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The DC Neighborhoods With the Best Price Appreciation in 2018

  • June 15th 2018

by UrbanTurf Staff

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The DC Neighborhoods With the Best Price Appreciation in 2018: Figure 1
A home the sold earlier this year in Forest Hills. 

Today, UrbanTurf is taking its bi-annual look at the neighborhoods across the city that have seen the highest price appreciation this year.

In the table below, we outline the six neighborhoods in the city that have seen the largest increase in home values so far in 2018. In order to qualify for the list, a neighborhood had to record at least 15 sales this year. UrbanTurf used legal subdivision statistics from Bright MLS to compile the list.

The DC Neighborhoods With the Best Price Appreciation in 2018: Figure 2
Click to enlarge.

Much like last year, the two neighborhoods leading the way are on opposite sides of the city. Trinidad saw a 33 percent increase in prices between 2017 and 2018 while Forest Hills, an upper Northwest neighborhood along Connecticut Avenue NW, has seen prices rise 23 percent. Rounding out the top six are Anacostia, Eckington, Michigan Park and Kalorama.

For comparison purposes, here are the neighborhoods with the highest price appreciation between 2017 and 2018 at this point last year: 

The DC Neighborhoods With the Best Price Appreciation in 2018: Figure 3

Correction -- An earlier version of the first table in this article had the statistics for Trinidad reversed.

See other articles related to: dc home price appreciation, price appreciation

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/the-dc-neighborhoods-with-the-best-price-appreciation-in-2018/14122.

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