ANACOSTIA AND HILLCREST HOUSING MARKET DATA

There was a decrease in total units sold in March, with 55 sold this month in Anacostia and Hillcrest Real Estate versus 70 last month, a decrease of 21%. This month's total units sold was lower than at this time last year, a decrease of 15% versus March 2024.

Versus last year, the total number of homes available this month is lower by 47 units or 11%. The total number of active inventory this March was 380 compared to 427 in March 2024. This month's total of 380 is higher than the previous month's total supply of available inventory of 339, an increase of 12%.

Last March, the median sale price for Anacostia and Hillcrest Homes was $369,000. This March, the median sale price was $385,000, an increase of 4% or $16,000 compared to last year. The current median sold price is 3% higher than in February.

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

In March, there was 6.9 months of supply available in Anacostia and Hillcrest, compared to 6.6 in March 2024. That is an increase of 5% 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 153 homes newly listed for sale in Anacostia and Hillcrest compared to 169 in March 2024, a decrease of 9%. There were 49 current contracts pending sale this March compared to 69 a year ago. The number of current contracts is 29% lower than last March.

In March, the average sale price in Anacostia and Hillcrest was 98.8% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 73, higher than the average last year, which was 50, an increase of 46%.





FOCUS ON: ANACOSTIA AND HILLCREST HOUSING MARKET			MARCH 2025

Zip Code(s): 20019, 20020 and 20032
Units Sold 55	Active Inventory 380	Median Sale Price $385,000	Days On Market 73

Down -15% Vs. Year Ago	Down -11% Vs. Year Ago	Up 4% Vs. Year Ago	Up 46% Vs. Year Ago


		Units Sold There was a decrease in total units sold in March, with 55 sold this month in Anacostia and Hillcrest Real Estate versus 70 last month, a decrease of 21%. This month's total units sold was lower than at this time last year, a decrease of 15% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 47 units or 11%. The total number of active inventory this March was 380 compared to 427 in March 2024. This month's total of 380 is higher than the previous month's total supply of available inventory of 339, an increase of 12%.
		Median Sale Price Last March, the median sale price for Anacostia and Hillcrest Homes was $369,000. This March, the median sale price was $385,000, an increase of 4% or $16,000 compared to last year. The current median sold price is 3% higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 153	Current Contracts 49	Sold Vs. List Price 98.8%	Months of Supply 6.9

Down -9% Vs. Year Ago	Down -29% Vs. Year Ago	No Change Vs. Year Ago	Up 5% Vs. Year Ago


		Months of Supply In March, there was 6.9 months of supply available in Anacostia and Hillcrest, compared to 6.6 in March 2024. That is an increase of 5% 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 153 homes newly listed for sale in Anacostia and Hillcrest compared to 169 in March 2024, a decrease of 9%. There were 49 current contracts pending sale this March compared to 69 a year ago. The number of current contracts is 29% lower than last March.
		Sale Price to List Price Ratio In March, the average sale price in Anacostia and Hillcrest was 98.8% 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 73, higher than the average last year, which was 50, an increase of 46%.


	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.