The Dupont Circle neighborhood remained relatively stable from 2008 to 2009. There were 283 sales in the neighborhood last year, a 21% increase from 2008, with most of the increase coming from two + bedroom condominiums.
- Studio and one bedroom condos/coops saw slight price declines on average, while the
- two bedroom condo/coop market gained 3% in value and doubled the volume of 2008 for a total of 91 sales.
- Twenty-eight houses sold in Dupont last year, up slightly from the 23 in 2008. However, the average sales price of these homes was up 29%—from $1.26M in 2008 to $1.63 in 2009. The increase was largely due to the sale of a $12M Embassy-sized home.
Dupont Circle Neighborhood Market Snapshot
If you’re interested in more details including the average days on market and the average negotiation between the list and sales prices, email us at info@artofcityliving.com and we’ll be happy to share the Dupont Snapshot with you.
