The Mount Vernon Square market saw eight more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since July at eight. In comparison, the Catholic University-Brookland neighborhood had 62 price reductions in the same time frame, the most of all close-by neighborhoods. Prices are rising in Mount Vernon Square, and the median sales price this period increased from $567,000 to $582,000. In spite of the decrease in sales, a low two months of inventory signals that Mount Vernon Square is a definite seller's market.
Any of these new listings in Mount Vernon Square could be your dream home, so be sure to check them out: