Adams Morgan Anacostia Benning Brentwood Brightwood / Manor Park Brookland Capitol Hill Cathedral / Wesley Heights Chevy Chase Cleveland Park Colonial Village / Shepard Park Columbia Heights Congress Heights / Shipley Crestwood / 16th St Heights Deanwood Downtown Dupont Circle Fairfax Village Foggy Bottom / West End Forest Hills / Van Ness Fort Dupont Georgetown Glover Park H Street Kalorama Ledroit Park / Bloomingdale Lincoln Heights Logan Circle Mount Pleasant Mount Vernon Square Navy Yard NOMA / Eckington Observatory Park Palisades / Foxhall Penn Quarter / Chinatown Petworth Riggs Park / Michigan Park Shaw Southwest Water Front Spring Valley Takoma Tenleytown / AU Park Trinidad / Gallaudet U Street Corridor Washington Highlands / Bellevue Woodley Park Woodridge / Fort Lincoln
All
Detached
Townhome
Condo Style

Basic Stats Overview

Data Source: MRIS Listing Data
 
M/M
Y/Y
Homes for Sale
2,208
-8.5%
+3.1%
Months Inventory
2.87
-9.8%
+0.3%
Contracts Pending
1,448
-3.8%
-4.3%
Solds: 90 Day
2,264
+1.2%
+4.3%
Average List Price/Sold Price
99.01%
-0.1%
+1.7%
Active/Pending Ratio
1.52
-4.6%
+6.6%
Average Price
M/M
Y/Y
Active
$572,400
+0.5%
-5.6%
Pending
$489,582
-5.2%
+0.5%
90 Day Sold
$531,615
+0.3%
-0.0%
Median Price
M/M
Y/Y
Active
$324,900
-0.0%
-1.3%
Pending
$350,000
-7.7%
0.0%
90 Day Sold
$425,000
+2.1%
+0.2%
Days on Market
M/M
Y/Y
Active
110.21
+8.6%
+1.2%
Pending
133.72
+4.4%
+3.3%
90 Day Sold
86.14
+0.8%
-5.3%

What does the most expensive home in
Washington DC look like?

2320-2330 S ST NW, WASHINGTON, DC 20008
The home for sale with the highest sales price in Washington DC is:
2320-2330 S ST NW, WASHINGTON, DC 20008

How about the least expensive?

832 CONCORD ST, HAGERSTOWN, DC 21740
The home for sale with the lowest sales price in Washington DC is:
832 CONCORD ST, HAGERSTOWN, MD 21740

What's average?

912 F ST NW #900, WASHINGTON, DC 20004
The home for sale with the sales price closest to the Washington DC average is:
912 F ST NW #900, WASHINGTON, DC 20004

Cheeseburger Index

With the help of The Economist, we've calculated the number of Big Macs® that a person could buy instead of buying a home in Washington DC. We like burgers but firmly believe a home is a better investment.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
= 5,000, the average Washington DC home costs about the same as Big Macs® using the .

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Washington DC 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 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 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 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

How Fast Are They Selling?

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

Washington, District of Columbia

Washington, DC is a dynamic city that has a historic charm that also has the distinguished title of being the nation's capital. People move from across the country to either live within the city itself or right outside in a neighboring Virginia or Maryland suburb. Over the last decade DC has revitalized many neighborhoods which has led to an influx of people looking to move into the city. Although an urban area, DC was originally planned with green spaces in mind and that can still be seen to this day with beautiful parks and tree lined streets. Washington is home to some of the best entertainment venues in the area including the Kennedy Center, Arena Stage and many more. Overall, this cosmopolitan city is a thriving area that cannot be compared to any city.

History

Washington, DC was named after President George Washington and founded in 1971. It is unique in that the District of Columbia was not created as a state, but rather a "federal district" to serve as the nation's capital. Washington, DC's is situated along the Potomac and Anacostia Rivers was the result of a compromise between Thomas Jefferson and Alexander Hamilton. The founders wanted D C to be both the center of the government as well as a thriving commercial center. George Washington eventually chose the site and asked Pierre Charles L'Enfant to design the new city, bringing ideas and innovations from his native France. With the help of Benjamin Banneker, who provided the calculations for laying out the city, Washington D. C. was born. The monuments that DC is so well known for were not actually created until nearly a hundred years later with the go ahead from the McMillan Commission. After the Civil War, DC began to make significant growth expanding past Florida Avenue (one of the original city boundaries) and eventually to Georgetown. This time period also brought streetcar lines to the city, which helped to grow the suburbs and neighborhoods of DC. Development occurred at a rapid pace during the first half of the 20th century as grand row houses were built in neighborhoods around the Capitol including along 16th Street and Massachusetts Ave in what is now known as Embassy Row. The cultural attractions also increased with brand new museums, concert halls and art galleries constructed throughout the downtown area. The mid 20th century brought the first airport to DC and the Pentagon was completed shortly after that. The latter half of the 20th century brought the movement to the suburbs of Maryland and Virginia. DC began to hit a low point with the race riots in the late 1960s and many neighborhoods fell into disrepair. In 1976 the Metro subway system first opened its doors and over the next 25 years as more stations were added, DC began to see a sweeping period of revitalization and the once forgotten neighborhoods were once again renewed and are almost unrecognizable since the riots.

Vibe

Washington, DC is a cosmopolitan city that is made up of so many different pieces and people. Since it is home to federal government, the city attracts politicians, diplomats, lobbyists, and even protesters. DC is also a major tourist destination and on nearly any day of the year you can see swarms of foreigners taking pictures of and exploring the history and neighborhoods of DC. The numerous foreign embassies in DC add to the worldly nature of this city. There are plenty of ethnic restaurants, nightlife, and culture throughout DC. Washington, DC attracts scholars from around the world and is home to several prominent universities: Georgetown University, American University, Catholic University and George Washington University among others. Although many residents left the city during the “suburban flight” of the latter part of the 20th century, DC has seen an influx of people over the last decade thanks to the revitalized neighborhoods and convenience of living in a city.

Shopping

If you are looking to go shopping in DC look no further than the M Street area of Georgetown and the Mazza Gallerie further up in Northwest DC. Georgetown has some of the best shopping options available and includes both big name stores such as Lacoste and Ralph Lauren as well as boutique options like Diesel and Kate Spade.

Recreation & Parks

DC is home to some of the most beautiful and unique parks and recreation that you can find anywhere in the United States. Pierre L'Enfant designed DC with green space in mind and driving nearly anywhere in DC you can find quaint parks on tree lined streets. Some of the more notable parks include Georgetown Waterfront Park, the National Mall, Hains Point, and Rock Creek Park. Georgetown Waterfront Park is a peaceful retreat just blocks outside of the heart of Georgetown and has amazing views of the Arlington skyline and Potomac River. The National Mall is perhaps the most well known park where you can explore the Washington Monument or Capitol Building. Since it is such a large space there are festivals, concerts, and demonstrations held there. Hains Point is a great place to play an inexpensive round of golf, tennis, swimming, or picnicing while admiring views of the National Monument and the waterfront. Rock Creek Park is a heavily forested area where you can spend the day hiking, biking, picnicking, or catching a show at the amphitheater. Rock Creek Park is also home to the popular National Zoo.

Where do people live?

Washington, DC has different types of housing available depending on where you want to live. From expensive single family houses in beautiful neighborhoods in Northwest to condos and co-ops in the downtown area, there is a range of options to choose from. One of the most common types of housing in DC are the historic row houses, some which were built over a hundred years ago. Many of the housing stock in neighborhoods close to downtown have been renovated or rebuilt over the years. It has been a trend in DC for developers to turn some of the larger row houses into condo developments, while retaining much of the same exterior features of the property. Overall you have a selection of single family houses, row houses, condos, co-ops, as well as numerous apartments to choose from. Expect to pay a premium to live in DC and the area shows no signs of slowing down anytime soon.

Washington DC

Washington DC was initially developed as a port city with ships being the primary means of transportation. Today it offers a myriad of options including the metro, bus, driving, biking, in addition to several major airports. The ever expanding metro is one of the most popular forms of transportation in DC and commuters from Virginia, Maryland, and DC take advantage of it. Union Station is also located in DC, which is home to Amtrak and services locations all across the east coast. Bus routes are prevalent throughout DC as well, including the D.C. Circulator routes, WMATA, and also Chinatown area buses that can take you as far as Boston in a day. Driving in DC can get somewhat congested during peak hours but you can find parking in garages (although pricey) or on the street in some cases. DC is just outside of major highway routes like the Baltimore-Washington Parkway, I-295, the George Washington Parkway, and I-495 or the Beltway as it is commonly known. Biking is a popular mode of transportation and many neighborhoods in DC have Capital Bikeshare stations as well as signified bike routes on the streets. DC has one major airport within the city and two others within a short proximity. Ronald Reagan National Airport is technically across the Potomac River in Arlington, although it has a DC address and is a quick drive or metro ride for DC residents. Dulles International Airport lies further south of DC by about 25 miles and is located in Loudon County, VA. The other option includes the Baltimore Washington International Airport which is just 30 miles north of the city near Baltimore.

Boundaries

Washington, DC is nearly 70 square miles and is located south of Maryland and north of Virginia, along the eastern coast of the United States. The U. S. Capitol building marks the dividing line for the city's quadrants including Northwest, Southwest, Northeast, and Southeast. The “Washington Metropolitan Area” includes all of D.C. as well as the Virginia suburbs of Arlington, Fairfax, Loudon, Prince William, Stafford, Alexandria, Falls Church, Fairfax City, Manassas, Manassas Park and the Maryland counties of Anne Arundel, Charles, Calvert, Frederick, Howard, Montgomery and Prince George's.

Entertainment & Restaurant

DC has some of the finest dining around and is home to hundreds of different types of restaurants. Some of the best areas for dining in DC are downtown near the Verizon Center, Barracks Row on Capitol Hill, and the Georgetown area. The Verizon Center is a great place to catch a show, concert, or game. Additionally the downtown area around the Verizon Center is home to some of the best food around. Some of the notable restaurants include Rosa Mexicano, Jaleo, and Zola. Another great area to dine is over on Capitol Hill on 8th street, also known as Barracks Row. They have some of the best ethnic cafes around including Belga Café, Cava Mezze, and Café 8. Yet another area for great dining and walking around is Georgetown. There are numerous restaurants, stores, shops, and historic landmarks. A few of the recommended restaurants include Bodega Spanish Tapas and Lounge, Citronelle, and Papa Razzi.

Nightlife, Bars, Clubs, & Theatre

DC has an amazing selection of nightlife, bars, clubs, and live music venues to choose from. There are many neighborhoods that cater to the nightlife scene including Dupont Circle, Adams Morgan, U Street Corridor, and the H Street Corridor. Dupont Circle is most notably home to the Eighteenth Street Lounge, Madhatter, and Public Bar. If you prefer live music you should head over to the historic U Street Corridor where you can catch a show at the 930 Club which routinely wins national awards for its nightclub and live music venue. Adams Morgan has a myriad of interesting bars to choose from including The Reef, Heaven and Hell, and many more. The H Street Corridor is a great place to stop by for a political trivia night at Argonaut, or to shoot a round of indoor mini golf at the H Street Country Club bar and restaurant. If you are looking to see a show or play, then head over back towards the Capitol to The Kennedy Center, Arena Stage or the Verizon Center for a game or concert.

Conclusion

Overall Washington, DC is a dynamic, diverse, and thriving metropolis that is home to our nation's capital. The DC area includes suburbs in Virginia and Maryland and has numerous forms of transportation available for commuters or tourists. There is perhaps no place in the United States with as much history as DC and that is why people come from far and wide to visit or live here. The renowned Universities in the District attract some of the brightest students in the world and the area is home to so many types of people. There is never a shortage of things to do in DC as there are numerous parks and recreational opportunities. The nightlife, live music, and restaurant scene is unmatched anywhere in the vicinity. From politicians, diplomats, to students, families, and private sector employees DC is a place that many people love to call home.

How To Use Facebook Ads for Real Estate Marketing

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Facebook Arlington VA Real EstateReal estate marketing is an interesting process.  Offline, we create postcards, magnets, handwritten notes, newsletters, Just Listeds, Open Houses, Just Solds and more – and proceed to blanket the neighborhood we’ve chosen to farm with everything.  Oftentimes, it’s on a “drip” basis, so it happens weekly or monthly.  Sometimes, we even take the material door-to-door ... Read More

CENTURY 21 Redwood Realty Integrates Market Statistics Into Neighborhood Pages

Wednesday - 10/1/2014 5:13 pm   /   By Edward Berenbaum, President
October 1, 2014- With our innovative c21redwood.com platform, we strive to keep our clients constantly informed on the latest neighborhood market conditions. Market statistics have been a vital feature on our website since 2011 when we launched our Neighborhood Market Report pages. While these pages were cutting-edge and innovative at the time of their launch, ... Read More

Arlington VA Real Estate Agent Amanda Eiswerth Hosts Yappy Hour

Friday - 9/19/2014 5:13 pm   /   By Edward Berenbaum, Principal Broker
Arlington VA Real Estate Century 21September 19, 2014- Our agents love getting involved with the community, and one of our newer Arlington VA Real Estate agents, Amanda Eiswerth is a testament to that. On Tuesday September 16, 2014, Amanda, CENTURY 21 Redwood Realty, the Animal Welfare League of Arlington, and Lyon Hall all came together as community partners to put ... Read More

800 CRITTENDEN ST NW #A,B,C
WASHINGTON, DC 20011

$595,000
800 CRITTENDEN ST NW #A,B,C, WASHINGTON, DC 20011 Main Home Photo
Beds: 7
Levels: 3
Baths: 3
Year Built: 1923
Sq Ft.: -
Lot Size: 1,700

923 T ST NW
WASHINGTON, DC 20001

$1,075,000
923 T ST NW, WASHINGTON, DC 20001 Main Home Photo
Beds: 4
Levels: 3
Baths: 3.5
Year Built: 1979
Sq Ft.: -
Lot Size: 3,372

3579 13TH ST NW #8 PH-2
WASHINGTON, DC 20010

$799,900
3579 13TH ST NW #8 PH-2, WASHINGTON, DC 20010 Main Home Photo
Beds: 2
Levels: 4
Baths: 2
Year Built: 1890
Sq Ft.: 1,559
Lot Size: -

207 TIGER WAY
BOONSBORO, MD 21713

$334,900
207 TIGER WAY, BOONSBORO, MD 21713 Main Home Photo
Beds: 6
Levels: 3
Baths: 4.5
Year Built: 2006
Sq Ft.: 4,988
Lot Size: 10,067

2013 KEARNY ST NE
WASHINGTON, DC 20018

$674,900
2013 KEARNY ST NE, WASHINGTON, DC 20018 Main Home Photo
Beds: 3
Levels: 4
Baths: 3.5
Year Built: 1910
Sq Ft.: -
Lot Size: 5,600

1702 MONTELLO AVE NE
WASHINGTON, DC 20002

$460,000
1702 MONTELLO AVE NE, WASHINGTON, DC 20002 Main Home Photo
Beds: 4
Levels: 3
Baths: 4
Year Built: 1927
Sq Ft.: 1,786
Lot Size: 1,523

243 HAWAII AVE NE
WASHINGTON, DC 20011

$384,900
243 HAWAII AVE NE, WASHINGTON, DC 20011 Main Home Photo
Beds: 3
Levels: 3
Baths: 2
Year Built: 1942
Sq Ft.: -
Lot Size: 2,062

2120 VERMONT AVE NW #107
WASHINGTON, DC 20001

$409,000
2120 VERMONT AVE NW #107, WASHINGTON, DC 20001 Main Home Photo
Beds: 1
Levels: 1
Baths: 1
Year Built: 2006
Sq Ft.: 669
Lot Size: -

3245 SUTTON PL NW #3245B
WASHINGTON, DC 20016

$577,319
3245 SUTTON PL NW #3245B, WASHINGTON, DC 20016 Main Home Photo
Beds: 2
Levels: 2
Baths: 2.5
Year Built: 1980
Sq Ft.: 1,332
Lot Size: -

2122 CALIFORNIA ST NW #352
WASHINGTON, DC 20008

$485,000
2122 CALIFORNIA ST NW #352, WASHINGTON, DC 20008 Main Home Photo
Beds: 2
Levels: 1
Baths: 1
Year Built: 1905
Sq Ft.: 1,300
Lot Size: -

4711 MOUNT BRIAR RD
KEEDYSVILLE, MD 21756

$250,000
4711 MOUNT BRIAR RD, KEEDYSVILLE, MD 21756 Main Home Photo
Beds: 4
Levels: 2
Baths: 3
Year Built: 2014
Sq Ft.: 2,300
Lot Size: 72,310

1510 MASSACHUSETTS AVE SE
WASHINGTON, DC 20003

$470,000
1510 MASSACHUSETTS AVE SE, WASHINGTON, DC 20003 Main Home Photo
Beds: 2
Levels: 2
Baths: 1
Year Built: 1922
Sq Ft.: 744
Lot Size: 603

22927 CAVETOWN CHURCH RD
SMITHSBURG, MD 21783

$55,000
22927 CAVETOWN CHURCH RD, SMITHSBURG, MD 21783 Main Home Photo
Beds: 3
Levels: 3
Baths: 2
Year Built: 1920
Sq Ft.: -
Lot Size: 21,780

5027 4TH ST NW
WASHINGTON, DC 20011

$370,000
5027 4TH ST NW, WASHINGTON, DC 20011 Main Home Photo
Beds: 4
Levels: 3
Baths: 1.5
Year Built: 1932
Sq Ft.: -
Lot Size: 1,700

3728 BENTON ST NW
WASHINGTON, DC 20007

$970,000
3728 BENTON ST NW, WASHINGTON, DC 20007 Main Home Photo
Beds: 4
Levels: 3
Baths: 3.5
Year Built: 1929
Sq Ft.: -
Lot Size: 1,511

719 JEFFERSON ST NE
WASHINGTON, DC 20011

$348,500
719 JEFFERSON ST NE, WASHINGTON, DC 20011 Main Home Photo
Beds: 3
Levels: 3
Baths: 1.5
Year Built: 1952
Sq Ft.: 1,156
Lot Size: 2,794