The Long & Foster Market Minute

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

Zip Code(s): 20003
Units Sold
35
Active Inventory
139
Median Sale Price
$800,000
Days On Market
34
Down -13%
Vs. Year Ago
Up 4%
Vs. Year Ago
Down -10%
Vs. Year Ago
Down -21%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in August, with 35 sold this month in Capitol Hill (SE) Real Estate versus 49 last month, a decrease of 29%. This month's total units sold was lower than at this time last year, a decrease of 13% versus August 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 5 units or 4%. The total number of active inventory this August was 139 compared to 134 in August 2024. This month's total of 139 is lower than the previous month's total supply of available inventory of 145, a decrease of 4%.

Median Sale Price
Last August, the median sale price for Capitol Hill (SE) Homes was $891,950. This August, the median sale price was $800,000, a decrease of 10% or $91,950 compared to last year. The current median sold price is 18% lower than in July.

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


New Listings
44
Current Contracts
24
Sold Vs. List Price
98.1%
Months of Supply
4.0
No Change
Vs. Year Ago
Up 20%
Vs. Year Ago
No Change
Vs. Year Ago
Up 19%
Vs. Year Ago

Months of Supply
In August, there was 4.0 months of supply available in Capitol Hill (SE), compared to 3.4 in August 2024. That is an increase of 19% 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 44 homes newly listed for sale in Capitol Hill (SE), which is similar to the amount in August 2024. There were 24 current contracts pending sale this August compared to 20 a year ago. The number of current contracts is 20% higher than last August.

Sale Price to List Price Ratio
In August, the average sale price in Capitol Hill (SE) was 98.1% 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 34, lower than the average last year, which was 43, a decrease of 21%.

The Long & Foster Market Minute 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.
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.