CAPITOL HILL (NE) HOUSING MARKET DATA

There was a decrease in total units sold in February, with 60 sold this month in Capitol Hill (NE) Real Estate versus 64 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 9% versus February 2024.

Versus last year, the total number of homes available this month is lower by 14 units or 4%. The total number of active inventory this February was 329 compared to 343 in February 2024. This month's total of 329 is higher than the previous month's total supply of available inventory of 317, an increase of 4%.

Last February, the median sale price for Capitol Hill (NE) Homes was $707,500. This February, the median sale price was $855,000, an increase of $147,500 compared to last year. The current median sold price is higher than in January.

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

In February, there was 5.5 months of supply available in Capitol Hill (NE), compared to 5.2 in February 2024. That is an increase of 6% 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 123 homes newly listed for sale in Capitol Hill (NE) compared to 145 in February 2024, a decrease of 15%. There were 52 current contracts pending sale this February, consistent with the volume a year ago. The number of current contracts is 17% lower than last month.

In February, the average sale price in Capitol Hill (NE) was 99.2% of the average list price, which is 1.3% lower than at this time last year.

This month, the average number of days on market was 55, higher than the average last year, which was 47, an increase of 17%.





FOCUS ON: CAPITOL HILL (NE) HOUSING MARKET			FEBRUARY 2025

Zip Code(s): 20002
Units Sold 60	Active Inventory 329	Median Sale Price $855,000	Days On Market 55

Down -9% Vs. Year Ago	Down -4% Vs. Year Ago	Up 21% Vs. Year Ago	Up 17% Vs. Year Ago


		Units Sold There was a decrease in total units sold in February, with 60 sold this month in Capitol Hill (NE) Real Estate versus 64 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 9% versus February 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 14 units or 4%. The total number of active inventory this February was 329 compared to 343 in February 2024. This month's total of 329 is higher than the previous month's total supply of available inventory of 317, an increase of 4%.
		Median Sale Price Last February, the median sale price for Capitol Hill (NE) Homes was $707,500. This February, the median sale price was $855,000, an increase of $147,500 compared to last year. The current median sold price is higher than in January. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 123	Current Contracts 52	Sold Vs. List Price 99.2%	Months of Supply 5.5

Down -15% Vs. Year Ago	No Change Vs. Year Ago	Down -1.2% Vs. Year Ago	Up 5% Vs. Year Ago


		Months of Supply In February, there was 5.5 months of supply available in Capitol Hill (NE), compared to 5.2 in February 2024. That is an increase of 6% 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 123 homes newly listed for sale in Capitol Hill (NE) compared to 145 in February 2024, a decrease of 15%. There were 52 current contracts pending sale this February, consistent with the volume a year ago. The number of current contracts is 17% lower than last month.
		Sale Price to List Price Ratio In February, the average sale price in Capitol Hill (NE) was 99.2% of the average list price, which is 1.3% lower than at this time last year. Days on Market This month, the average number of days on market was 55, higher than the average last year, which was 47, an increase of 17%.


	Capitol Hill (NE) is defined as properties in zip code 20002.
	*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.