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Market Report - 20003 - Washington, DC SE (Capitol Hill South) 2016 10
Capitol Hill is also a neighborhood in Washington, a big village, split halfway across, half in the NE and half in the SE quadrant of Washington, DC.  Politicians work here, but people live here also.
On the south side of this neighborhood is essentially Barracks Row, and the rebirth of the Navy Yard and now the Nationals Park neighborhood.  The Navy Yard has very good Metro access, and is also home to a newer iconic landmark, (Washington baseball) Nationals Park.
Locals are happy they will be seeing the 2018 All Star game, which should bring in yet another round of hotel & commercial construction within the next several months, beyond all the cranes currently in operation.
We continue to see bold sales numbers, such as the $607,000 Sold price in October 2016, this number is a bit lower than the five year average of solds in October at $618,400.
This is a stable market during this time of year as shown with the average home being sold in 17 days which is just sky of the 5 year average of 10. This is a hot market that continues moving fast.
The ratio of sold price to original list price is 100%, the average for the prior 5 years was 100%, again, a stable market during the winter months and leading into ... more

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