CAPITOL HILL (NE) HOUSING MARKET DATA

There was a decrease in total units sold in May, with 53 sold this month in Capitol Hill (NE) Real Estate versus 77 last month, a decrease of 31%. This month's total units sold was lower than at this time last year, a decrease of 15% versus May 2024.

Versus last year, the total number of homes available this month is lower by 11 units or 3%. The total number of active inventory this May was 412 compared to 423 in May 2024. This month's total of 412 is lower than the previous month's total supply of available inventory of 435, a decrease of 5%.

Last May, the median sale price for Capitol Hill (NE) Homes was $733,750. This May, the median sale price was $720,000, a decrease of 2% or $13,750 compared to last year. The current median sold price is 6% lower than in April.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 7.8 months of supply available in Capitol Hill (NE), compared to 6.8 in May 2024. That is an increase of 14% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 134 homes newly listed for sale in Capitol Hill (NE) compared to 159 in May 2024, a decrease of 16%. There were 72 current contracts pending sale this May compared to 63 a year ago. The number of current contracts is 14% higher than last May.

In May, the average sale price in Capitol Hill (NE) was 99.0% of the average list price, which is 0.8% lower than at this time last year.

This month, the average number of days on market was 50, higher than the average last year, which was 34, an increase of 47%.





FOCUS ON: CAPITOL HILL (NE) HOUSING MARKET			MAY 2025

Zip Code(s): 20002
Units Sold 53	Active Inventory 412	Median Sale Price $720,000	Days On Market 50

Down -15% Vs. Year Ago	Down -3% Vs. Year Ago	Down -2% Vs. Year Ago	Up 47% Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 53 sold this month in Capitol Hill (NE) Real Estate versus 77 last month, a decrease of 31%. This month's total units sold was lower than at this time last year, a decrease of 15% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 11 units or 3%. The total number of active inventory this May was 412 compared to 423 in May 2024. This month's total of 412 is lower than the previous month's total supply of available inventory of 435, a decrease of 5%.
		Median Sale Price Last May, the median sale price for Capitol Hill (NE) Homes was $733,750. This May, the median sale price was $720,000, a decrease of 2% or $13,750 compared to last year. The current median sold price is 6% lower than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 134	Current Contracts 72	Sold Vs. List Price 99.0%	Months of Supply 7.8

Down -16% Vs. Year Ago	Up 14% Vs. Year Ago	Down -0.8% Vs. Year Ago	Up 14% Vs. Year Ago


		Months of Supply In May, there was 7.8 months of supply available in Capitol Hill (NE), compared to 6.8 in May 2024. That is an increase of 14% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 134 homes newly listed for sale in Capitol Hill (NE) compared to 159 in May 2024, a decrease of 16%. There were 72 current contracts pending sale this May compared to 63 a year ago. The number of current contracts is 14% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Capitol Hill (NE) was 99.0% of the average list price, which is 0.8% lower than at this time last year. Days on Market This month, the average number of days on market was 50, higher than the average last year, which was 34, an increase of 47%.


	Capitol Hill (NE) is defined as properties in zip code 20002.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.