The Long & Foster Market Minute

FOCUS ON: ADAMS MORGAN AND U STREET HOUSING MARKET AUGUST 2025

Zip Code(s): 20009
Units Sold
63
Active Inventory
238
Median Sale Price
$725,000
Days On Market
37
Up 21%
Vs. Year Ago
Down -6%
Vs. Year Ago
Up
Vs. Year Ago
Up 23%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in August, with 63 sold this month in Adams Morgan and U Street Real Estate versus 68 last month, a decrease of 7%. This month's total units sold was higher than at this time last year, an increase of 21% versus August 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 14 units or 6%. The total number of active inventory this August was 238 compared to 252 in August 2024. This month's total of 238 is lower than the previous month's total supply of available inventory of 287, a decrease of 17%.

Median Sale Price
Last August, the median sale price for Adams Morgan and U Street Homes was $513,000. This August, the median sale price was $725,000, an increase of $212,000 compared to last year. The current median sold price is higher than in July.

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


New Listings
59
Current Contracts
51
Sold Vs. List Price
98.5%
Months of Supply
3.8
Down -45%
Vs. Year Ago
Up 16%
Vs. Year Ago
Up 0.7%
Vs. Year Ago
Down -22%
Vs. Year Ago

Months of Supply
In August, there was 3.8 months of supply available in Adams Morgan and U Street, compared to 4.8 in August 2024. That is a decrease of 22% 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 59 homes newly listed for sale in Adams Morgan and U Street compared to 107 in August 2024, a decrease of 45%. There were 51 current contracts pending sale this August compared to 44 a year ago. The number of current contracts is 16% higher than last August.

Sale Price to List Price Ratio
In August, the average sale price in Adams Morgan and U Street was 98.5% of the average list price, which is 0.7% higher than at this time last year.

Days on Market
This month, the average number of days on market was 37, higher than the average last year, which was 30, an increase of 23%.

The Long & Foster Market Minute Adams Morgan and U Street are defined as properties in zip code 20009
*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.