Takoma
Takoma

Takoma Real Estate

Homes for sale in Washington DC's Takoma

Guide to Takoma

Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 10/27/2021
M/M Y/Y
Homes for Sale 10 +10.0% +60.0%
Months Inventory 1.50 +10.0% +49.3%
Contracts Pending 5 -20.0% -20.0%
Solds: 90 Day 22 +18.2% +40.9%
Average List Price/Sold Price 101.74% +0.6% -5.9%
Active/Pending Ratio 2.00 +25.0% +66.5%
Average Price M/M Y/Y
Active $664,600 -16.0% -4.9%
Pending $586,500 +2.4% -5.3%
90 Day Sold $644,898 -0.7% -26.0%
Median Price
Active $656,100 -21.8% -18.1%
Pending $555,000 -9.5% +0.2%
90 Day Sold $614,950 +2.0% -30.9%
Days on Market
Active 49.70 +39.2% +60.3%
Pending 170.00 +15.0% +65.5%
90 Day Sold 16.91 +4.4% -35.1%
M/M Y/Y
Homes for Sale 1 -100.0% -200.0%
Months Inventory 0.38 -86.8% -171.1%
Contracts Pending 3 0.0% +33.3%
Solds: 90 Day 12 +16.7% +16.7%
Average List Price/Sold Price 101.60% +1.1% -6.9%
Active/Pending Ratio 0.33 -103.0% -354.5%
Average Price M/M Y/Y
Active $1,600,000 +21.9% +49.0%
Pending $711,600 -0.9% -22.0%
90 Day Sold $802,813 +0.4% -14.0%
Median Price
Active $1,600,000 +21.9% +46.9%
Pending $599,000 -8.5% -46.1%
90 Day Sold $722,500 0.0% -22.6%
Days on Market
Active 51.00 +72.5% +61.4%
Pending 268.20 +15.7% +59.6%
90 Day Sold 11.75 -11.5% -122.1%
M/M Y/Y
Homes for Sale 0 N/A N/A
Months Inventory 0.00 N/A N/A
Contracts Pending 2 +50.0% +50.0%
Solds: 90 Day 3 +33.3% +66.7%
Average List Price/Sold Price 101.11% -0.5% -5.0%
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $0 N/A N/A
Pending $392,000 +17.1% +17.1%
90 Day Sold $634,967 -2.8% +24.9%
Median Price
Active $0 N/A N/A
Pending $392,000 +17.1% +17.1%
90 Day Sold $599,900 -8.8% +20.5%
Days on Market
Active 0.00 N/A N/A
Pending 6.00 +66.7% +66.7%
90 Day Sold 34.00 +83.8% +58.8%
M/M Y/Y
Homes for Sale 9 +22.2% +88.9%
Months Inventory 3.00 +17.7% +81.0%
Contracts Pending 0 N/A N/A
Solds: 90 Day 7 +14.3% +71.4%
Average List Price/Sold Price 102.71% -0.2% +1.6%
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $560,667 -13.1% +39.5%
Pending $350,000 +5.0% -8.1%
90 Day Sold $378,443 -5.4% -23.5%
Median Price
Active $649,000 -2.2% +47.8%
Pending $350,000 +5.0% -4.9%
90 Day Sold $341,000 -24.3% -37.1%
Days on Market
Active 49.56 +29.7% +59.6%
Pending 7.00 -64.3% -53.6%
90 Day Sold 18.43 -34.7% +40.3%

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Takoma 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 Takoma 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 Takoma 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 Takoma 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 Takoma

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 Takoma homes that sold in the past 90 days.

Insight

Why not Evolve?

There is a little spot in Takoma Park named Evolve. It is a Vegan eatery. Is it special? Well, guess who stopped in one day for dinner. Music legend, Stevie Wonder made a surprise visit to Evolve Vegan Restaurant, at 341 Cedar Street NW, in the Takoma neighborhood of Washington, DC last evening for dinner. Evolve Vegan Restaurant owner, Baruch Ben-Yehudah, known as Dr. Baruch, welcomed Wonder and his dining companions and entourage. Wonder ordered Evolve favorites including southern fried chick-un, mac and cheese, collard greens, yams, coleslaw, couscous and finished with German chocolate cake. Hmmm, why not Evolve!

Real Estate Near Takoma

Takoma (Metro)
51 Homes for Sale
Today's Median Price $650,250
Riggs Park / Michigan Park
26 Homes for Sale
Today's Median Price $599,000
Brightwood / Manor Park
54 Homes for Sale
Today's Median Price $662,750

Public Schools near Takoma

Powell Elementary School
34 Homes for Sale
Today's Median Price $650,000
Bruce-Monroe Elementary School
34 Homes for Sale
Today's Median Price $625,000
Takoma Education Campus
15 Homes for Sale
Today's Median Price $639,500