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The DC-Area's 20 Million-Dollar Neighborhoods

  • July 7th 2023

by UrbanTurf Staff

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A home for sale in Georgetown. 

As home prices remain stable and even continue to rise in sections of the regional housing market, UrbanTurf took a look to see where prices are generally highest in the DC area.  

Our analysis, with data provided by Bright MLS, found that there are nearly 20 neighborhoods and communities where the median home price exceeds $1 million in 2023. 

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Click to enlarge. 

DC million-dollar mainstays Spring Valley and Berkley top the list as the only areas with median prices exceeding $2 million. Six upper Northwest DC neighborhoods such as Palisades and Colonial Village crowd the $1.5 million to $1.7 million range. 

Outside of DC, larger areas such as Great Falls ($1.492 million), Potomac ($1.3 million) and Bethesda ($1.125 million) all make the million-dollar list. Despite the lofty prices for the areas in the table above, most have seen price increases compared to 2022. 

Photo courtesy of HomeVisit.

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/the_dc-areas_20_million-dollar_neighborhoods/21220.

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