Takoma
Takoma

Takoma Homes for Sale

Sold Listings

343 CEDAR ST NW #313
$509,000 | 2 Beds | 2.5 Baths
7110 7TH ST NW
$1,325,000 | 6 Beds | 4.5 Baths
500 DAHLIA ST NW
$1,275,000 | 5 Beds | 2.5 Baths

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: 5/15/2021
M/M Y/Y
Homes for Sale 9 +55.6% +33.3%
Months Inventory 1.40 +47.9% +6.4%
Contracts Pending 11 -45.5% +45.5%
Solds: 90 Day 19 +36.8% +78.9%
Average List Price/Sold Price 108.93% +3.6% +3.7%
Active/Pending Ratio 0.82 +69.5% -22.0%
Average Price M/M Y/Y
Active $506,289 +9.2% -58.6%
Pending $551,714 -9.9% -5.2%
90 Day Sold $666,284 +1.8% -5.0%
Median Price
Active $409,900 +0.1% -88.3%
Pending $554,950 -2.3% +17.1%
90 Day Sold $540,000 -28.5% -24.1%
Days on Market
Active 46.67 -54.3% -311.0%
Pending 75.93 +32.6% +7.8%
90 Day Sold 6.79 -167.6% -341.8%
M/M Y/Y
Homes for Sale 2 +50.0% -50.0%
Months Inventory 0.63 +47.6% -104.8%
Contracts Pending 2 -100.0% -150.0%
Solds: 90 Day 5 0.0% +60.0%
Average List Price/Sold Price 113.96% +6.7% +3.7%
Active/Pending Ratio 1.00 +75.0% +40.0%
Average Price M/M Y/Y
Active $911,500 +9.5% -0.9%
Pending $610,975 -19.3% -2.0%
90 Day Sold $1,060,800 +9.2% +31.2%
Median Price
Active $911,500 +9.5% +9.5%
Pending $608,000 -18.5% +12.9%
90 Day Sold $933,000 +1.9% +21.8%
Days on Market
Active 117.00 -67.5% -42.2%
Pending 246.75 +36.7% +67.0%
90 Day Sold 6.80 -358.8% +33.8%
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 5 +60.0% +60.0%
Average List Price/Sold Price 110.12% +4.2% +9.2%
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $0 N/A N/A
Pending $437,450 -27.6% +25.7%
90 Day Sold $744,399 +6.8% +10.0%
Median Price
Active $0 N/A N/A
Pending $437,450 -31.4% +25.7%
90 Day Sold $734,500 +5.5% +8.8%
Days on Market
Active 0.00 N/A N/A
Pending 5.00 +66.6% +60.0%
90 Day Sold 3.60 -66.7% -1,441.7%
M/M Y/Y
Homes for Sale 7 +57.1% N/A
Months Inventory 2.80 +48.6% N/A
Contracts Pending 7 -28.6% N/A
Solds: 90 Day 9 +44.4% N/A
Average List Price/Sold Price 101.29% +0.6% N/A
Active/Pending Ratio 1.00 +67.0% N/A
Average Price M/M Y/Y
Active $390,514 +13.5% N/A
Pending $550,650 -0.3% N/A
90 Day Sold $403,711 +18.3% N/A
Median Price
Active $399,900 0.0% N/A
Pending $512,400 -0.5% N/A
90 Day Sold $350,000 +4.9% N/A
Days on Market
Active 26.57 -15.4% N/A
Pending 8.25 +9.7% N/A
90 Day Sold 8.56 -16.8% N/A

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)
42 Homes for Sale
Today's Median Price $654,500
Riggs Park / Michigan Park
11 Homes for Sale
Today's Median Price $607,500
Brightwood / Manor Park
43 Homes for Sale
Today's Median Price $625,000

Public Schools near Takoma

Powell Elementary School
14 Homes for Sale
Today's Median Price $649,500
Bruce-Monroe Elementary School
24 Homes for Sale
Today's Median Price $612,500
Takoma Education Campus
12 Homes for Sale
Today's Median Price $532,500