Dupont Circle Real Estate & Homes for Sale

In September 2024, home prices in Dupont Circle experienced a 9.92% decrease compared to the same month last year, with the median price now at $432,000. Homes in the area are taking longer to sell, averaging 39 days on the market, up from 28 days last year. Interestingly, despite the price drop and longer time on market, the number of homes sold has risen, with 77 properties sold this September compared to 70 the previous year. This increase in sales volume suggests sustained buyer interest, even as prices have softened, potentially making this a more favorable market for buyers looking to negotiate.

The Dupont Circle housing market is moderately competitive, with homes typically selling within 36 days. While most properties sell for about 1% below the list price, some receive multiple offers, reflecting steady buyer interest. Highly desirable or "hot" homes can sell at around the list price and go pending in just 14 days, indicating strong demand for select properties in this popular neighborhood.