The Long & Foster Market Minute

FOCUS ON: CAPITOL HILL (SE) HOUSING MARKET JUNE 2025

Zip Code(s): 20003
Units Sold
43
Active Inventory
139
Median Sale Price
$960,000
Days On Market
32
Up 16%
Vs. Year Ago
Down -5%
Vs. Year Ago
Down -4%
Vs. Year Ago
Up 33%
Vs. Year Ago

Units Sold
There was an increase in total units sold in June, with 43 sold this month in Capitol Hill (SE) Real Estate versus 40 last month, an increase of 8%. This month's total units sold was higher than at this time last year, an increase of 16% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 7 units or 5%. The total number of active inventory this June was 139 compared to 146 in June 2024. This month's total of 139 is lower than the previous month's total supply of available inventory of 170, a decrease of 18%.

Median Sale Price
Last June, the median sale price for Capitol Hill (SE) Homes was $1,003,000. This June, the median sale price was $960,000, a decrease of 4% or $43,000 compared to last year. The current median sold price is 3% higher than in May.

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


New Listings
54
Current Contracts
42
Sold Vs. List Price
98.8%
Months of Supply
3.2
Down -21%
Vs. Year Ago
Up 27%
Vs. Year Ago
Down -1%
Vs. Year Ago
Down -18%
Vs. Year Ago

Months of Supply
In June, there was 3.2 months of supply available in Capitol Hill (SE), compared to 3.9 in June 2024. That is a decrease of 18% 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 54 homes newly listed for sale in Capitol Hill (SE) compared to 68 in June 2024, a decrease of 21%. There were 42 current contracts pending sale this June compared to 33 a year ago. The number of current contracts is 27% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Capitol Hill (SE) was 98.8% of the average list price, which is 1.0% lower than at this time last year.

Days on Market
This month, the average number of days on market was 32, higher than the average last year, which was 24, an increase of 33%.

The Long & Foster Market Minute 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.
REALTOR, Equal Opportunity HousingInformation 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.