ADAMS MORGAN AND U STREET HOUSING MARKET DATA

The number of units sold remained stable in May, with 57 sold this month in Adams Morgan and U Street Real Estate. This month's total units sold was lower than at this time last year, a decrease of 19% versus May 2024.

Versus last year, the total number of homes available this month is higher by 49 units or 19%. The total number of active inventory this May was 302 compared to 253 in May 2024. This month's total of 302 is lower than the previous month's total supply of available inventory of 329, a decrease of 8%.

Last May, the median sale price for Adams Morgan and U Street Homes was $610,000. This May, the median sale price was $605,000, a decrease of 1% or $5,000 compared to last year. The current median sold price is 7% 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 5.3 months of supply available in Adams Morgan and U Street, compared to 3.5 in May 2024. That is an increase of 53% 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 112 homes newly listed for sale in Adams Morgan and U Street compared to 138 in May 2024, a decrease of 19%. There were 75 current contracts pending sale this May compared to 70 a year ago. The number of current contracts is 7% higher than last May.

In May, the average sale price in Adams Morgan and U Street was 98.7% of the average list price, which is 1.8% lower than at this time last year.

This month, the average number of days on market was 31, higher than the average last year, which was 23, an increase of 35%.





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

Zip Code(s): 20009
Units Sold 57	Active Inventory 302	Median Sale Price $605,000	Days On Market 31

Down -22% Vs. Year Ago	Up 19% Vs. Year Ago	Down -1% Vs. Year Ago	Up 35% Vs. Year Ago


		Units Sold The number of units sold remained stable in May, with 57 sold this month in Adams Morgan and U Street Real Estate. This month's total units sold was lower than at this time last year, a decrease of 19% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 49 units or 19%. The total number of active inventory this May was 302 compared to 253 in May 2024. This month's total of 302 is lower than the previous month's total supply of available inventory of 329, a decrease of 8%.
		Median Sale Price Last May, the median sale price for Adams Morgan and U Street Homes was $610,000. This May, the median sale price was $605,000, a decrease of 1% or $5,000 compared to last year. The current median sold price is 7% 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 112	Current Contracts 75	Sold Vs. List Price 98.7%	Months of Supply 5.3

Down -19% Vs. Year Ago	Up 7% Vs. Year Ago	Down -1.8% Vs. Year Ago	Up 53% Vs. Year Ago


		Months of Supply In May, there was 5.3 months of supply available in Adams Morgan and U Street, compared to 3.5 in May 2024. That is an increase of 53% 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 112 homes newly listed for sale in Adams Morgan and U Street compared to 138 in May 2024, a decrease of 19%. There were 75 current contracts pending sale this May compared to 70 a year ago. The number of current contracts is 7% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Adams Morgan and U Street was 98.7% of the average list price, which is 1.8% lower than at this time last year. Days on Market This month, the average number of days on market was 31, higher than the average last year, which was 23, an increase of 35%.


	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.