July 2019 Uptown Washington Real Estate Report
Hey, Washington! Here’s your July Real Estate update.
Real Estate activity in the District of Columbia continued on a scorching pace last month. The median sales price rose to an all-time high of $620,000, up 2.8% or $17, 360 compared to last year. It was up 3.2% from last month.
The fastest price growth was in the detached 3 bedroom home category, which had a spurt of 13% over last year. Detached 2 bedroom homes saw the biggest decline at 21%.
The number of closed sales dropped 3.7% to 857 units. This represented a notable drop of 7.5% from last month, despite the surprising return of record low mortgage interest rates. With the Federal Reserve signalling another rate cut soon, now may be a great time to consider making a move.
Homeowners continued to respond to the rising sales prices by putting new homes on the market. The 1,561 homes currently on the market in the city is 10% above our five-year average.
All of these changes affect your home value. If you want to know the new value of your home, click here!
Uptown Home Sale Results
Here are the local home sale results, listed by neighborhood:
16TH STREET HEIGHTS
Address | Beds | Price |
1425 Madison St NW | 7 | $1,165,000 |
1358 Ingraham St NW | 5 | $1,084,000 |
5401 13th St NW | 5 | $1,030,000 |
1410 Hamilton St NW | 3 | $885,000 |
1404 Crittenden St NW | 4 | $835,000 |
4508 15th St NW | 3 | $830,000 |
1305 Buchanan St NW | 3 | $700,000 |
4739 13th St NW | 5 | $680,500 |
1232 Emerson St NW | 5 | $625,000 |
1357 Montague St NW | 3 | $600,000 |
BRIGHTWOOD / TAKOMA
Address | Beds | Price |
1441 Whittier St NW | 4 | $885,000 |
614 Aspen St NW | 3 | $830,000 |
410 Marietta Pl NW | 4 | $741,000 |
6747 13th Pl NW | 4 | $735,000 |
1355 Tewkesbury Pl NW | 4 | $675,000 |
427 Peabody St NW | 4 | $647,000 |
604 NW Whittier St NW | 4 | $630,000 |
1309 Whittier Pl NW | 3 | $625,000 |
6543 N Capitol St NE | 3 | $620,000 |
6002 3rd St NW | 4 | $540,000 |
6900 Willow St NW | 2 | $480,000 |
6424 North Capitol St NW | 3 | $452,000 |
609 Tewkesbury Pl NW | 2 | $425,000 |
422 Butternut St NW #T-4 | 2 | $410,000 |
47 Sheridan St NE | 2 | $373,000 |
CHILLUM
Address | Beds | Price |
5519 2nd St NW | 4 | $792,500 |
124 Quackenbos St NW | 4 | $790,000 |
124 Quackenbos St NW | 4 | $790,000 |
53 Nicholson St NW | 4 | $640,000 |
23 Longfellow St NE | 3 | $556,776 |
CRESTWOOD
Address | Beds | Price |
3904 18th St NW | 5 | $1,560,000 |
1929 Upshur St NW | 4 | $1,400,000 |
1727 Upshur St NW | 4 | $1,149,000 |
1745 Upshur St NW | 4 | $1,100,000 |
4717 Colorado Ave NW | 5 | $1,075,000 |
SHEPHERD PARK
Address | Beds | Price |
7708 Morningside Dr NW | 5 | $1,185,000 |
7600 Morningside Dr NW | 4 | $1,005,000 |
7801 14th St NW | 4 | $925,000 |
1540 Roxanna Rd NW | 4 | $910,000 |
7723 Alaska Ave NW #302 | 2 | $430,000 |
COLONIAL VILLAGE
Address | Beds | Price |
7760 16th St NW | 5 | $1,150,000 |
7935 Orchid St NW | 4 | $910,000 |
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