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FOCUS ON: ANACOSTIA AND HILLCREST HOUSING MARKET |
MAY 2025 |
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Zip Code(s): 20019, 20020 and 20032 |
Units Sold
53 |
Active Inventory
422 |
Median Sale Price
$375,000 |
Days On Market
46 |
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Down -12%
Vs. Year Ago |
Down -16%
Vs. Year Ago |
Down -9%
Vs. Year Ago |
Down -26%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 53 sold this month in Anacostia and Hillcrest Real Estate. This month's total units sold was lower than at this time last year.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 78 units or 16%. The total number of active inventory this May was 422 compared to 500 in May 2024. This month's total of 422 is lower than the previous month's total supply of available inventory of 469, a decrease of 10%.
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Median Sale Price
Last May, the median sale price for Anacostia and Hillcrest Homes was $412,000. This May, the median sale price was $375,000, a decrease of 9% or $37,000 compared to last year. The current median sold price is 1% higher 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.
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New Listings
131 |
Current Contracts
86 |
Sold Vs. List Price
98.4% |
Months of Supply
8.0 |
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Down -18%
Vs. Year Ago |
Up 65%
Vs. Year Ago |
Up 1.4%
Vs. Year Ago |
Down -4%
Vs. Year Ago |
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Months of Supply
In May, there was 8.0 months of supply available in Anacostia and Hillcrest, compared to 8.3 in May 2024. That is a decrease of 4% 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.
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New Listings & Current Contracts
This month there were 131 homes newly listed for sale in Anacostia and Hillcrest compared to 160 in May 2024, a decrease of 18%. There were 86 current contracts pending sale this May compared to 52 a year ago. The number of current contracts is 65% higher than last May.
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Sale Price to List Price Ratio
In May, the average sale price in Anacostia and Hillcrest was 98.4% of the average list price, which is 1.4% higher than at this time last year.
Days on Market
This month, the average number of days on market was 46, lower than the average last year, which was 62, a decrease of 26%.
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Anacosta and Hillcrest are defined as properties in zip codes 20019/20020/20032. |
*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. |