The Capitol Hill area has seen 88 townhomes, 18 condos, and 1 detached home trade hands in the last three months. Closing prices for townhomes range from $260,000 for a 832 square-foot, 2 bedroom, 1 bathroom, 2 level, fixer-upper on 16th Street, to $1,350,000 for a 2,309 square-foot, 4 bedroom, 3.5 bath, 4 level, townhouse in good condition with a rear deck and balcony, and within 2 blocks of Eastern Market. For condos, closing prices ranged from $186,000 for a 324 square foot efficiency, just a few blocks to the Capitol, to $779,000 for a 3,828 square-foot, 3 bedroom, 2.5 bath, renovated, historic engine house with high ceilings and a gourmet kitchen. The closing price of the detached home was $906,000 for a 3,140 square foot, 5 bedroom, 2 full baths, 2 half baths, 3 level, 2 car garage home in good condition. The average sales prices for townhomes and condos were $665,000 and $397,000 respectively. The median number of days that a property was on the market was 16 days.
ZIP Codes: 20002, 20003 Approximate Location Boundaries: Capitol Hill straddles both the NE and SE quadrants of DC. Its boundaries include the H Street Corridor to the north, the Anacostia River to the east, the SE/SW Freeway to the south and the National Mall to the west.
Location Characteristics: Capitol Hill is the largest residential historic district in Washington, DC. It is also one of the most densely populated neighborhoods in the city with 35,000 residents in two square miles. There are a variety of architectures represented and many of its 19th and 20th century row houses are listed on the National Register of Historic Places. The neighborhood on the Hill boasts 59 inner-city parks providing outdoor space to residents and visitors. Among some of the main attractions on Capitol Hill include the US Capitol Building, the US Supreme Court, the Library of Congress, Eastern Market, Barracks Row, Union Station, and the Folger Shakespeare Library & Theatre.
About Katie Loughney:
Katie has been in the real estate industry for over 7 years and is licensed in both Virginia and the District of Columbia. In 1999, Katie received an MBA from The Kellogg School at Northwestern University and has a strategy consulting background. She is a highly motivated and very reliable Realtor who works with honesty and integrity. Katie's clients are her primary focus and her work is comprehensive and thorough. Having lived in the Washington DC metro area for 20 years, she has gained a strong knowledge of the neighborhoods and communities and always knows the current trends. Katie utilizes the latest technologies, market research and business strategies to meet your expectations. However, more importantly, she listens and that means she finds solutions that are tailored to you. For sellers, Katie will conduct a comprehensive market analysis to determine just the right list price and will execute a proven market strategy to sell your home. For buyers, she will listen to your needs and will diligently search and work with you until she helps find the right home. Please feel free to contact Katie with any of your real estate questions. If you are interested in joining her mailing list to receive a free monthly real estate newsletter, please email her at katieloughney@mris.com.
Education and Licenses: - Licensed in Virginia and Washington DC - REO Certified andSFR (certified Short Sale and Foreclosure Resource) - BA from Georgetown University - MBA in Management and Finance from Northwestern University, The Kellogg School - Board of Directors of AHOME (Arlington Home Ownership Made Easy)
Prior Work Experience: - IBM Global Business Services: Strategy Consultant and Knowledge Manager - PricewaterhouseCoopers: Strategy Consultant - Booz Allen Hamilton: Environmental Consultant
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
