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Market Report - 20003 - Washington, DC (Capitol Hill South) 2020 04
Capitol Hill is not only a political idea, it is also a big village, a neighborhood 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 south side of this neighborhood is Barracks Row, and the ever growing and popular Navy Yard with the Nationals Park neighborhood.  Let's consider there will be very litle foot traffic here in the summer of 2020.
The Navy Yard has very good Metro access, and is also home to baseball's Nationals Park. This neighborhood has also become the 'it' neigborhood, growing faster than any other in the past year.  All the residential growth has fueled demand for lots of new neighborhood amenities, which brings more people.  It certainly fees like a 'new' city. And FINALLY in 2019, it's now a World Series city for certain.
We see another price drop from the previous month, but again, this was expected due to the COVID lockdown with a decrease to a $630,000 sold price in April 2020.  This price is lower than the five year average of solds at $696,910, but we can't complain as we expect this will rebound quickly after the city reopens completely.
For the month of April, most ... more

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