What's Hot: A Look at the Alternatives to a 30-Year Mortgage | Victoria's Secret Looks Poised To Return To Georgetown
The Fastest Moving Prices in DC: The Palisades Market, By the Numbers
✉️ Want to forward this article? Click here.

With the spring housing market underway, UrbanTurf is taking its annual look at the neighborhood markets around the DC region. Today, we head to over to Palisades.
There are two main things happening in the housing market for this upper NW DC neighborhood in 2022: prices have risen the most of any neighborhood in the city and, perhaps consequently, home sales are down about 35% compared to the same period last year. The drop in sales may also be due to a lack of inventory. There is about a 3-week supply of homes for sale on the market currently, down 40% compared to the same time last year.
story continues below
story continues above
Below are some additional statistics we picked out about the Palisades market.
- 62% -- The increase in median home price this year, thanks largely to the price of three-bedroom detached houses.
- 50% -- The percentage of homes that are selling in ten days of less in 2022.
- $1.85 million -- The average sales price for a detached home in the Palisades.
- 1.80 -- The contract ratio for Palisades in April.
Similar Posts:
- Almost Always Above Asking: The AU Park Housing Market, By the Numbers
- Heavy Competition: The Del Ray Housing Market, By the Numbers
- Still One of DC's Priciest: The Georgetown Market, By the Numbers
- Low Supply, Big Premiums: The Chevy Chase Housing Market, By the Numbers
See other articles related to: palisades, palisades home prices, palisades housing market, the palisades
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/the-fastest-moving-prices-in-dc-the-palisades-market-by-the-numbers/19662.
Most Popular... This Week • Last 30 Days • Ever

The projects on the Maryland and DC sides of the Friendship Heights neighborhood incl... read »

When it comes to financing a home purchase, a 30-year mortgage is one of the most com... read »

While the buildings at The Wharf are generally all finished, there are still a couple... read »

Approximately 34% of renters in the DC region are looking for rentals in other metro ... read »

The Sidney is currently offering special pre-sale pricing, a 2.25% seller credit, and... read »
- Mall Conversions, Trader Joe's And The Thousands Of Units Coming To Friendship Heights
- A Look at the Alternatives to a 30-Year Mortgage
- The Final Two Developments On The Boards Around The Wharf
- A Look At The Renters Moving In And Out Of DC
- Sales Are Moving Quickly at The Sidney, One of DC's Only Large Condos Coming in 2025
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro