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| JUNE 2025 | |||
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| Zip Code(s): 20005 and 20036 | |||
| Units Sold 16 |
Active Inventory 113 |
Median Sale Price $512,500 |
Days On Market 38 |
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| Down Vs. Year Ago |
Up 45% Vs. Year Ago |
Up Vs. Year Ago |
Up 46% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in June, with 16 sold this month in Logan Circle and Dupont Real Estate. This month's total units sold was lower than at this time last year, a decrease from June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 35 units or 45%. The total number of active inventory this June was 113 compared to 78 in June 2024. This month's total of 113 is lower than the previous month's total supply of available inventory of 141, a decrease of 20%. |
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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 June, the median sale price for Logan Circle and Dupont Homes was $395,000. This June, the median sale price was $512,500, an increase of $117,500 compared to last year. The current median sold price is higher than in May. 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 31 |
Current Contracts 24 |
Sold Vs. List Price 96.2% |
Months of Supply 7.1 |
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| Down -6% Vs. Year Ago |
Down -4% Vs. Year Ago |
Down -1.5% Vs. Year Ago |
Up 90% Vs. Year Ago |
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Months of Supply
In June, there was 7.1 months of supply available in Logan Circle and Dupont, compared to 3.7 in June 2024. That is an increase of 90% 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 31 homes newly listed for sale in Logan Circle and Dupont compared to 33 in June 2024, a decrease of 6%. There were 24 current contracts pending sale this June compared to 25 a year ago. The number of current contracts is 4% lower than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Logan Circle and Dupont was 96.2% of the average list price, which is 1.5% lower than at this time last year. Days on Market
This month, the average number of days on market was 38, higher than the average last year, which was 26, an increase of 46%. | |||
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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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