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Market Report - 20002 - Washington, DC (Capitol Hill North) 2018 05
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 north side, an iconic landmark is Union Station, of which 60,000 use daily, shown here to represent the local perspective. This is a true transportation hub, with Amtrak, suburban rail, intercity bus and the Metro(subway) stations to converge.
As of February 2016, the H Street Trolley now gets people from (almost) Union Station to past the 15th St Starburst.
This view shows the station as you drive up in a cab, or Bikeshare or walk from Capitol Hill on left.
This market mostly stayed the course, but with a tiny hiccup, as we continue to have decent sales with a $640,500 Sold price which is above the the 5 year average of $594,900. Healthy growth continues, but this zip includes emerging areas as well; which helps to stablize and modulate price increases.
Homes were sold in 8 days in May vs. looking at the 5 year average being 8 days. Pricing is leaning more towards a sellers market with the ratio of sold price to original list price maintaining at 100.5%, the average for the prior 5 years is 100.2%. Respectable ... more
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