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| APRIL 2025 | |||
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| Zip Code(s): 20010 | |||
| Units Sold 20 |
Active Inventory 135 |
Median Sale Price $867,500 |
Days On Market 46 |
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| No Change Vs. Year Ago |
Up 5% Vs. Year Ago |
Up Vs. Year Ago |
Up Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in April, with 20 sold this month in Columbia Heights and Mt. Pleasant Real Estate, a decrease of 5%. This month's total units sold is similar compared to a year ago. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 7 units or 5%. The total number of active inventory this April was 135 compared to 128 in April 2024. This month's total of 135 is lower than the previous month's total supply of available inventory of 146, a decrease of 8%. |
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Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last April, the median sale price for Columbia Heights and Mt. Pleasant Homes was $662,500. This April, the median sale price was $867,500, an increase of $205,000 compared to last year. The current median sold price is lower than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 46 |
Current Contracts 27 |
Sold Vs. List Price 99.0% |
Months of Supply 6.8 |
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| Down -40% Vs. Year Ago |
No Change Vs. Year Ago |
Down -2.9% Vs. Year Ago |
Up 5% Vs. Year Ago |
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Months of Supply
In April, there was 6.8 months of supply available in Columbia Heights and Mt. Pleasant, compared to 6.4 in April 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. |
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New Listings & Current Contracts
This month there were 46 homes newly listed for sale in Columbia Heights and Mt. Pleasant compared to 77 in April 2024, a decrease of 40%. There were 27 current contracts pending sale this April, consistent with the volume a year ago. The number of current contracts is 69% higher than last month. |
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Sale Price to List Price Ratio
In April, the average sale price in Columbia Heights and Mt. Pleasant was 99.0% of the average list price, which is 2.9% lower than at this time last year. Days on Market
This month, the average number of days on market was 46, higher than the average last year, which was 27. This increase was impacted by the limited number of sales. | |||
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Columbia Heights and Mt. Pleasant are defined as properties in zip code 20010. | ||
| *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. |
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