2021 Mid-Year Market Report
Above: 3903 Legation Street NW, Chevy Chase DC Cover: 2100 Dunmore Lane NW, 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 R EG I O N
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
©2021 TTR 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
3313 O Street NW, Georgetown
3
Top: 3903 Legation St NW, Chevy Chase Bottom Left: 2507 Massachusetts Ave NW, Kalorama Bottom Right: 3218 Woodley Rd NW, Cleveland Park
M I D -Y E A R R E P O R T 2 0 2 1
Northwest DC SINGL E FAMI LY H OM ES
Cleveland Park
Kalorama
$2,465,000
$1,875,000
4%
Median Sold Price
16
Homes Sold
33%
37
Avg. Days on Market
42%
Homes Sold
50%
11
Avg. Days on Market
58%
20%
9
Avg. Days on Market
31%
7
Homes Sold
40%
80
Avg. Days on Market
1%
Mount Pleasant
$1,723,000
$1,350,000
7%
Median Sold Price
Homes Sold
14%
Median Sold Price
Forest Hills
6
Homes Sold
$4,200,000
26%
Median Sold Price
105
25
Mass. Ave Heights
Chevy Chase, DC
$1,375,000
2%
Median Sold Price
25%
5%
Median Sold Price
7
Avg. Days on Market
87%
35
Homes Sold
59%
Comparison based on 1/1/20 - 7/1/20 vs. 1/1/21 - 7/1/21. Source Bright MLS. Data deemed reliable, but not guaranteed
6
Avg. Days on Market
67%
5
Northwest DC (continued) SINGL E FAMI LY H OM ES
Georgetown
American University
$1,352,362
$1,797,500
0%
Median Sold Price
50
Homes Sold
79%
16
Avg. Days on Market
60%
Homes Sold
12%
11
Avg. Days on Market
39%
Homes Sold
33%
50
Avg. Days on Market
61%
9%
35
Homes Sold
106% 11
Avg. Days on Market
69%
Palisades
$1,387,500
41%
Median Sold Price
24
86%
Median Sold Price
Wesley Heights
$2,395,000
Homes Sold
$1,845,000
14%
Median Sold Price
46
110
Spring Valley
Glover Park/Burleith
$1,250,000
24%
Median Sold Price
1%
Median Sold Price
40
Avg. Days on Market
0%
32
Homes Sold
52%
Comparison based on 1/1/20 - 7/1/20 vs. 1/1/21 - 7/1/21. Source Bright MLS. Data deemed reliable, but not guaranteed
26
Avg. Days on Market
0%
M I D -Y E A R R E P O R T 2 0 2 1
Top Left: 1519 34th Street NW, Georgetown Bottom Left: 3313 O Street NW, Georgetown Right: 4825 Dexter Ter NW, Wesley Heights
7
Downtown & Northeast DC S I N GL E FA M I LY H O M ES
1711 S Street NW (SOLD 7/1/2021)
9
Top: 1743 Corcoran Street NW, Dupont Circle Bottom Left: 1231 S Street NW, Logan/14th Street Corridor Bottom Right: 407 Decatur Street NW, Petworth
M I D -Y E A R R E P O R T 2 0 2 1
Downtown & Northeast Washington S INGLE FAM I LY H OM ES
Logan
Dupont
$1,750,000
$1,725,000
25%
Median Sold Price
15
Homes Sold
67%
30
Avg. Days on Market
11%
Shaw
89%
$1,030,000
13
Avg. Days on Market
58%
41
Avg. Days on Market
31%
21%
241
Homes Sold
50%
19
Avg. Days on Market
17%
Petworth
$850,000
1%
Median Sold Price
Homes Sold
167%
Median Sold Price
Bloomingdale / LeDroit Park
64
Homes Sold
$1,129,398
1%
Median Sold Price
Homes Sold
24
Capitol Hill
$1,117,000 53
0%
Median Sold Price
17%
Median Sold Price
100% 18
Avg. Days on Market
36%
149
Homes Sold
25%
Comparison based on 1/1/20 - 7/1/20 vs. 1/1/21 - 7/1/21. Source Bright MLS. Data deemed reliable, but not guaranteed
11
Avg. Days on Market
54%
11
Northern Virginia S I N GL E FA M I LY H O M ES
7979 E Boulevard Drive, Alexandria
13
Northern Virginia SINGL E FAMI LY H OM ES
Alexandria (Fairfax County)
City of Alexandria
$829,707
$640,000
7%
Median Sold Price
752
Homes Sold
40%
15
Avg. Days on Market
17%
Homes Sold
40%
Avg. Days on Market
39%
31%
27
Avg. Days on Market
36%
110
Homes Sold
49%
38
Avg. Days on Market
22%
Falls Church
$1,035,000
$800,000
10%
Median Sold Price
Homes Sold
11
Median Sold Price
Arlington
819
Homes Sold
$1,600,000
7%
Median Sold Price
293
1,320 32%
McLean (22102)
McLean (22101)
$1,365,000
10%
Median Sold Price
52%
10%
Median Sold Price
17
Avg. Days on Market
26%
554
Homes Sold
26%
Comparison based on 1/1/20 - 7/1/20 vs. 1/1/21 - 7/1/21. Source Bright MLS. Data deemed reliable, but not guaranteed
13
Avg. Days on Market
35%
M I D -Y E A R R E P O R T 2 0 2 1
Left: 4715 24th Street N, Arlington Top Right: 620 Rivercrest, McLean Bottom Right: 2001 & 2007 Whiteoaks Drive, Alexandria
Vienna
Great Falls
$962,500
$1,449,000
13%
Median Sold Price
542
Homes Sold
44%
31%
Median Sold Price
21
Avg. Days on Market
40%
175
Homes Sold
17%
44
Avg. Days on Market
21%
15
Virginia’s Horse & Wine Region S I N GL E FA M I LY H O M ES
171 Little Long Mountain Road, Huntly VA (SOLD 7/9/2021)
17
Top: 9303 John S Mosby Hwy, Upperville (Sold 6/9/21) Bottom Left: 6278 Rock Hill Mill Rd, The Plains Bottom Right: 1388 Crenshaw Rd, Upperville
M I D -Y E A R R E P O R T 2 0 2 1
Virginia’s Horse & Wine Region S INGLE FAM I LY H OM ES
Middleburg
The Plains
$950,000
$619,000
28%
Median Sold Price
41
Homes Sold
64%
103
Avg. Days on Market
41%
Marshall
24%
96
Avg. Days on Market
23%
87%
26
Avg. Days on Market
71%
7
Homes Sold
250% 93
Avg. Days on Market
69%
Purcellville
$535,000
$661,662
10%
Median Sold Price
Homes Sold
6%
Median Sold Price
Warrenton
355
Homes Sold
$760,600
16%
Median Sold Price
Homes Sold
19
Upperville
$551,000 61
2%
Median Sold Price
22%
15%
Median Sold Price
15
Avg. Days on Market
62%
172
Homes Sold
19%
Comparison based on 1/1/20 - 7/1/20 vs. 1/1/21 - 7/1/21. Source Bright MLS. Data deemed reliable, but not guaranteed
14
Avg. Days on Market
61%
19
Montgomery County S I N GL E FA M I LY H O M ES
7406 Fairfax Road, Bethesda (Sold 6/28/21)
21
Montgomery County SINGL E FAMI LY H OM ES
Chevy Chase, MD
Bethesda
$1,270,000
$1,506,000
20%
Median Sold Price
515
Homes Sold
37%
16
Avg. Days on Market
57%
187
Homes Sold
47%
Potomac
$1,170,000
24%
Median Sold Price
350
Homes Sold
27%
25
Avg. Days on Market
47%
Silver Spring
$550,000
13%
Median Sold Price
1,185 37% Homes Sold
16%
Median Sold Price
12
Avg. Days on Market
48%
Comparison based on 1/1/20 - 7/1/20 vs. 1/1/21 - 7/1/21. Source Bright MLS. Data deemed reliable, but not guaranteed
23
Avg. Days on Market
48%
M I D -Y E A R R E P O R T 2 0 2 1
Top: 8539 W Howell Road, Bethesda Bottom Left: 9819 Newhall Road, Potomac Bottom Right: 9220 Farnsworth Drive, Potomac
23
Chesapeake Bay Region S I N GL E FA M I LY H O M ES
225 Wardour Drive, Annapolis
25
Top: 24724 New Post Rd, St. Michaels Bottom Left: 1489 Bridgewater Way, Annapolis Bottom Right: 948 Old County Road, Severna Park (Sold 6/14/21)
M I D -Y E A R R E P O R T 2 0 2 1
Chesapeake Bay Region S INGLE FAM I LY H OM ES
Annapolis
Severna Park
$530,000
$ 612,577
12%
Median Sold Price
766
Homes Sold
23%
25
Avg. Days on Market
52%
Edgewater
23%
15
Avg. Days on Market
62%
11%
25
Avg. Days on Market
56%
172
Homes Sold
77%
35
Avg. Days on Market
53%
Saint Michaels
$379,500
$549,000
17%
Median Sold Price
Homes Sold
17%
Median Sold Price
Easton
229
Homes Sold
$428,736
10%
Median Sold Price
Homes Sold
240
Stevensville
$471,000 255
15%
Median Sold Price
31%
36%
Median Sold Price
41
Avg. Days on Market
61%
47
Homes Sold
27%
Comparison based on 1/1/20 - 7/1/20 vs. 1/1/21 - 7/1/21. Source Bright MLS. Data deemed reliable, but not guaranteed
52
Avg. Days on Market
66%
27
M I D -Y E A R R E P O R T 2 0 2 1
Washington DC COND O & CO-OPS
1055 Wisconsin Ave NW #2W, Georgetown
29
Washington DC CO NDO & CO- OPS
Dupont
Downtown
$500,000
$430,500
1.5%
Median Sold Price
269
Units Sold
98%
34
Avg. Days on Market
17%
$680,000 90%
37
Avg. Days on Market
32%
1%
30
Avg. Days on Market
43%
68
Units Sold
119%
37
Avg. Days on Market
131%
Petworth
$532,500
$525,000
1%
Median Sold Price
Units Sold
61%
Median Sold Price
Capitol Hill
116
Units Sold
$683,500
15%
Median Sold Price
Units Sold
258
Shaw
Logan
175
3%
Median Sold Price
35%
23%
Median Sold Price
40
Avg. Days on Market
54%
104
Units Sold
68%
Comparison based on 1/1/20 - 7/1/20 vs. 1/1/21 - 7/1/21. Source Bright MLS. Data deemed reliable, but not guaranteed
24
Avg. Days on Market
45%
M I D -Y E A R R E P O R T 2 0 2 1
Top: 920 I Street NW #715, City Center Bottom Left: 630 14th Street NE #6 Bottom Right: 1401 R Street NW #301, Logan Circle
31
Top: 1300 4th Street SE #915, Navy Yard Bottom Left: 2007 Wyoming Avenue NW #17, Kalorama Bottom Right: 2425 L Street NW #633, West End
M I D -Y E A R R E P O R T 2 0 2 1
Washington DC CONDO & CO - OPS
Navy Yard
The Wharf
$545,000
$ 425,000
1%
Median Sold Price
57
Units Sold
138% 21
Avg. Days on Market
5%
Foggy Bottom/West End
$306,121 Units Sold
62%
35
Units Sold
25%
47
Avg. Days on Market
15%
Georgetown
$659,523
5%
Median Sold Price
55
17%
Median Sold Price
3%
Median Sold Price
71
Avg. Days on Market
25%
45
Units Sold
32%
57
Avg. Days on Market
12%
Kalorama
$574,968
3%
Median Sold Price
114
Units Sold
65%
35
Avg. Days on Market
6%
Comparison based on 1/1/20 - 7/1/20 vs. 1/1/21 - 7/1/21. Source Bright MLS. Data deemed reliable, but not guaranteed
33
M I D -Y E A R R E P O R T 2 0 2 1
Northern Virginia COND O & CO-OPS
1600 Clarendon Blvd #w409, Arlington
35
Northern Virginia CO NDO & CO- OPS
McLean
Arlington
$450,000
$415,000
5%
Median Sold Price
950
Units Sold
52%
30
Avg. Days on Market
76%
Units Sold
50%
46
Avg. Days on Market
130%
2%
27
Avg. Days on Market
69%
421
Units Sold
40%
25
Avg. Days on Market
56%
Falls Church City
$357,000
$300,000
10%
Median Sold Price
Units Sold
55%
Median Sold Price
Fairfax City
375
Units Sold
$289,000
0%
Median Sold Price
883
178
Alexandria (Fairfax County)
Alexandria City
$335,000
2%
Median Sold Price
85%
8%
Median Sold Price
19
Avg. Days on Market
46%
309
Units Sold
57%
Comparison based on 1/1/20 - 7/1/20 vs. 1/1/21 - 7/1/21. Source Bright MLS. Data deemed reliable, but not guaranteed
29
Avg. Days on Market
142%
M I D -Y E A R R E P O R T 2 0 2 1
Top: 16 Bakers Walk #104, Alexandria Bottom Left: 1615 N Queen St #m303, Arlington Bottom Right: 1881 N Nash Street #1003, Arlington
37
M I D -Y E A R R E P O R T 2 0 2 1
Montgomery County COND O & CO-OPS
4550 N Park Ave #605, Chevy Chase
39
Montgomery County CO NDO & CO- OPS
Chevy Chase, MD
Bethesda
$336,000
$437,000
7%
Median Sold Price
Median Sold Price
223
Units Sold
52%
47
Avg. Days on Market
15%
90
Units Sold
38%
Silver Spring
$239,500
9%
Median Sold Price
520
Units Sold
52%
9%
33
Avg. Days on Market
11%
Comparison based on 1/1/20 - 7/1/20 vs. 1/1/21 - 7/1/21. Source Bright MLS. Data deemed reliable, but not guaranteed
53
Avg. Days on Market
2%
Top: 2224 Washington Avenue #w-204, Silver Spring Bottom Right: 5500 Friendship Blvd #1811n, Chevy Chase Bottom Left: 7500 Woodmont Ave #s1218, Bethesda