The American University Park housing market is very competitive, with strong buyer demand despite mixed pricing trends. The median sale price of a home was $1.4 million last month, down 17.6% year-over-year, suggesting a shift toward lower-priced or smaller overall home sales. However, the median sale price per square foot rose sharply by 28.7% to $717, indicating that buyers are willing to pay a premium for smaller, updated, or well-located properties, keeping competition high.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In May 2025, the American University Park housing market remained very competitive despite a 17.6% year-over-year drop in home prices, with the median price at $1.4 million. Homes sold quickly, averaging 13 days on the market, though slightly longer than the 7 days recorded last year. Sales activity slowed, with 11 homes sold compared to 15 the previous year, indicating reduced transaction volume even as demand for desirable properties remains strong.
The American University Park housing market is very competitive, with homes typically selling in just 6 days. Many properties receive multiple offers, and some buyers waive contingencies to secure a purchase. On average, homes sell for around the list price and go pending within a week, while hot homes can sell for about 2% above asking and go pending in as little as 3 days, reflecting strong buyer demand and limited inventory.
In June 2025, homes in American University Park sold for approximately the asking price on average, indicating a highly competitive market where sellers are achieving close to their initial listing prices. This suggests strong buyer demand, with limited room for negotiation, as well-priced properties are likely attracting multiple offers and selling quickly at or near full market value.
Compass
660 Pennsylvania Ave., SE, #401, Washington, DC 20003
Jeanne Phil Meg Team
