A Balanced Year: The Shaw Housing Market

by. UrbanTurfSTaff

1709 H Street NE
Capitol Hill Condo | 1709 H Street NE |View Listing HERE

With the fall housing market in full swing, UrbanTurf is taking a look at the neighborhood markets around the DC region. Today, we head over to Shaw. 

Shaw is a neighborhood where the for-sale housing stock breaks down fairly evenly between condos and townhomes, which is represented in 2019 sales where 41 percent of transactions were condo sales. Median home prices were up a bit overall in the neighborhood, with three-bedroom townhome prices popping the most. Overall, Shaw has a more balanced market than other inventory-starved DC neighborhoods, which means that buyers have a little more choice and leverage. Below are some statistics about the Shaw market. 

711 15th Street NE
Capitol Hill Condo | 711 15th Street NE #3 | View Listing HERE
  • $799,555 — The median home sales price in Shaw in 2019, up 3.5% from last year.
  • $1.351 million — The average home price for a townhome with three bedrooms, up 13.5% from last year.
  • 54% — The percentage of homes that sold within ten days of being listed in 2019.
  • 2.5 months — The supply of homes on the market in March. 
  • 32 — The number of condos sold in the neighborhood this year, 41% of total sales. 

Check out more of our Featured Listings.

Reported on September 25th, 2019 | by UrbanTurf