2019 Annual Market Report
Above: 5609 Wilson Lane | Bethesda, Maryland Cover: 2848 Mcgill Terrace NW | Massachusetts Avenue Heights, DC
Contents SI N G LE FAM I LY H OM ES PG 3 -7
N O RT H W EST DC
PG 9-1 1
DOW NTOW N & N O RT H E AST DC
PG 13-1 5
N O RT H E R N V I RG I NI A
PG 17-19
V I RG I N I A’S H O RS E & W I N E COUN T RY
PG 2 1- 23
MO NTG O ME RY COUNT Y MA RYL A N D
PG 2 5- 27
C H ESA P E A K E BAY R EG I O N
CON D O & CO- OPS PG 2 9-33
WAS H I N GTO N DC
PG 35-37
N O RT H E R N V I RG I NI A
PG 39- 41
MO NTG O ME RY COUNT Y MA RYL A N D
©2020 Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned And Operated. SIR1
Northwest DC S I N GL E FA M I LY H O M ES
1355 28th Street NW, Georgetown
3
Top: 1617 29th Street NW, Georgetown Bottom Left: 1803 Phelps Place NW, Kalorama Bottom Right: 3087 Ordway Street NW, Cleveland Park
ANNUAL REPORT 2019
Northwest DC SINGL E FAMI LY H OM ES
Kalorama
Cleveland Park
$ 2,200,000 11%
$1,650,000
Median Sold Price
Median Sold Price
19
Homes Sold
47%
136
Avg. Days on Market
39%
Homes Sold
14%
Avg. Days on Market
52%
1%
21
Avg. Days on Market
28%
6
Homes Sold
33%
195
Avg. Days on Market
3%
Mount Pleasant
$1,400,500
$1,205,000
14%
29%
11%
Median Sold Price
Median Sold Price
Homes Sold
29
Median Sold Price
Forest Hills
24
0%
$2,527,600
4%
Median Sold Price
190
Homes Sold
Mass. Ave Heights
Chevy Chase, DC
$ 1,146,000
49
19%
64
Avg. Days on Market
44%
69
Homes Sold
0%
17
Avg. Days on Market
Comparison based on 1/1/18 - 12/31/18 vs. 1/1/19 - 12/31/19. Source Bright MLS. Data deemed reliable, but not guaranteed
71%
5
Northwest DC (continued) SINGL E FAMI LY H OM ES
Georgetown
American University
$1,177,500
$ 1,695,000
12%
Median Sold Price
Median Sold Price
72
Homes Sold
21%
15
Avg. Days on Market
80%
Homes Sold
30%
26
Avg. Days on Market
19%
Homes Sold
38%
68
Avg. Days on Market
6%
24%
46
Homes Sold
24%
45
Avg. Days on Market
7%
Palisades
$1,131,000
44%
6%
Median Sold Price
Median Sold Price
36
10%
Median Sold Price
Wesley Heights
$1,563,250
Homes Sold
$1,805,000
4%
Median Sold Price
62
123
Spring Valley
Glover Park/Burleith
$1,023,750
3%
57
Avg. Days on Market
47%
51
Homes Sold
34%
61
Avg. Days on Market
Comparison based on 1/1/18 - 12/31/18 vs. 1/1/19 - 12/31/19. Source Bright MLS. Data deemed reliable, but not guaranteed
49%
ANNUAL REPORT 2019
Top Left: 5359 Macarthur Blvd. NW, Kent/Palisades Bottom Left: 5624 Sherier Place NW, Palisades Right: 3332 O Street NW, Georgetown
7
Downtown & Northeast DC S I N GL E FA M I LY H O M ES
1820 8th Street NW, Shaw
9
Top: 2015 Hillyer Place NW, Dupont Circle Bottom Left: 1709 1st Street NW, Bloomingdale Bottom Right: 2027 Branch Avenue SE, Capitol Hill
ANNUAL REPORT 2019
Downtown & Northeast Washington S INGLE FAM I LY H OM ES
Logan
Dupont
$1,250,000
$1,690,000
2%
Median Sold Price
67
Homes Sold
31%
35
Avg. Days on Market
14%
Shaw
62%
$996,250
26
Avg. Days on Market
58%
58
Avg. Days on Market
26%
6%
2%
383
Homes Sold
19%
28
Avg. Days on Market
11%
Petworth
$715,000
5%
Median Sold Price
Homes Sold
2%
Median Sold Price
Bloomingdale / LeDroit Park
88
Homes Sold
$1,000,000
10%
Median Sold Price
Homes Sold
46
Capitol Hill
$950,000 47
10%
Median Sold Price
5%
Median Sold Price
30
Avg. Days on Market
13%
307
Homes Sold
9%
34
Avg. Days on Market
Comparison based on 1/1/18 - 12/31/18 vs. 1/1/19 - 12/31/19. Source Bright MLS. Data deemed reliable, but not guaranteed
12%
11
Northern Virginia S INGLE FAM I LY H OM ES
606 President Ford Lane, Alexandria
13
Northern Virginia SINGL E FAMI LY H OM ES
Alexandria (Fairfax County)
City of Alexandria
$740,898
$539,900
3%
Median Sold Price
Median Sold Price
1,198 14% Homes Sold
24
Avg. Days on Market
33%
Homes Sold
3%
54
Avg. Days on Market
11%
Homes Sold
Avg. Days on Market
4%
3%
174
Homes Sold
16%
67
Avg. Days on Market
10%
Falls Church
$685,000
5%
5%
Median Sold Price
Median Sold Price
1,271 7%
27
Median Sold Price
Arlington
$900,000
Homes Sold
$1,200,000
2%
Median Sold Price
472
2,347 0%
McLean (22102)
McLean (22101)
$1,142,500
4%
35
Avg. Days on Market
20%
981
Homes Sold
2%
30
Avg. Days on Market
Comparison based on 1/1/18 - 12/31/18 vs. 1/1/19 - 12/31/19. Source Bright MLS. Data deemed reliable, but not guaranteed
10%
ANNUAL REPORT 2019
Left: 8548-A Georgetown Pike, McLean Top Right: 512 N Littleton Street, Arlington Bottom Right: 5125 Remington Drive, Alexandria
Vienna
Great Falls
$830,000
$1,030,000
3%
Median Sold Price
842
Homes Sold
7%
6%
Median Sold Price
43
Avg. Days on Market
21%
297
Homes Sold
22%
85
Avg. Days on Market
24%
15
Virginia’s Horse & Wine Country S INGLE FAM I LY H OM ES
473 Millwood Road, Boyce
17
Top: 21167 Trappe Road, Upperville Bottom Left: 8669 Springs Road, Warrenton Bottom Right: 7592 Chilly Bleak Lane, Marshall
ANNUAL REPORT 2019
Virginia’s Horse & Wine Country S INGLE FAM I LY H OM ES
Middleburg
The Plains
$615,000
$626,200
5%
Median Sold Price
57
Homes Sold
12%
112
Avg. Days on Market
57%
Marshall
14%
151
Avg. Days on Market
15%
42%
70
Avg. Days on Market
10%
71%
120
$450,000
6%
12
Homes Sold
Avg. Days on Market
13%
Warrenton
$545,000
5%
Median Sold Price
Homes Sold
47%
Median Sold Price
Purcellville
287
Homes Sold
$750,000
8%
Median Sold Price
Homes Sold
28
Upperville
$458,000 103
12%
Median Sold Price
5%
Median Sold Price
54
Avg. Days on Market
6%
591
Homes Sold
13%
45
Avg. Days on Market
Comparison based on 1/1/18 - 12/31/18 vs. 1/1/19 - 12/31/19. Source Bright MLS. Data deemed reliable, but not guaranteed
11%
19
Montgomery County, Maryland S INGLE FAM I LY H OM ES
7019 Natelli Woods Lane, Bethesda
21
Montgomery County SINGL E FAMI LY H OM ES
Chevy Chase, MD
Bethesda
$1,016,128
$1,192,500
2%
Median Sold Price
Median Sold Price
928
Homes Sold
8%
5%
55
Avg. Days on Market
40%
302
Homes Sold
21%
50
Avg. Days on Market
Potomac
$922,500
3%
Median Sold Price
572
Homes Sold
1%
85
Avg. Days on Market
16%
Silver Spring
$460,000
3%
Median Sold Price
2,142 4% Homes Sold
34
Avg. Days on Market
6%
Comparison based on 1/1/18 - 12/31/18 vs. 1/1/19 - 12/31/19. Source Bright MLS. Data deemed reliable, but not guaranteed
2%
ANNUAL REPORT 2019
Top: 10101 Dickens Avenue, Bethesda Bottom Left: 4909 Falstone Avenue, Chevy Chase Bottom Right: 12820 River Road, Potomac
23
Chesapeake Bay Region S I N GL E FA M I LY H O M ES
3302 Kenney Court, Edgewater
25
Top: 357 Sherwood Trail, Annapolis Bottom Left: 1820 Milvale Road, Annapolis, Bottom Right: 22 S Harrison Street, Easton
ANNUAL REPORT 2019
Chesapeake Bay Region S INGLE FAM I LY H OM ES
Annapolis
Severna Park
$460,000
$537,450
1%
Median Sold Price
1,343 2% Homes Sold
75
Avg. Days on Market
0%
Edgewater
11%
57
Avg. Days on Market
14%
9%
77
Avg. Days on Market
4%
226
Homes Sold
20%
92
Avg. Days on Market
13%
Saint Michaels
$329,950
$490,000
8%
Median Sold Price
Homes Sold
7%
Median Sold Price
Easton
348
Homes Sold
$393,950
1%
Median Sold Price
Homes
426
Stevensville
$420,000 423
4%
Median Sold Price
8%
17%
Median Sold Price
99
Avg. Days on Market
12%
90
Homes Sold
1%
119
Avg. Days on Market
Comparison based on 1/1/18 - 12/31/18 vs. 1/1/19 - 12/31/19. Source Bright MLS. Data deemed reliable, but not guaranteed
39%
27
Washington DC COND O & CO-OPS
901 D Street NE #205, Capitol Hill
29
Condos & Co-Ops WAS H INGTON D C
Dupont
Downtown
$496,000
$492,450
1%
Median Sold Price
Median Sold Price
147
Homes Sold
17%
48
Avg. Days on Market
9%
$610,500 10%
41
Avg. Days on Market
0%
15%
30
Avg. Days on Market
9%
72
Homes Sold
36%
21
Avg. Days on Market
22%
Petworth
$539,000
$459,900
12%
25%
18%
Median Sold Price
Median Sold Price
Homes Sold
2%
Median Sold Price
Capitol Hill
163
Homes Sold
$617,250
5%
Median Sold Price
Homes Sold
520
Shaw
Logan
305
10%
26
Avg. Days on Market
8%
131
Homes Sold
19%
32
Avg. Days on Market
Comparison based on 1/1/18 - 12/31/18 vs. 1/1/19 - 12/31/19. Source Bright MLS. Data deemed reliable, but not guaranteed
7%
ANNUAL REPORT 2019
Top: 1628 11th Street NW #103, Logan Bottom Left: 4816 3rd Street NW #3, Petworth Bottom Right: 729 Upshur Street NW #2, Petworth
31
Top: 3329 Prospect Street NW #6, Georgetown Bottom Left: 2510 Virginia Avenue NW #1407-N, Foggy Bottom Bottom Right: 3303 Water Street NW #3A, Georgetown
ANNUAL REPORT 2019
Condos & Co-Ops WASH INGTO N D C
Navy Yard
The Wharf
$480,000
$349,365
4%
Median Sold Price
43
Homes Sold
95%
18
Avg. Days on Market
13%
Foggy Bottom / West End
$445,000 Homes Sold
27%
212
Homes Sold
5%
30
Avg. Days on Market
17%
Georgetown
$570,000
11%
Median Sold Price
179
5%
Median Sold Price
8%
Median Sold Price
52
Avg. Days on Market
13%
88
Homes Sold
2%
67
Avg. Days on Market
1%
Kalorama
$602,000
15%
Median Sold Price
140
Homes Sold
24%
28
Avg. Days on Market
20%
Comparison based on 1/1/18 - 12/31/18 vs. 1/1/19 - 12/31/19. Source Bright MLS. Data deemed reliable, but not guaranteed
33
Northern Virginia COND O & CO-OPS
601 N Fairfax Street #605, Alexandria
35
Northern Virginia CO NDO & CO- OPS
McLean
Arlington
$410,000
$353,000
5%
Median Sold Price
Median Sold Price
1,513 14% Homes Sold
24
Avg. Days on Market
41%
Homes Sold
34
Avg. Days on Market
13%
1%
19
Avg. Days on Market
46%
659
Homes Sold
0%
18
Avg. Days on Market
47%
Fall Church City
$310,500
$274,900
0%
5%
9%
Median Sold Price
Median Sold Price
Homes Sold
4%
Median Sold Price
Fairfax City
549
Homes Sold
$272,000
7%
Median Sold Price
1,305 8%
279
Alexandria (Fairfax County)
Alexandria City
$305,200
6%
20
Avg. Days on Market
23%
507
Homes Sold
10%
22
Avg. Days on Market
Comparison based on 1/1/18 - 12/31/18 vs. 1/1/19 - 12/31/19. Source Bright MLS. Data deemed reliable, but not guaranteed
33%
ANNUAL REPORT 2019
Top: 1600 Clarendon Blvd #w208, Arlington Bottom Left: 619 N Saint Asaph Street, Alexandria Bottom Right: 706 Prince Street #4, Alexandria
37
Montgomery County, Maryland COND O & CO-OPS
12500 Park Potomac Avenue #508N, Potomac
39
Montgomery County CO NDO & CO- OPS
Chevy Chase, MD
Bethesda
$325,000
479,222
1%
Median Sold Price
Median Sold Price
333
Homes Sold
0%
6%
63
Avg. Days on Market
11%
165
Homes Sold
4%
59
Avg. Days on Market
Silver Spring
$215,000
8%
Median Sold Price
829
Homes Sold
3%
37
Avg. Days on Market
14%
Comparison based on 1/1/18 - 12/31/18 vs. 1/1/19 - 12/31/19. Source Bright MLS. Data deemed reliable, but not guaranteed
34%
ANNUAL REPORT 2019
Top: 12500 Park Potomac Ave #508N, Potomac Bottom Right: 5600 Wisconsin Avenue #1-1509, Chevy Chase Bottom Left: 2111 Derby Ridge Lane, Silver Spring
41