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| APRIL 2025 | |||
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| Zip Code(s): 20005 and 20036 | |||
| Units Sold 25 |
Active Inventory 130 |
Median Sale Price $399,999 |
Days On Market 44 |
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| Up 32% Vs. Year Ago |
Up 46% Vs. Year Ago |
Down Vs. Year Ago |
Up Vs. Year Ago |
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Units Sold
The number of units sold remained stable in April, with 25 sold this month in Logan Circle and Dupont Real Estate. This month's total units sold was higher than at this time last year, an increase of 2% versus April 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 41 units or 46%. The total number of active inventory this April was 130 compared to 89 in April 2024. This month's total of 130 is lower than the previous month's total supply of available inventory of 140, a decrease of 7%. |
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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 Logan Circle and Dupont Homes was $535,395. This April, the median sale price was $399,999, a decrease of $135,396 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 35 |
Sold Vs. List Price 98.2% |
Months of Supply 5.2 |
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| Up 2% Vs. Year Ago |
Up 35% Vs. Year Ago |
Down -1.1% Vs. Year Ago |
Up 11% Vs. Year Ago |
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Months of Supply
In April, there was 5.2 months of supply available in Logan Circle and Dupont, compared to 4.7 in April 2024. That is an increase of 11% 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 Logan Circle and Dupont compared to 45 in April 2024, an increase of 2%. There were 35 current contracts pending sale this April compared to 26 a year ago. The number of current contracts is 35% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Logan Circle and Dupont was 98.2% of the average list price, which is 1.1% lower than at this time last year. Days on Market
This month, the average number of days on market was 44, higher than the average last year, which was 16. This increase was impacted by the limited number of sales. | |||
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Logan Circle and Dupont are defined as properties in zip codes 20005 and 20036. | ||
| *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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