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Market Report - 20024 - Washington, DC SW - 2018 03

This quote is getting older, but even more relevant in 2018. 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".
Audi Field, home of DC United Soccer, as well as 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 March shows us a $308,350 Sold price .  This is lower than last month and even the 5 year average of $330,470. Hopefully this is a hiccup and bears watching.
The market underperformed for the second month in a row, with the average home being sold in 24 days and the 5 year average being 13.  Hopefully this is a hiccup and not becoming a trend as indicated from the previous month, but again perhaps thats due to the colder than average temperatures keeping people away. 
The ratio of sold price to original list price is 95.8% and the average for the ... more

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