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Market Report - 20024 - Washington, DC SW - 2018 04

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 April shows us a $310,000 Sold price .  This is a smidge higher than last month and the 5 year average of $308,590. On the road to recovery?
The market underperformed for the second month in a row, with the average home being sold in 13 days and the 5 year average being 11.  Hopefully this is a hiccup and not becoming a trend. 
The ratio of sold price to original list price is 100% and the average for the prior five years was 99.8%. Buyers aren't seeing much bargaining this month. 
In summary, many of these numbers can be seen as a ... more

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