The Long & Foster Market Minute

FOCUS ON: ANACOSTIA AND HILLCREST HOUSING MARKET APRIL 2025

Zip Code(s): 20019, 20020 and 20032
Units Sold
36
Active Inventory
405
Median Sale Price
$357,500
Days On Market
61
Down
Vs. Year Ago
Down -13%
Vs. Year Ago
Down -7%
Vs. Year Ago
Up 20%
Vs. Year Ago

Units Sold
With relatively few transactions, there was a decrease in total units sold in April, with 36 sold this month in Anacostia and Hillcrest Real Estate. This month's total units sold was lower than at this time last year, a decrease from April 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 61 units or 13%. The total number of active inventory this April was 405 compared to 466 in April 2024. This month's total of 405 is lower than the previous month's total supply of available inventory of 422, a decrease of 4%.

Median Sale Price
Last April, the median sale price for Anacostia and Hillcrest Homes was $384,500. This April, the median sale price was $357,500, a decrease of 7% or $27,000 compared to last year. The current median sold price is 7% 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
130
Current Contracts
74
Sold Vs. List Price
97.2%
Months of Supply
11.3
Down -16%
Vs. Year Ago
Up 32%
Vs. Year Ago
Down -0.8%
Vs. Year Ago
Up
Vs. Year Ago

Months of Supply
In April, there was 11.3 months of supply available in Anacostia and Hillcrest, compared to 6.3 in April 2024. That is an increase 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 130 homes newly listed for sale in Anacostia and Hillcrest compared to 154 in April 2024, a decrease of 16%. There were 74 current contracts pending sale this April compared to 56 a year ago. The number of current contracts is 32% higher than last April.

Sale Price to List Price Ratio
In April, the average sale price in Anacostia and Hillcrest was 97.2% of the average list price, which is 0.8% lower than at this time last year.

Days on Market
This month, the average number of days on market was 61, higher than the average last year, which was 51, an increase of 20%.

The Long & Foster Market Minute 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.
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.