The Market Report: Mid-Year 2019

The Market Report: Mid-Year 2019

  • Lockard & Smith
  • 08/8/19

In Downtown Washington, D.C., double-digit increases in home sales in submarkets such as Logan Circle, Shaw, and Petworth further solidified this submarket as one of the most vibrant in the Washington Metropolitan Area. 

Across the rest of Washington, D.C., new real estate developments in Capitol Hill and the Southwest Waterfront are set to deliver in Fall 2019, adding to already positive momentum in the Northeast and Southwest submarkets. 

With the continued and steady addition of world-class entertainment, outdoor spaces, and inspiring culinary and cultural amenities, Washington, D.C. continues to build on its reputation one of the nation’s most desirable housing markets.

1810 15th Street NW #1, Washington, D.C. presented by Daniel Heider of TTR Sotheby’s International Realty®.

In Northern Virginia, demand for properly priced homes in desirable neighborhoods remains strong, particularly in Arlington, Virginia, the destination of Amazon HQ2.

Indeed, in Arlington, Virginia, the first half of 2019 has seen significant decreases in inventory, with the pace of new listings down 22% compared to the first half of 2018, while demand for properties in Arlington, Virginia steadily increases, with prices up 7.25% on average compared to the same period last year.
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1881 N. Nash Street #TS01 Arlington, Virginia presented by Jonathan Taylor of TTR Sotheby’s International Realty®.

1291 Hollywood Avenue, Annapolis, Maryland presented by Shane Hall of TTR Sotheby’s International Realty.



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