Local Real Estate Market


District of Columbia - Sixteenth Street Heights - Zip: 20011 

Location Boundaries: Allison St. on south, Military Road on north, Rock Creek Park & 16th St. on west, Georgia Ave. on east. 


Characteristics: Area of spacious older homes on large lots and larger brick row houses. Some condos coming in. 


Market Report:
* Buyer's or Seller's Market: Strong Seller's Market
* Recent Price Trend: Up Significantly 


Area of large older homes, most built since the 1920s. Lots of renovation in progress, with strong price advances for renovated homes. Sweat equity is still a possiblity here. Numerically, most listings are brick row houses. The single family homes are wonderful. As of 6/15/05:
20 Active listings, average $727,490
4 Under Contract, average $599,750
39 Sold This Year, average $572,775


District of Columbia - Brightwood - Zip: 20012 

Location Boundaries: Rock Creek Park, Alaska Ave, Georgia Ave., Military Road 


Characteristics: Quiet and convenient area of moderate priced, mostly brick detached homes of medium size. 


Market Report:
* Buyer's or Seller's Market: Strong Seller's Market
* Recent Price Trend: Up  


Nice area. One of the few areas of affordable detached homes in Northwest Washington. Very convenient for commuters. As of 6/15/05:
19 Active, average price $536,078
2 Under Contract, average price $415,450
59 Sold since 1/1/05, average $406,395 


District of Columbia - Colonial Village - Zip: 20012 

Boundaries: Upper 16th St., Maryland Border, Rock Creek Park, Holly Street. 


Characteristics: A neighborhood of stately older homes on large lots near Metro, commuter rail, and Beltway. 


Market Report:
* Buyer's or Seller's Market: Strong Buyer's Market
* Recent Price Trend: Up Significantly 


As the DC market continues in unprecedented strength, the demand for prestige homes means $1 million pushes the price envelope on desireable neighborhoods. The beauty and convenience of Colonial Village went under-noticed for years, but that is no more! As of 6/15/05:
3 Active listings, average: $973,333
7 Sold since 1/1/05, average $850,343 


Coming Soon ... Market Reports for the following areas! 

Washington DC (overview)
Takoma Park
Columbia Heights
Silver Spring
Baltimore, MD
Capitol Hill
Chevy Chase
Crestwood
Dupont
Georgetown
Petworth
Shepher Park
Adams Morgan


Ellen Levy
Ellen Levy
Associate Broker