Washington, DC 20009 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's primary market signal is the 1,235,000 median sold price, which represents the most reliable indicator of recent transaction values and suggests current market value is below asking levels given the 1,499,900 median listing price; this gap may indicate pricing friction and gives buyers measurable leverage in negotiations. down
2. Liquidity appears muted with a 325 median days on market, which points to slower sales velocity and longer time-to-contract compared with typical fast-turn markets; this slower pace may indicate buyers can be more selective and that sellers should expect extended marketing periods. neutral
3. Price context is mixed: the 764 median price per square foot supports relatively high unit values per area, but the overall price direction is down year-over-year, suggesting recent sales are occurring at tempered price levels rather than at peak pricing. neutral
4. Financing and carrying-cost pressure are meaningful: interest rate pressure is described as elevated, with current 30-year fixed mortgage rates for the area at 6.51%, which is 0.52% higher than the earlier 2026 average of 5.99%; this elevated rate environment may further slow purchase activity and favor buyers who can absorb higher borrowing costs. elevated

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.