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Brookland DC zip code 20017 Real Estate Market Report-March 2018

By Lanre-"THE REAL ESTATE FARMER" Folayan

Real Estate Agent with Samson Properties SP98364271

May 19, 2018 10:13 AM

Brookland DC is still one of the many sought after DC Subdivisions for first time home buyers who are moving to the area and buying houses for sale here. And if you are a Real Estate Investor and you brought a Brookland DC House for sale last year even if it wasn't an investment property,you will be happy you did once you read this Brookland DC Real Estate Market Report.

Here is the Brookland DC zip code 20017 Real Estate Market Report-March 2018

Average median sold price of a Brookland DC zip code 20017 House in March 2018 was $621,250. That is up 38.06% from March 2017 when the average median sold price of a Brookland DC zip code 20017 House was $450,000.
28 Brookland DC zip code 20017 Houses for sale sold in March 2018. That is only 1 house less in March 2017 when 29 Brookland DC Houses for sale SOLD.
Average days on the market of a Brookland DC zip code 20017 House sold was 46 days in March 2018. That is up 24.32% from March 2017 when the average days on the market of a Brookland DC zip code 20017 House sold was 37 days.
Average selling price to original list price ratio of a Brookland DC zip code 20017 House sold in March 2018 was 97.2%. That is down 2.60% from March 2017 when it was 99.8%.
Total Sold Dollar Volume of Brookland DC zip code 20017 Houses sold in March 2018 was $17,183,833. That is up 24.49% when in March 2017 the total sold dollar volume of Brookland DC zip code 20017 was $13,803,347.
22 out of the 28 Brookland DC zip code 20017 Houses sold in March 2018 were purchased with a Conventional loan.
3 out of the 28 Brookland DC zip code 20017 Houses sold in March 2018 were purchased with CASH.
1 out of the 28 Brookland DC zip code 20017 Houses sold in March 2018 were purchased with a VA Loan.
1 out of the 28 Brookland DC zip code 20017 Houses sold in March 2018 were purchased with a FHA Loan.
1 out of the 28 Brookland DC 20017 zip code Houses that were sold in March 2017 were purchased with a other kind of loan.
23 out of the 28 Brookland DC houses for sale in the zip code 20017 were sold in 90 days or less.
20 out of the 28 Brookland DC Houses sold in the zip code 20017 were sold in 60 days or less.
15 out of the 28 Brookland DC Houses sold in the 20017 zip code were sold in 30 days or less.

Brookland DC zip code 20017 House for sale-715 DELAFIELD ST NE, WASHINGTON, DC 20017

715 DELAFIELD ST NE WASHINGTON DC 20017. HOUSE FOR SALE. This Brookland DC lovely detached house has 3 bedrooms,1.5 baths and a basement. Main level with open format. Hardwood floors throughout the property.Basement waiting for your finishing touches includes plumbing for half bath. It is a .6 mile walk to the Fort Totten Station. Sold As Is. Listed for sale for only $499,000.

Listing courtesy of Long and Foster Real Estate Inc.

Brookland DC have seen a great increase in Average median sold price and Total Sold Volume. Homeowners who brought a house in Brookland DC in March 2017 saw their house increase over $170,000 in value in March 2018. That alone should make anybody seriously considering buying a house in Brookland DC.715 DELAFIELD ST NE WASHINGTON DC 20017

Brookland is also among many neighborhoods that are growing throughout Washington DC that are looking for new ways to foster activity and bring more people in. They are increasingly turning to business improvement districts to help them compete. According to an April 2018 article on Bisnow.com BIDding War: At Least 5 New BIDs In The Works Across D.C it stated that "The Greater Brookland BID would include Brookland and parts of Edgewood, Eckington and Brentwood, so MRP Realty's Michael Skena said it aims to create a unified identity."

Also read this Brookland DC Real Estate Market Report to see how the Real Estate Market was almost four years ago in Brookland DC

Brookland DC Real Estate Market Report-October 2014

And if you know anyone who is looking to buy and/or sell a house in Brookland DC zip code 20017 and/or its surrounding subdivisions/areas,I would love to be your Exclusive Real Estate Professional. You can call or text me at 202-378-0283. Or send me an email to DChomesforsale@gmail.com.