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Market Report - 20003 - Washington, DC SE (Capitol Hill South) 2017 11
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 $757,500 sold price in November 2017, this number is quite a bit higher than the five year average of solds at $662,060.
This is a fast market during this time of year, as shown with the average home being sold in 8 days which is a good bit lower than the 5 year average of 11. This market is doing well.
The ratio of sold price to original list price is 99.7%, the average for the prior 5 years was 99.5%, again, a stable market during the summer moving into fall with a continuing upward trend and asking prices being ... more

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