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Georgetown Market Trends

Today, December 31, 2009

Median Sales Price in Georgetown

Embed Info
1 yr 5 yr Max
Georgetown median sales prices
Number of sold homes in Georgetown
NeighborhoodSep - Nov '09y-o-y3 months prior1 year prior5 years prior
Georgetown$760,000-36.7%$900,000$1,200,000$795,000
Washington$368,875+1.1%$389,000$365,000$340,000
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Georgetown Summary

The median sales price for homes in Georgetown for Sep 09 to Nov 09 was $760,000. This represents a decline of 15.6%, or $140,000, compared to the prior quarter and a decrease of 36.7% compared to the prior year. Sales prices have depreciated 4.4% over the last 5 years in Georgetown, Washington.

The median sales price of $760,000 for Georgetown is 106.03% higher than the median sales price for Washington DC. Average listing price for homes on Trulia in Georgetown was $2,318,279 for the week ending Dec 23, which represents a decline of 2.9%, or $69,541 compared to the prior week and a decline of 7.1%, or $176,963, compared to the week ending Dec 02. Average price per square foot for homes in Georgetown was $621 in the most recent quarter, which is 82.65% higher than the average price per square foot for homes in Washington.

 

Average Listing Price in Georgetown

Embed Info
1 yr 5 yr Max
Georgetown average property price
Georgetown – number of properties
NeighborhoodWeek ending
Dec 23
w-o-wWeek ending
Dec 16
Week ending
Dec 9
Week ending
Dec 2
Georgetown$2,318,279-2.9%$2,387,820$2,330,787$2,495,242
Washington$603,166-3.8%$627,017$605,168$623,250
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Average Price Per Sqft for Homes in Georgetown

Embed Info
1 yr 5 yr Max
Georgetown average price per square foot
NeighborhoodSep - Nov '09y-o-y3 months prior1 year prior5 years prior
Georgetown$621-8.7%$18,425$680$638
Washington$340-0.9%$847$343$317
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Popular Neighborhoods in Washington

Neighborhoods Week ending
Dec 23
w-o-w Week ending
Dec 16
Week ending
Dec 9
Georgetown 1 +1 2 2
Dupont Circle 2 -1 1 1
Columbia Heights 3 — 3 3
Stanton Park 4 — 4 7
Adams Morgan 5 +3 8 4
Capitol Hill 6 — 6 5
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Homes for Sale in Georgetown

1215 33rd Street Northwest, Washington DC
1215 33rd…
$1,035,000
3 br  1 ½ ba
3329 Prospect Street Northwest #2, Washington DC
3329 Prosp…
$1,195,000
1 br  1 ½ ba
3422 Prospect Street Northwest, Washington DC
3422 Prosp…
$739,000
2 br  1 ba
3329 Prospect Street Northwest #1, Washington DC
3329 Prosp…
$995,000
1 br  1 ½ ba
1405 28th Street Northwest, Washington DC
1405 28th…
$1,099,000
3 br  2 ½ ba
1300 30th Street Northwest, Washington DC
1300 30th…
$2,195,000
4 br  3 ½ ba
View all Georgetown Homes for Sale
 
Stats & Trends
Georgetown, Washington

Real Estate Overview

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Washington

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Homes for Sale

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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
West End
$399,000
$1,092,812
Kalorama Heights
$660,000
$2,904,007
Burleith - Hillandale
$799,000
$2,463,031
Massachusetts Avenue Heights
$387,500
$764,074
Foggy Bottom
$588,250
$784,537
Embassy Row
$350,000
$5,711,111
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Advice

Recent Q&A in Washington, DC

Q: does anyone know someone who will do 100% ltv on home equity lines of credit? 3 answers
Q: Is the tax deferral on profits that are used to buy another primary residence still in effect? 4 answers
Q: I put an offer for a condo in 1314 mass washington DC that doesnt have a parking lot, will this signifcantly 7 answers
Q: I own a 3 unit house in Logan/Shaw. We live in one unit, rent out the other two. How would we go about converting this property into condos to sell? 2 answers
Q: How are property taxes figured in DC? 2 answers

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Nearby Neighborhoods Real Estate

  • West End Real Estate
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  • Woodland-Normanstone Terrace Real Estate
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Nearby Neighborhoods Sold Homes

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Nearby Neighborhoods Home Prices

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Georgetown Stats & Trends

  • Georgetown Real Estate Overview
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Our real estate market trends page gives you a valuable overview of the Washington real estate market. Find Washington properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Washington average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Washington housing statistics are available for each Washington, DC neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.