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Market Report - 20024 - Washington, DC SW (DC United) - 2016 12

Councilmember Charles Allen was quoted in the Washington City Paper (8/21/2015) saying "Southwest is an absolutely incredible neighborhood.  It'a neighborhood that has so many things: Metro stations,water access, parks & greenspaces, small and big residential buildings.  A lot of people just didn't realize it was there".
The new DC United soccer stadium (ground breaking was the week of April 17th 2016), as well as the PNHoffman's The Wharf will ensure a lot more people find this neighborhood.
This view shows the stadium in the foreground, the Anacostia River to the right, Washington Nationals Park midway up on the right, and the US Capitol at the top left.
 
Activity in December shows us a $360,000 Sold price, the prior five years average being $320,200. Growth is surely an advantage to sellers in this neighborhood. I'd expect this for some time to come.
The same as the previous month, the market continues to move with the average home being sold in 9 days, the 5 year average being 14; this is a very strong market such that if a buyer chooses to live in the neighborhood, they must act smart and fast, or lose to a faster/smarter buyer.
The ratio of sold price to original list price is 100% and the ... more

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