Should I buy a Row house in Mount Pleasant DC or Petworth DC?
Many first time DC home buyers are faced with this dilemna. When you can't decide between two areas that you are interested in,you want to write down your wants in one columm and needs in another column.
For instance you might want a house with good space and in a certain price that you are comfortable paying the amount. But it won't be next to the Starbucks Coffee Shop,Gold's Gym,Restaurants or near clubs that you like to go. So why one house might have one thing,you might not have something else that you want. So what is a DC home buyer to do? Well one thing you can do is review these charts:
Market Stability Summary
Mount Pleasant zipcode-20010 | Petworth zipcode-20011 | |
Median Listing Price* |
$470,180
|
$428,790
|
Median Days on Market* |
35
|
38
|
Active Listings* |
34
|
112
|
Percentage of Distressed Listings* |
5.9%
|
17.0%
|
Annual Residential Turnover |
14%
|
10%
|
5+ Years in Residency |
32%
|
42%
|
Median Years in Residency |
3
|
4
|
* Single Family Homes and Condos Only
20010 |
20011 | |
Median Age |
33
|
40
|
Married |
20%
|
24%
|
Number of Homes |
11,350
|
21,566
|
Household Size |
2.7
|
2.6
|
Homes with Children |
25%
|
25%
|
Total Population |
31,010
|
57,296
|
Population Growth (since 2000) |
4%
|
-1%
|
Population Density (ppl/mile) |
28,956
|
10,118
|
For more information that would help you know more about both Mount Pleasant DC and Petworth DC such as Property Ownership,School summary,Price Trends-Sold vs. Listed and Market Inventory Trends Click here.
Hope this blog was helpful to you in making your decision on where should you buy a row house between Mt.Pleasant or Petworth?
Also you can Search Mount Pleasant DC Homes on sale here or Search Petworth DC Homes on sale here. I would love to be your Buyer's agent or listing agent whenever you want to sell your DC house.
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