ADAMS MORGAN AND U STREET HOUSING MARKET DATA

There was an increase in total units sold in April, with 57 sold this month in Adams Morgan and U Street Real Estate versus 54 last month, an increase of 6%. This month's total units sold was higher than at this time last year, an increase of 8% versus April 2024.

Versus last year, the total number of homes available this month is higher by 56 units or 24%. The total number of active inventory this April was 294 compared to 238 in April 2024. This month's total of 294 is higher than the previous month's total supply of available inventory of 279, an increase of 5%.

Last April, the median sale price for Adams Morgan and U Street Homes was $599,000. This April, the median sale price was $650,000, an increase of 9% or $51,000 compared to last year. The current median sold price is 10% lower than in March.

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

In April, there was 5.2 months of supply available in Adams Morgan and U Street, compared to 4.5 in April 2024. That is an increase of 15% 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 122 homes newly listed for sale in Adams Morgan and U Street compared to 125 in April 2024, a decrease of 2%. There were 57 current contracts pending sale this April compared to 61 a year ago. The number of current contracts is 7% lower than last April.

In April, the average sale price in Adams Morgan and U Street was 99.5% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 29, higher than the average last year, which was 27, an increase of 7%.





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

Zip Code(s): 20009
Units Sold 57	Active Inventory 294	Median Sale Price $650,000	Days On Market 29

Up 8% Vs. Year Ago	Up 24% Vs. Year Ago	Up 9% Vs. Year Ago	Up 7% Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 57 sold this month in Adams Morgan and U Street Real Estate versus 54 last month, an increase of 6%. This month's total units sold was higher than at this time last year, an increase of 8% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 56 units or 24%. The total number of active inventory this April was 294 compared to 238 in April 2024. This month's total of 294 is higher than the previous month's total supply of available inventory of 279, an increase of 5%.
		Median Sale Price Last April, the median sale price for Adams Morgan and U Street Homes was $599,000. This April, the median sale price was $650,000, an increase of 9% or $51,000 compared to last year. The current median sold price is 10% lower than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 122	Current Contracts 57	Sold Vs. List Price 99.5%	Months of Supply 5.2

Down -2% Vs. Year Ago	Down -7% Vs. Year Ago	No Change Vs. Year Ago	Up 15% Vs. Year Ago


		Months of Supply In April, there was 5.2 months of supply available in Adams Morgan and U Street, compared to 4.5 in April 2024. That is an increase of 15% 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 122 homes newly listed for sale in Adams Morgan and U Street compared to 125 in April 2024, a decrease of 2%. There were 57 current contracts pending sale this April compared to 61 a year ago. The number of current contracts is 7% lower than last April.
		Sale Price to List Price Ratio In April, the average sale price in Adams Morgan and U Street was 99.5% 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 29, higher than the average last year, which was 27, an increase of 7%.


	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.
	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.