Dupont

Hot or Not?

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The Washington Post recently reported on the three “hottest” neighborhoods in DC with the help of data from Real Estate Business Intelligence (RBI). And by what measure did they dub them thusly?

“Since there is no singular definition for what makes a neighborhood popular, we looked at a few data points: the number of new listings, the length of time homes are on the market before they sell, and whether the properties sell for more than the original listing price. After crunching all the numbers, it quickly became clear that three distinct D.C. neighborhoods dominate the playing field.”

And the three “winners” are (drumroll please):

Dupont Circle/AdMo (Zip = 20009)
Columbia Heights
Capitol Hill

For more details and a full breakdown on the data, check out the complete article here. 

Clearly, if you own property in one of these neighborhoods, then you should seriously be considering selling. (Unless of course you just bought your place.) But here’s something for my homebuyers out there to chew on. Does the fact that these neighborhoods are so “hot” based on the above-named criteria actually make them good locations for you to be shopping in? Or does this article actually serve as a good list of neighborhoods for you to avoid if you’re not interested in engaging in a bidding war?

Don’t get me wrong, these are all fabulous neighborhoods and I’ve managed to find some great deals for my clients in these areas, even in the midst of the current market madness. I’m just saying that it’s worth reading between the lines a little bit when it comes to big fancy labels like “Hottest Hoods in Town.”

If you own in one of those areas and are thinking about selling, or are thinking about buying and are curious about some of the neighborhoods in town that would make great alternatives to the ones listed above, shoot me an email!

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The Most Expensive House in Dupont/Kalorama

I thought it would be fun to kick off 2014 with a look at some of the most expensive homes that sold in DC in 2013. Each week in January, I’m posting the most expensive homes that closed in 2013 in the three DC neighborhoods that my clients were most interested in. In week 4, I’ll post the most expensive home that sold in all of DC!

Last week I featured the Logan/Shaw area. This week, I’m looking at the Dupont/Kalorama area. Which, if you’re curious, I defined thusly:

Dupont Kalorama Map

The most expensive home that sold in the Dupont/Kalorama  area in 2013 was 2424 Kalorama Rd. NW*. 

Here are the details:

Sale Price:  $4,500,000
List Price: $4,995,000
Days on Market: 292
Close Date: Nov. 22, 2013
Bedrooms: 5
Bathrooms: 4.5
Sq. Ft.: 8,180 (This is the lot sq. footage – the home’s wasn’t given.)

Features worth noting:

  • Huge, gorgeous garden – especially notable in the heart of the city.
  • Spacious laundry room includes temp-controlled wine storage.
  • Fireplace in bedroom – love it!
  • Historic decor contrasts nicely with modern touches like the beautiful open kitchen.

 The eye candy:
(These are just a few of my favorite pics of the bunch. Click here to see the full listings and all of its accompanying photos.)

 

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Click here to see the full listing!
Listing courtesy of William F.X. Moody of Washington Fine Properties

 

*Note: there were two other listings in the area that were more expensive, but it was unclear from the listings whether they were multi-unit buildings or single-family homes, so I took them out of the running.