 |
|
 |
|
| FOCUS ON: CAPITOL HILL (SE) HOUSING MARKET |
SEPTEMBER 2025 |
|
| Zip Code(s): 20003 |
Units Sold
33 |
Active Inventory
155 |
Median Sale Price
$950,000 |
Days On Market
36 |
|
|
|
|
|
No Change
Vs. Year Ago |
Up 21%
Vs. Year Ago |
Up 9%
Vs. Year Ago |
Down -12%
Vs. Year Ago |
|
|
|
|
Units Sold
There was a decrease in total units sold in September, with 33 sold this month in Capitol Hill (SE) Real Estate, a decrease of 8%. This month's total units sold is similar compared to a year ago.
|
Active Inventory
Versus last year, the total number of homes available this month is higher by 27 units or 21%. The total number of active inventory this September was 155 compared to 128 in September 2024. This month's total of 155 is higher than the previous month's total supply of available inventory of 154, an increase of 1%.
|
|
|
|
Median Sale Price
Last September, the median sale price for Capitol Hill (SE) Homes was $875,000. This September, the median sale price was $950,000, an increase of 9% or $75,000 compared to last year. The current median sold price is 21% higher than in August.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
|
|
|
|
New Listings
63 |
Current Contracts
34 |
Sold Vs. List Price
98.7% |
Months of Supply
4.7 |
|
|
|
|
|
Up 13%
Vs. Year Ago |
Down -3%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 21%
Vs. Year Ago |
|
|
|
|
Months of Supply
In September, there was 4.7 months of supply available in Capitol Hill (SE), compared to 3.9 in September 2024. That is an increase of 21% 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 63 homes newly listed for sale in Capitol Hill (SE) compared to 56 in September 2024, an increase of 13%. There were 34 current contracts pending sale this September compared to 35 a year ago. The number of current contracts is 3% lower than last September.
|
|
|
|
Sale Price to List Price Ratio
In September, the average sale price in Capitol Hill (SE) was 98.7% of the average list price, which is similar compared to a year ago.
Days on Market
This month, the average number of days on market was 36, lower than the average last year, which was 41, a decrease of 12%.
|
|
|
 |
Capitol Hill (SE) is defined as properties in zip code 20003. |
| *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. |