December 2019 Washington, DC Real Estate Market Report

Hey, Uptown!

Here’s your December Real Estate Market update.

Real Estate sales in the District of Columbia surged into record territory last month.  The number of closed sales jumped 17.6% from a year ago. 687 transactions were completed in the month of November. As we predicted last month, the large number of pending sales in the prior month yielded a bumper crop of closed transactions in November.

The median sales price rose 3.3%, compared to the same time last year, to $620,000, which ties the all-time high for the city.

Overall, it is a great to sell, with our market experiencing extremely low inventory and home buyers creating strong demand. Despite the stiff competition, it is also a good time to purchase a home because of the historically low mortgage interest rates.

All of these changes affect your home value. If you want to know the new value of your home, click here!

Washington DC Market Stats

Uptown Home Sale Results

Here are the local home sale results for last month, listed by neighborhood:

16TH STREET HEIGHTS

Address Beds Price
1343 Jefferson St NW 4 $930,000
1421 Buchanan St NW 4 $890,000
1322 Missouri Ave NW #305 2 $350,000
1352 Longfellow St NW #201 1 $270,000
1502 Varnum St NW 4 $1,100,000
1509 Buchanan St NW 4 $1,003,750

BRIGHTWOOD / TAKOMA

Address Beds Price
1612 Van Buren St NW 5 $900,000
6816 Piney Branch Rd NW 5 $785,000
7409 9th St NW 3 $760,000
905 Quackenbos St NW 4 $745,000
6019 4th St NW 4 $719,900
7216 7th St NW 3 $711,000
517 Rittenhouse St NW 4 $645,000
5816 4th St NW 3 $626,000
6319 7th St NW 3 $625,000
711 Rittenhouse St NW 3 $599,900
7435 8th St NW 3 $575,000
1216 Underwood St NW 5 $545,000
7546 NW 8th St NW 3 $475,000
404 Quackenbos St NW 3 $459,975
343 Cedar St NW #301 2 $450,000
609 Roxboro Pl NW 3 $405,000
301 Whittier St NW #304 1 $330,500
6645 Georgia Ave NW #305 0 $160,000

CHILLUM

Address Beds Price
25 Nicholson St NW 4 $765,000

COLONIAL VILLAGE

Address Beds Price
1717 Juniper St NW 5 $1,025,000
1771 Sycamore St NW 4 $86

CRESTWOOD

Address Beds Price
1838 Randolph St NW 5 $1,429,100
4621 Blagden Ter NW 4 $970,000
4601 Blagden Ter NW 3 $760,000

SHEPHERD PARK

Address Beds Price
1505 North Gate Rd NW 5 $1,100,000
1509 Kalmia Rd NW 4 $892,500
1410 Locust Rd NW 4 $700,000
7723 Alaska Ave NW #301 2 $414,000

 

Jennell Alexander, RealtorAbout Love Living DC

Love Living DC is Washington’s #1 real estate team for dependable neighborhood expertise.

If you have any questions about buying, selling or investing in DC real estate, feel free to reach out to me anytime. I’d be happy to help.

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