Mount Vernon Square Real Estate Market Hits Price Cuts High

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:

$850K   $510K   $567K  

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

Demographic facts for Mount Vernon Square:

  • This area has a rating of 54 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 704.6 for every 100,000 people.
  • This area has a health cost index score of 99.7. (100 = national average)
  • 23.8% of the residents travel to work in an automobile, 2.5% via carpool, and 44.5% by way of public transit.

Data reported through 10/13/2016

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Keller Williams Capital Properties
47 reviews
Snapped 1 home in this area
Keller Williams Capital Properties
Snapped 1 home in this area

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