$2M  
The Capitol Hill market might be slowing down in the coming weeks. Sales fell this week to 63 homes sold over the last 30 days, and there is an identifiable downward trend in the number of new listings, with 89 going live in the same time frame. The median sales price climbed to $720,000 over the latest reporting period for Capitol Hill, up from $705,000. In spite of the decrease in sales, a low two months of inventory signals that Capitol Hill is a definite seller's market.
Comments:

$2.5M  
A dip in the number of pending transactions in the Capitol Hill market over the last 30 days resulted in the lowest amount since February. And while 88 homes went under contract, there were 63 completed sales, which also extends a 12-week downward trend. When comparing other close-by neighborhoods within the same period, the most came from the Anacostia neighborhood with 127 contracts executed. Prices are rising in Capitol Hill, and the median sales price this period increased from $700,000 to $710,000. In spite of contracts trending lower, there are only two months of inventory available, which signals that Capitol Hill is a still strong seller's market.
Comments:

Capitol Hill has a cost of living adjustment score of 157.7, which is average when compared to others in Washington, DC. Also, the area is considered affluent with a median income of $77,678 per household. Capitol Hill is made up of homes that are considered older than most with a median of 72 years. Leading the list of best schools in the neighborhood are Ludlow-Taylor Elementary School and Stuart-Hobson Middle School.
Comments:

$2M  
The Capitol Hill market is showing signs of cooling off. While sales continued an 11-week downturn, bringing this week's numbers down to 77 homes sold over the last 30 days, new listings are also the lowest they've been since January. During the same time frame, Anacostia county had the most of any other close-by neighborhood with 100 new listings. The median sales price dropped to $700,000, down from last week's $720,000. There are only two months of inventory available in Capitol Hill, and combined with shrinking new listings numbers, it's a strong seller's market.
Comments:

$284K  
In this week's report, the number of homes sold in the Capitol Hill market slid to 74 over the past 30 days. It marked a decrease of 7.5% from last week's report and another period below the monthly average. Meanwhile, the Catholic University-Brookland neighborhood reported 68 home sales, the highest number from all of the surrounding neighborhoods. The median sales price dropped to $725,000, extending a four-week long spiral. With only two months of inventory to sell, Capitol Hill is still a strong seller's market, even after taking into consideration the falling prices.
Comments:

$750K  
The Capitol Hill market pulled back with a 6.1% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 80.9 monthly average with 77 homes sold. In comparison, the Anacostia neighborhood had 67 sales in the same time frame, the most of all neighborhoods in the area. The median sales price climbed to $730,000 over the latest reporting period for Capitol Hill, up from $715,500. In spite of the decrease in sales, a low two months of inventory signals that Capitol Hill is a strong seller's market.
Comments:

$2.5M  
The Capitol Hill market showed healthy signs in this week's report, as the number of sales went up to 78 homes sold over the last 30 days. To put it in perspective, the close-by Anacostia neighborhood registered 72 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price dropped to $720,500, down from last week's $725,000. The rising sales and a low two months of inventory point to Capitol Hill being a definite seller's market.
Comments:

$864K  
The Capitol Hill market broke below its 12-month average sales volume this week as sales slid 18.7% to hit 74 homes sold over the last 30 days. In comparison, the Anacostia neighborhood had 67 sales in the same time frame, the most of all neighborhoods in the area. Potential buyers should note that prices went up in Capitol Hill, with the median for this period rising from $716,000 to $732,500. There are only two months of inventory available in Capitol Hill, so it's a definite seller's market, even with the decrease in sales.
Comments:

The population of Capitol Hill ranks as the largest neighborhood in Washington, DC with 32,444 people. However, it only ranks 14th in terms of growth at a 10-year growth rate of 9.8%. Condos and townhouses account for 7% of the area's current housing market. Leading the list of top schools in the neighborhood are Ludlow-Taylor Elementary School and Stuart-Hobson Middle School.
Comments:

$1.3M  
While home sales in the Capitol Hill market have been above average, in this week's report they slid 8.2% to 90 homes sold over the last 30 days. In comparison, the Anacostia neighborhood had 71 sales in the same time frame, the most of all neighborhoods in the area. The median sales price dropped to $720,500, down from last week's $744,500. Despite the slip in sales, a relatively low two months of inventory indicates that Capitol Hill is a definite seller's market.
Comments:
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