This is an ongoing series that will feature the latest in Hill home value changes straight from a Hill expert real estate agent. Jason Martin is one of the founding partners of Keller Williams Capital Properties and the principal at the Jason Martin Group. You may contact Jason at 202-641-0299.
Take a look at the average sold price in 20002, that’s a staggering increase from Jan 2013. Also very interesting is the trend that 20002 zip code is continuing to gain ground (in terms of average sold price) on the 20003 zip code. Capitol Hill remains one of the best markets in DC!
20002
| Jan-14 | Jan-13 | % Change | |
| Sold Dollar Volume | 21,769,040 | $22,949,682 | -5.14% |
| Avg Sold Price | $518,310 | $409,816 | 26.47% |
| Median Sold Price | $477,500 | $399,500 | 19.52% |
| Units Sold | 42 | 56 | -25.00% |
| Avg Days on Market | 19 | 56 | -66.07% |
| Avg List Price for Solds | $518,702 | $410,341 | 26.41% |
| Avg SP to OLP Ratio | 98.6% | 98.7% | -0.14% |
20003
| Jan-14 | Jan-13 | % Change | |
| Sold Dollar Volume | $14,244,700 | $11,357,023 | 25.43% |
| Avg Sold Price | $569,788 | $567,851 | 0.34% |
| Median Sold Price | $515,000 | $530,062 | -2.84% |
| Units Sold | 25 | 20 | 25.00% |
| Avg Days on Market | 51 | 35 | 45.71% |
| Avg List Price for Solds | $573,128 | $573,815 | -0.12% |
| Avg SP to OLP Ratio | 97.0% | 97.1% | -0.12% |