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Market Report - 20002 - Washington, DC (Capitol Hill North) 2019 4
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.
April surprisingly showed a price drop to a $648,750 sold price, this is almost at the the 5 year average of $624,300. Growth continues, but this zip includes emerging areas as well; perhaps those are stablizing and moderating price increases?
Homes were sold in 13 days in April which continues the trend from the previous month. The market is accellerating, something we we typically see in spring showed up early. This is quite a bit lower than the 5 year average of 27 days.
A buyers market in April just doesn't exist, with the ratio of sold price to original list price maintaining at 100%, the average for the prior 5 ... more
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