LOGAN CIRCLE AND DUPONT HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in February, with 22 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 from February 2024.

Versus last year, the total number of homes available this month is higher by 38 units or 58%. The total number of active inventory this February was 104 compared to 66 in February 2024. This month's total of 104 is higher than the previous month's total supply of available inventory of 100, an increase of 4%.

Last February, the median sale price for Logan Circle and Dupont Homes was $535,000. This February, the median sale price was $588,208, an increase of 10% or $53,208 compared to last year. The current median sold price is 16% higher than in January.

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

In February, there was 4.7 months of supply available in Logan Circle and Dupont, compared to 3.7 in February 2024. That is an increase of 29% 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 40 homes newly listed for sale in Logan Circle and Dupont compared to 36 in February 2024, an increase of 11%. There were 26 current contracts pending sale this February compared to 18 a year ago. The number of current contracts is 44% higher than last February.

In February, the average sale price in Logan Circle and Dupont was 95.9% of the average list price, which is 2.7% lower than at this time last year.

This month, the average number of days on market was 30, lower than the average last year, which was 52, a decrease of 42%.





FOCUS ON: LOGAN CIRCLE AND DUPONT HOUSING MARKET			FEBRUARY 2025

Zip Code(s): 20005 and 20036
Units Sold 22	Active Inventory 104	Median Sale Price $588,208	Days On Market 30

Up Vs. Year Ago	Up 58% Vs. Year Ago	Up 10% Vs. Year Ago	Down -42% Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in February, with 22 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 from February 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 38 units or 58%. The total number of active inventory this February was 104 compared to 66 in February 2024. This month's total of 104 is higher than the previous month's total supply of available inventory of 100, an increase of 4%.
		Median Sale Price Last February, the median sale price for Logan Circle and Dupont Homes was $535,000. This February, the median sale price was $588,208, an increase of 10% or $53,208 compared to last year. The current median sold price is 16% higher than in January. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 40	Current Contracts 26	Sold Vs. List Price 95.9%	Months of Supply 4.7

Up 11% Vs. Year Ago	Up 44% Vs. Year Ago	Down -2.7% Vs. Year Ago	Up 29% Vs. Year Ago


		Months of Supply In February, there was 4.7 months of supply available in Logan Circle and Dupont, compared to 3.7 in February 2024. That is an increase of 29% 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 40 homes newly listed for sale in Logan Circle and Dupont compared to 36 in February 2024, an increase of 11%. There were 26 current contracts pending sale this February compared to 18 a year ago. The number of current contracts is 44% higher than last February.
		Sale Price to List Price Ratio In February, the average sale price in Logan Circle and Dupont was 95.9% of the average list price, which is 2.7% lower than at this time last year. Days on Market This month, the average number of days on market was 30, lower than the average last year, which was 52, a decrease of 42%.


	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.