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How Much For Homes in Popular DC Neighborhoods?

  • March 2nd 2009

by Mark Wellborn

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How Much For Homes in Popular DC Neighborhoods?: Figure 1
Kalorama by NCinDC

Home prices are dropping. That’s no secret in this market. But just how much are homes selling for in DC’s more popular neighborhoods? We looked at current prices in five DC zip codes and compared them with those from a year ago.

Note: We are aware that sections of these neighborhoods fall in other zip codes, so we tried to include those zip codes that encompass the largest parts of the neighborhoods we examined.

20001 — Shaw, LeDroit Park

Avg. Sale Price
(January ’08)		Avg. Sale Price
(January ’09)		 Percentage Change
$471,168$360,474 -23%

20003 — Capitol Riverfront (Nationals Stadium), Capitol Hill

Avg. Sale Price
(January ’08)		 Avg. Sale Price
(January ’09)		 Percentage Change
$617,962 $488,247 -21%

20009 — Adams Morgan, U Street, Kalorama

Avg. Sale Price
(January ’08)		 Avg. Sale Price
(January ’09)		 Percentage Change
$509,962 $463,150 -9.1%

20010 — Petworth, Columbia Heights, Mount Pleasant

Avg. Sale Price
(January ’08)		 Avg. Sale Price
(January ’09)		 Percentage Change
$571,917 $329,500 -42%

20015 — Chevy Chase DC, Tenleytown, Friendship Heights

Avg. Sale Price
(January ’08)		 Avg. Sale Price
(January ’09)		 Percentage Change
$909,108 $715,750 -21.2%

Data from Metropolitan Regional Information Systems

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/how_much_for_homes_in_popular_dc_neighborhoods/600.

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