CAPITOL HILL (SE) HOUSING MARKET DATA

There was an increase in total units sold in May, with 39 sold this month in Capitol Hill (SE) Real Estate versus 29 last month, an increase of 34%. This month's total units sold was lower than at this time last year, a decrease of 15% versus May 2024.

Versus last year, the total number of homes available this month is higher by 19 units or 14%. The total number of active inventory this May was 155 compared to 136 in May 2024. This month's total of 155 is lower than the previous month's total supply of available inventory of 176, a decrease of 12%.

Last May, the median sale price for Capitol Hill (SE) Homes was $830,000. This May, the median sale price was $950,000, an increase of 14% or $120,000 compared to last year. The current median sold price is 15% higher than in April.

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

In May, there was 4.0 months of supply available in Capitol Hill (SE), compared to 3.0 in May 2024. That is an increase of 34% 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 49 homes newly listed for sale in Capitol Hill (SE) compared to 73 in May 2024, a decrease of 33%. There were 44 current contracts pending sale this May compared to 40 a year ago. The number of current contracts is 10% higher than last May.

In May, the average sale price in Capitol Hill (SE) was 99.0% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 30, higher than the average last year, which was 22, an increase of 36%.





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

Zip Code(s): 20003
Units Sold 39	Active Inventory 155	Median Sale Price $950,000	Days On Market 30

Down -15% Vs. Year Ago	Up 14% Vs. Year Ago	Up 14% Vs. Year Ago	Up 36% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 39 sold this month in Capitol Hill (SE) Real Estate versus 29 last month, an increase of 34%. This month's total units sold was lower than at this time last year, a decrease of 15% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 19 units or 14%. The total number of active inventory this May was 155 compared to 136 in May 2024. This month's total of 155 is lower than the previous month's total supply of available inventory of 176, a decrease of 12%.
		Median Sale Price Last May, the median sale price for Capitol Hill (SE) Homes was $830,000. This May, the median sale price was $950,000, an increase of 14% or $120,000 compared to last year. The current median sold price is 15% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 49	Current Contracts 44	Sold Vs. List Price 99.0%	Months of Supply 4.0

Down -33% Vs. Year Ago	Up 10% Vs. Year Ago	No Change Vs. Year Ago	Up 34% Vs. Year Ago


		Months of Supply In May, there was 4.0 months of supply available in Capitol Hill (SE), compared to 3.0 in May 2024. That is an increase of 34% 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 49 homes newly listed for sale in Capitol Hill (SE) compared to 73 in May 2024, a decrease of 33%. There were 44 current contracts pending sale this May compared to 40 a year ago. The number of current contracts is 10% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Capitol Hill (SE) was 99.0% 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 30, higher than the average last year, which was 22, an increase of 36%.


	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.