Kalorama Real Estate Market Continues Streak in Price Cuts

Sales in the Kalorama market remained flat at five homes sold over the last 30 days, while the number of sellers reducing their list prices reached two, which continues an established upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price of all transactions in Kalorama did not budge this week, remaining at $575,000. With only three months of inventory to sell, Kalorama is a seller's market, in spite of the flat sales.

Looking to get the most out of your money? Check out these bargain listings in Kalorama that recently had price cuts:

$5.6M   $1.8M   $1.5M  

Get started right now by checking out Kalorama homes for sale or reviewing Kalorama real estate trends.

Demographic facts for Kalorama:

  • There are 23,254.2 people per square mile in this area.
  • The lifestyle rating here is 69. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 30.3% of all commuters, while carpools account for 4.4%, and public transit makes up 25.9%.

Data reported through 10/12/2016

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