January 2020 Washington, DC Real Estate Market Report

Happy New Year, Uptown!

Here’s your January Real Estate Market update.

With Santa Claus riding about spreading holiday cheer, the Real Estate market in the District of Columbia dashed into record territory last month.  The number of closed sales jumped 28.4% from a year ago. 746 transactions were completed in the month of December.

The median sales price rose 6%, compared to the same time last year, to $635,000, which set a new all-time high for the city.

Overall, it is a great time 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

January 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
1423 Montague St NW 6 $1,399,000
5515 16th St NW 4 $1,155,000
1533 Upshur St NW 4 $1,091,250
5323 16th St NW 6 $925,000
5925 16th St NW 4 $875,000
1340 Nicholson St NW #7 2 $452,550
1301 Longfellow St NW #102 3 $429,000
1346 Nicholson St NW #301 1 $420,000

BRIGHTWOOD / TAKOMA

Address Beds Price
1448 Whittier Pl NW 4 $820,000
45 Madison St NW 4 $758,000
312 Peabody St NW 3 $753,500
421 Quackenbos St NW 3 $690,000
721 Roxboro Pl NW 3 $650,000
823 Tewkesbury Pl NW 3 $647,000
818 Quintana Pl NW 4 $645,000
519 Rittenhouse St NW 3 $580,000
409 Missouri Ave NW 3 $558,000
612 Quintana Pl NW 3 $555,000
343 Cedar St NW #116 2 $525,000
802 Highland Ave NW 3 $502,000
422 Butternut St NW #101 2 $480,755
7527 9th St NW 3 $475,000
6608 Piney Branch Rd NW 3 $450,000
6645 Georgia Ave NW #109 0 $145,000
6705 6th St NW 4 $985,000
817 Elder St NW 4 $739,000
902 Butternut St NW 3 $700,000

COLONIAL VILLAGE

Address Beds Price
1843 Sudbury Ln NW 4 $1,480,000
1801 Parkside Dr NW 6 $1,100,000
1756 Portal Dr NW 6 $1,075,000

CRESTWOOD

Address Beds Price
4235 Mathewson Dr NW 5 $1,050,000
1619 Varnum St NW 4 $975,000
4403 17th St NW 4 $850,000

SHEPHERD PARK

Address Beds Price
1317 Jonquil St NW 5 $1,329,000
7244 15th Pl NW 3 $735,000
7400 Alaska Ave NW 4 $725,000

 

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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