New Weakening in Contracts for Capitol Hill Real Estate Market

Sales fell in the Capitol Hill market to 61 homes sold over the last 30 days. It's also under a solid downward trend in the number of contracts closing, with this week's number falling to 64. Prices are rising in Capitol Hill, and the median sales price this period increased from $655,000 to $659,031. Despite the falling contracts numbers, there are only two months of inventory remaining, indicating that Capitol Hill is a still definite seller's market.

If you're looking for a more established home, then be sure to see these listings in Capitol Hill that were built before most others in the market:

$2M   $2M   $689K  

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

Demographic facts for Capitol Hill:

  • The percentage of people who own their homes is 49.6%.
  • For every teacher there are 10.6 students in this area. (15.3 = national average)

Data reported through 1/11/2017

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