Market report, updated

Ledroit Park Home Values and Market Report

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Mcmahanhomes.com
Report prepared by Mcmahanhomes.com Real Broker, LLC

Market at a glance

Over the last 12 months, homes sold for 97.8% of list price in 58 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.07M Sold · $1.05M
$1.3M$1.1M$900K$700K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 6 sales in Feb. Last month: 2.

Where the market stands

All homes in this report, by status.

75homes
Active23 · 31%
Under contract7 · 9%
Sold (12 mo)45 · 60%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$981K
Under contract$463K
Sold$897K

Average days on market

Active86 days
Under contract503 days
Sold58 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 23
Average list price $980,560
Avg. days on market 86 days
Avg. price per ft² $525 Based on 21 of 23 homes
Avg. living area 1,931 ft² Based on 21 of 23 homes
Avg. beds / baths 3.4 / 2.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 21 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

3 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

1901 4th St Nw$1,230
150 V St Nw Unit V205$662
333 U St Nw$634
336 Oakdale Pl Nw$616
2214 Flagler Pl Nw$596
600 U St Nw$562
512 U St Nw Unit 3$558

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2214 1st St NwWashington, DC 20001 654,056$1,600,000$39413 days
158 W St NwWashington, DC 20001 442,517$899,000$35717 days
130 Adams St NwWashington, DC 20001 342,016$997,000$49423 days
515 Florida Ave NwWashington, DC 20001 312,364$645,000$2727 days
333 U St NwWashington, DC 20001 441,458$925,000$6346 days
150 V St Nw Unit V205Washington, DC 20001 22830$550,000$66228 days
523 Florida Ave Nw Unit 2Washington, DC 20001 22982$545,000$55446 days
600 U St NwWashington, DC 20001 442,000$1,125,000$56254 days
512 U St Nw Unit 3Washington, DC 20001 21716$399,900$55819 days
2214 Flagler Pl NwWashington, DC 20001 442,005$1,195,000$59647 days
Mcmahanhomes.com

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Mcmahanhomes.com Real Broker, LLC

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