October 2019 Washington, DC Real Estate Market Report

Hey, Uptown!

Here’s your October Real Estate Market update.

Real Estate activity in the District of Columbia took a seasonal dip last month.  The number of closed sales dropped to 595.  This was the third year in a row that September sales dropped by more than 25% from August.  That’s a trend to keep an eye on.

A boatload of new listings came on the market.  The 1,585 new homes for sales is an 80% spike from August and up a solid 10% from September 2018. It seems as though homeowners are heeding the advice to get their homes for sale sooner, rather than later.  This is the second largest inventory of homes available for sale since 2013.  We’re still in a strong seller’s market. Could the winds finally be changing in favor of home buyers?

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

October 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
1365 Kennedy St NW #408 1  $245,000
1350 Nicholson St NW #9 2  $469,900
1350 Nicholson St NW #10 2  $479,900
1350 Nicholson St NW #12 2  $508,000
1222 Hamilton St NW 3  $608,000
1521 Allison St NW 4  $750,000

BRIGHTWOOD / TAKOMA

Address Beds Price
1446 Tuckerman St NW #107 1  $215,000
812 Tewkesbury Pl NW 3  $419,000
413 Rittenhouse St NW 3  $465,000
720 Tewkesbury Pl NW 3  $560,000
7429 9th St NW 3  $575,000
728 Underwood St NW 3  $634,900
1316 Underwood St NW 3  $636,000
6213 5th St NW 3  $670,000
6303 9th St NW 3  $714,000
6107 7th Pl NW 5  $745,000
5809 3rd Pl NW 4  $800,000
804 Dahlia St NW 4  $879,000

CHILLUM

Address Beds Price
6601 3rd St NW 4  $745,000

CRESTWOOD

Address Beds Price
4861 Blagden Ave NW 4  $849,750
4415 17th St NW 4  $995,000

SHEPHERD PARK

Address Beds Price
7723 Alaska Ave NW #202 2  $370,000
7729 16th St NW 3  $800,000
1373 Locust Rd NW 4  $1,100,000

COLONIAL VILLAGE

Address Beds Price
1821 Redwood Ter NW 3  $875,000
1650 Primrose Rd NW 4  $899,000
1648 Roxanna Rd NW 4  $915,000

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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