$699K  
The Mount Vernon Square market slowed this week but was still better than normal as sales dropped 20.0% to 12 homes sold over the last 30 days. 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 $542,000 over the latest reporting period for Mount Vernon Square, down from $585,000. In spite of the decrease in sales, a low one month of inventory signals that Mount Vernon Square is a strong seller's market.
Comments:

With 3,195 residents, Mount Vernon Square is an average-sized neighborhood in Washington, DC. Also, with an 8.4% increase over the last 10 years, its population is growing faster than other parts of the city. Homes in Mount Vernon Square are relatively old with a median age of 31 years.
Comments:

$699K  
More sellers put their homes up for sale in the Mount Vernon Square market over the last 30 days and the number of new listings rose this week to 16. Home sales remained unchanged from the prior period and once again 15 homes were sold. A months of inventory number of one reported this week continued a four-week downward trend. Despite the slip in sales from last week to this week, the low inventory indicates that Mount Vernon Square is still a strong seller's market.
Comments:

$1.2M  
The Mount Vernon Square market saw sales decline 6.2% this week but it is currently in the midst of an emerging upward sales trend, including 15 homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price dropped to $705,000, down from last week's $706,500. In spite of the decrease in sales, a low one month of inventory signals that Mount Vernon Square is a solid seller's market.
Comments:

$699K  
The Mount Vernon Square market saw sales remain flat this week with 15 homes sold over the last 30 days, while new listings shot up to 12. Prices are rising in Mount Vernon Square, and the median sales price this period increased from $649,900 to $708,000. There is only one month of inventory available in Mount Vernon Square, so it's a definite seller's market, even if sales are flat.
Comments:

$2.8M  
The number of home sales in the Mount Vernon Square market rose 7.1% to 15 homes over the last 30 days. To put it in perspective, the close-by Capitol Hill neighborhood registered 74 homes sold in those same 30 days, the most of all surrounding neighborhoods. Potential buyers should note that prices are coming down in Mount Vernon Square, and for this period the median sales price slid from $652,450 to $649,900. The rising sales and a low one month of inventory point to Mount Vernon Square being a definite seller's market.
Comments:

$699K  
The number of homes coming into the Mount Vernon Square market plummeted to seven listings over the last 30 days, while sales remained right where they were as once again 13 homes were sold over the same period. Potential buyers should note that prices went up in Mount Vernon Square, with the median for this period rising from $600,000 to $649,900. With only one month of inventory to sell, Mount Vernon Square is a definite seller's market, in spite of the flat sales.
Comments:

Mount Vernon Square is a less affluent than average neighborhood in Washington, DC with a median income of $59,317 per household. The population is also considered older than most with a median age of 32 years. With a ratio of 65.8%, most homes in Mount Vernon Square are being rented.
Comments:

$2.8M  
The number of home sales in the Mount Vernon Square market climbed 20.0% to 12 homes over the last 30 days, exceeding the 11.4 monthly average for the last 12 months. Within the same time frame, the Capitol Hill neighborhood had 78 sales, the most of all neighborhoods in the area. Potential buyers should note that prices went up in Mount Vernon Square, with the median for this period rising from $590,000 to $624,950. With only two months of inventory and rising sales, Mount Vernon Square is a definite seller's market.
Comments:

$699K  
Home sales in the Mount Vernon Square market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 16.7% to 10 homes sold over the last 30 days. On the other hand, the close-by Capitol Hill neighborhood registered 74 homes sold in those same 30 days, the most of all surrounding neighborhoods. Prices are rising in Mount Vernon Square, and the median sales price this period increased from $552,500 to $590,000. With only two months of inventory to sell, Mount Vernon Square is a solid seller's market, in spite of the dip in sales.
Comments:
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