Beds | 5/2 Baths
2815 WOODLAND DR NW
$13,500,000 | 4 Beds | 5/2 Baths
2850 WOODLAND DR NW
$12,000,000 | 7 Beds | 7/3 Baths
2507 FOXHALL RD NW
$11,800,000 | 8 Beds | 8/4 Baths
2509 FOXHALL RD NW
$10,800,000 | 7 Beds | 8/2 Baths
2933-2943 BENTON PL NW
$8,000,000 | 8 Beds | 10/3 Baths
2230 MASSACHUSETTS AVE NW
$7,900,000 | 5 Beds | 5/2 Baths
3101 CHAIN BRIDGE RD NW
$7,895,000 | 7 Beds | 8/2 Baths
3425 PROSPECT ST NW
$7,750,000 | 9 Beds | 8/3 Baths
1155 23RD ST NW #PH3E
$7,695,000 | 3 Beds | 5.5 Baths
2425 TRACY PL NW
$6,995,000 | 7 Beds | 7/2 Baths

Sold Listings

933 WESTMINSTER ST NW
$2,000,000 | 6 Beds | 4/2 Baths
1205 LAMONT ST NW
$1,050,000 | 5 Beds | 4.5 Baths
1446 T ST NW
$1,010,000 | 2 Beds | 2 Baths

Washington, DC Real Estate

Homes for sale in Washington, DC

Guide to Washington DC Real Estate

Adams Morgan in Washington, DC
Dupont Circle in Washington, DC
Brookland Pint in Washington, DC
Georgetown Waterfront in Washington, DC

Washington, DC is the capital of the United States and is located on the east coast of the country. A planned city, this district is home to some of the best entertainment venues in the area, a wonderfully diverse population, an abundance of terrific restaurants, and a historical charm that is unmatched anywhere else in the country.

Surrounded by Virginia, Maryland, & the Potomac River

Washington, DC sits along the eastern coast of the United States and is divided into four unequal quadrants: Northwest (NW), Northeast (NE), Southwest (SW), and Southeast (SE). The city is belted by Southern Avenue SE and the Potomac River to the south, the river and Western Avenue NW to the west, Eastern Avenue NE to the east, and the intersection between Western Avenue NW and Eastern Avenue NE create the northern point of the district. The capital is surrounded by Virginia to the south and Maryland to the north. Cities and neighborhoods bordering the district are Bethesda, Silver Spring, and College Park to the north, Hyattsville and Largo to the east, Arlington, McLean, Annandale, and later Tysons to the west, and Alexandria to the south.

Named in Honor of George Washington

The Residence Act was signed in 1790, approving the creation of a capital district located along the Potomac River. The U.S. Constitution provided for a federal district, therefore DC is not a part of any U.S. state. Once the location of the capital was set, the states of Maryland and Virginia each donated land to form the federal district. In 1791, a new federal city was then constructed on the north bank of the Potomac. After naming the city after President Washington, the federal district was named Columbia, which was a poetic name that was commonly used at the time.

Getting Around in DC

Main east coast highways like I-95, I-66, and I-395 are all directed into Washington, but terminate shortly after entering the city. Washington Metro, the city’s rapid transit system, as well as Metrobus, both serve the district and its suburbs. Union Station is the city’s main train station and is a transportation hub for passengers on Amtrak, VRE, MARC, and the Metro system. Three major airports serve the capital: Reagan National Airport in Arlington, Dulles International Airport in Fairfax, and BWI Airport in Anne Arundel County, Maryland. Reagan can be reached by the Blue line, while additional Metro lines are underway to connect the city to Dulles Airport with construction to be completed in 2020.

Different Places to Live

Depending on where you want to live, one housing style might be more popular than another. Some of the housing available are detached single-family homes, row houses, condos, as well as numerous apartment buildings. A terrific thing about DC is that you can find anything from expensive single family homes in beautiful neighborhoods to condominiums or co-ops. One of the most popular styles is the historic row homes, some of which date back hundreds of years.

Music Venues & DC Nightlife

There are plenty of ethnic restaurants, nightlife, and a plethora of diverse cultures throughout DC. This is one of the main reasons why DC is home to hundreds of different types of restaurants, bars, clubs, and live music venues. Many neighborhoods in the district supply a wealth of nightlife experience including H St. Corridor, U St. Corridor, Adams Morgan and Dupont Circle to name a few. Dupont Circle is most notably home to Eighteenth Street Lounge and Public Bar. The 930 Club is a terrific music venue and is located in the historic U St. Corridor. Other great music venues in the district are not limited to the Black Cat, Howard Theatre, and the Rock & Roll Hotel.

You can go almost anywhere in the city and find a wonderful restaurant or cafe. On H St. Corridor you can find Toki Underground, Smith Commons, and Zengo. In Chinatown, there is the famous Graffiato by Mike Isabella and Rasika. Other restaurants around the city worth mentioning are Jaleo, Zaytinya, Proof, Oyamel Cocina Mexicana, and Minibar by Jose Andres. If you stay in Chinatown long enough you can also find the Verizon Center. This arena is home to the NBA Wizards, and also poses as an entertainment arena.

Arts, Parks, & Museums

Arena Stage and the Kennedy Center are two of the premiere destinations for theater-goers. The Kennedy Center in particular is home to the National Symphony, the Washington National Opera, and the city’s ballet. It is also close to the National Mall—a large and open park that runs downtown Washington between the Lincoln Center and the United States Capitol. This park is home to anything from political protests to festivals. Within the National Mall, you can also find plenty of terrific museums including the Smithsonian American Art Museum and the National Air and Space Museum. South of the mall, at the Tidal Basin, you can see featured rows of Japanese cherry blossom trees that originated as gifts from Japan. The Tidal Basin is also home to some wonderful memorials including memorials of Martin Luther King, Jr., Thomas Jefferson, and Franklin Roosevelt.

There is plenty of green space in DC, as you can find anything from quaint parks to tree-lined neighborhoods. Some other notable parks include Rock Creek Park, Anacostia Park, and Hains Park. Other attractions in the city are the National Zoo, the Washington Monument, the Arboretum, East Potomac Park, Nationals Park, and Ford’s Theatre.

Washington, DC is a dynamic city with a large historical background. Lately, the city has revitalized many of its neighborhoods that have led to an influx of newcomers. Its rapid transit system, diverse entertainment, and unmatched attractions are just some of the reasons why DC is a place that many people want to call home.

U Street Corridor in Washington, DC
Petworth Sign in Washington, DC

Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 12/3/2016
M/M 6M/6M
Homes for Sale 1,330 +24.4% -3.2%
Months Inventory 1.92 +24.0% -4.7%
Contracts Pending 1,157 +0.3% -28.8%
Solds: 90 Day 1,970 -1.4% -16.1%
Average List Price/Sold Price 99.05% 0.0% -0.7%
Active/Pending Ratio 1.15 +24.3% +20.0%
Average Price M/M 6M/6M
Active $925,247 +2.1% -1.2%
Pending $612,525 -0.6% -3.4%
90 Day Sold $639,980 -1.9% -2.2%
Median Price
Active $572,000 +3.9% -4.7%
Pending $479,990 -3.3% -2.1%
90 Day Sold $540,000 -1.9% -0.9%
Days on Market
Active 65.44 -7.8% +20.9%
Pending 36.70 +9.7% +4.1%
90 Day Sold 28.62 -4.2% -4.6%
M/M 6M/6M
Homes for Sale 230 +24.3% -6.5%
Months Inventory 2.17 +23.5% -11.1%
Contracts Pending 210 +2.4% -34.8%
Solds: 90 Day 282 -4.3% -18.8%
Average List Price/Sold Price 97.25% +0.2% -1.7%
Active/Pending Ratio 1.10 +22.7% +20.9%
Average Price M/M 6M/6M
Active $1,891,563 +9.1% +1.3%
Pending $889,851 -2.7% -4.8%
90 Day Sold $941,831 -7.5% -4.2%
Median Price
Active $942,000 +9.8% -26.9%
Pending $599,450 -6.7% -6.7%
90 Day Sold $763,500 -1.5% -2.8%
Days on Market
Active 86.88 -4.8% +20.2%
Pending 40.01 +1.5% -4.9%
90 Day Sold 33.87 +4.7% +10.5%
M/M 6M/6M
Homes for Sale 503 +28.0% +2.4%
Months Inventory 1.69 +27.8% +1.2%
Contracts Pending 557 +1.8% -16.0%
Solds: 90 Day 851 -2.2% -13.5%
Average List Price/Sold Price 99.51% -0.2% -0.6%
Active/Pending Ratio 0.90 +26.7% +15.6%
Average Price M/M 6M/6M
Active $859,243 -1.6% -5.8%
Pending $599,151 -3.6% -5.8%
90 Day Sold $711,161 +1.0% -2.0%
Median Price
Active $669,000 +3.0% -4.6%
Pending $515,000 -10.5% -1.9%
90 Day Sold $660,000 +1.5% +0.8%
Days on Market
Active 48.44 -10.3% +22.9%
Pending 35.29 +11.8% +10.4%
90 Day Sold 25.31 -8.3% -8.1%
M/M 6M/6M
Homes for Sale 597 +21.4% -6.7%
Months Inventory 2.06 +20.9% -7.3%
Contracts Pending 390 -2.8% -43.8%
Solds: 90 Day 837 +0.5% -17.8%
Average List Price/Sold Price 99.60% 0.0% -0.2%
Active/Pending Ratio 1.53 +23.5% +25.5%
Average Price M/M 6M/6M
Active $608,575 -3.5% +1.7%
Pending $482,297 +5.2% +0.2%
90 Day Sold $465,911 -1.0% -1.7%
Median Price
Active $439,000 +2.7% -1.3%
Pending $399,900 -1.3% -6.3%
90 Day Sold $417,500 -1.4% -0.4%
Days on Market
Active 71.51 -6.5% +21.6%
Pending 36.94 +11.5% +2.8%
90 Day Sold 30.23 -4.1% -7.0%

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Washington DC Real Estate homes listed for sale. Lower inventory favors sellers in negotiations.

How Many Months of Inventory?

Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Washington DC Real Estate divided by the number of homes sold in one month. Higher inventory favors buyers.

More Actives or More Pendings?

Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Washington DC Real Estate listed for sale versus those under contract. The lower the number, the hotter the market.

Are Sellers Negotiating?

Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Washington DC Real Estate versus their list price.

What is Average?

Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Washington DC Real Estate

How Fast Are They Selling?

Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Washington DC Real Estate homes that sold in the past 90 days.

Insight

The Rhapsody Condominiums

These condos are incredible. Not only the location and building but also the vibe. Interestingly enough, a Whole Foods in going in across the street from this building. Condo values should skyrocket.

Ron Whitesell Ron Whitesell Realtor

Featured Washington, DC Neighborhoods

Adams Morgan
44 Homes for Sale
Today's Median Price $549,000
Anacostia
41 Homes for Sale
Today's Median Price $285,000
Brookland
27 Homes for Sale
Today's Median Price $539,900
Capitol Hill
121 Homes for Sale
Today's Median Price $660,000
Chevy Chase
13 Homes for Sale
Today's Median Price $938,500
Cleveland Park
15 Homes for Sale
Today's Median Price $515,000
Columbia Heights (DC)
66 Homes for Sale
Today's Median Price $599,000
Dupont Circle
36 Homes for Sale
Today's Median Price $420,000
Foggy Bottom / West End
62 Homes for Sale
Today's Median Price $537,000
Georgetown
59 Homes for Sale
Today's Median Price $1,349,000
Glover Park
20 Homes for Sale
Today's Median Price $370,000
H Street
22 Homes for Sale
Today's Median Price $700,000
Kalorama
21 Homes for Sale
Today's Median Price $1,449,900
Ledroit Park / Bloomingdale
14 Homes for Sale
Today's Median Price $785,000
Logan Circle
24 Homes for Sale
Today's Median Price $695,000
Mount Vernon Square
8 Homes for Sale
Today's Median Price $521,000
Navy Yard
6 Homes for Sale
Today's Median Price $530,000
Penn Quarter / Chinatown
16 Homes for Sale
Today's Median Price $487,000
Petworth
70 Homes for Sale
Today's Median Price $599,999
Shaw
22 Homes for Sale
Today's Median Price $624,999
Southwest Water Front
27 Homes for Sale
Today's Median Price $375,000
Tenleytown / AU Park
17 Homes for Sale
Today's Median Price $881,000
Trinidad / Gallaudet
43 Homes for Sale
Today's Median Price $400,000
U Street Corridor
54 Homes for Sale
Today's Median Price $651,407