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Market Report - 20001 - Washington, DC NW (Logan--Shaw) 2018 10
 
This is the neigborhood in Washington, DC.  Everyone wants live here, or to come here to eat and enjoy the city.
Logan Circle is the quintessential NW DC neighborhood.  It simply looks and feels right, without the attitude one finds with the usually older & more established NW neighborhoods.
Penn Quarter, closer to downtown/ Penn. Ave., has the nightlife, clubs and Capital One Arena.
Shaw is blooming overnight, with residential construction and renovations completely changing this neighborhood.
 
Activity in October shows us a $715,000 Sold price, a good bit higher than last month and holding steady to the higher prices we saw earlier in 2018. We compare this to the prior five year average of $644,900 and so we continue to be a bit higher than average. Can the market keep moving up? It bears watching.
Days on market is currently unavailable due to the migration from Matrix to Bright. We hope this metric will be available next month. The 5 year average is currently 11 days.  
The ratio of sold price to original list price is stable at 100%, and identical to the 100% average for the prior 5 years.   Sellers are seeing an advantage to their buyers, but this remains a wonderful neigborhood to call home.
(data from getsmartcharts; photo from www.YourBusyLife.com)
... more

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