CAPITOL HILL (SE) HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in February, with 26 sold this month in Capitol Hill (SE) Real Estate. This month's total units sold was higher than at this time last year, an increase from February 2024.

Versus last year, the total number of homes available this month is higher by 28 units or 28%. The total number of active inventory this February was 127 compared to 99 in February 2024. This month's supply remained stable as compared to last month.

Last February, the median sale price for Capitol Hill (SE) Homes was $845,000. This February, the median sale price was $854,280, an increase of 1% or $9,280 compared to last year. The current median sold price is 17% 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 4.9 months of supply available in Capitol Hill (SE), compared to 4.5 in February 2024. That is an increase of 9% 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 38 homes newly listed for sale in Capitol Hill (SE) compared to 60 in February 2024, a decrease of 37%. There were 24 current contracts pending sale this February compared to 33 a year ago. The number of current contracts is 27% lower than last February.

In February, the average sale price in Capitol Hill (SE) was 98.5% of the average list price, which is 1.1% higher than at this time last year.

This month, the average number of days on market was 40, lower than the average last year, which was 42, a decrease of 5%.





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

Zip Code(s): 20003
Units Sold 26	Active Inventory 127	Median Sale Price $854,280	Days On Market 40

Up Vs. Year Ago	Up 28% Vs. Year Ago	Up 1% Vs. Year Ago	Down -5% Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in February, with 26 sold this month in Capitol Hill (SE) Real Estate. This month's total units sold was higher than at this time last year, an increase from February 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 28 units or 28%. The total number of active inventory this February was 127 compared to 99 in February 2024. This month's supply remained stable as compared to last month.
		Median Sale Price Last February, the median sale price for Capitol Hill (SE) Homes was $845,000. This February, the median sale price was $854,280, an increase of 1% or $9,280 compared to last year. The current median sold price is 17% 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 38	Current Contracts 24	Sold Vs. List Price 98.5%	Months of Supply 4.9

Down -37% Vs. Year Ago	Down -27% Vs. Year Ago	Up 1.1% Vs. Year Ago	Up 8% Vs. Year Ago


		Months of Supply In February, there was 4.9 months of supply available in Capitol Hill (SE), compared to 4.5 in February 2024. That is an increase of 9% 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 38 homes newly listed for sale in Capitol Hill (SE) compared to 60 in February 2024, a decrease of 37%. There were 24 current contracts pending sale this February compared to 33 a year ago. The number of current contracts is 27% lower than last February.
		Sale Price to List Price Ratio In February, the average sale price in Capitol Hill (SE) was 98.5% of the average list price, which is 1.1% higher than at this time last year. Days on Market This month, the average number of days on market was 40, lower than the average last year, which was 42, a decrease of 5%.


	Capitol Hill (SE) is defined as properties in zip code 20003.
	*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.