The 2021 Annual
Market Review
A B OV E : 2 7 0 6 O L I V E ST R E E T N W, G EO R G E TO W N D C – J U ST S O L D C OV E R : 1 0 0 4 D O G U E H I L L L A N E , M C L E A N VA
Contents S I NGL E FA MI LY HO M ES PG 4-7
N O RT H W EST DC
PG 8 - 9
N O RT H E AST & DOW NTOW N DC
PG 10 -13
N O RT H E R N V I RG I NI A
PG 14-1 5
V I RG I N I A’S H O RS E & W I N E R EG I O N
PG 16-17
MO NTG O ME RY COUN T Y MA RYL A N D
PG 1 8 -19
C H ESA P E A K E BAY R EG I O N
CO NDO & CO - O PS PG 20 - 23
WAS H I N GTO N DC
PG 24- 2 5
N O RT H E R N V I RG I NI A
PG 26- 27
MO NTG O ME RY COUNT Y MA RYL A N D
Comparison based on 1/1/20 - 12/31/20 vs. 1/1/21 - 12/31/21. Source Bright MLS. Data deemed reliable, but not guaranteed. ©2022 TTR Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned And Operated. SIR1
Single Family Homes
4 6 0 4 R O C K W O O D P K W Y N W, S P R I N G VA L L E Y
Northwest DC K A LO RA M A
$2,825,000
C L E V E L A N D PA R K
23%
$1,875,000
Median Sold Price
Median Sold Price
1%
35 30%
66
Homes Sold
Avg. Days on Market
12%
Avg. Days on Market
Median Sold Price
23%
199 17%
10
Homes Sold
Avg. Days on Market
12 0%
78 48%
Homes Sold
Avg. Days on Market
M O U N T P L E ASA N T
FO R EST H I L LS
1%
$1,375,000
Median Sold Price
12%
Median Sold Price
35%
17 35%
17
Homes Sold
Avg. Days on Market
ANNUAL MARKET REVIEW 2021
18 10%
Homes Sold
$3,600,000 4%
Median Sold Price
$1,821,000
51 0% M AS S. AV E H E I G H TS
C H E V Y C H AS E , D C
$1,315,000
4%
71 9%
7
50%
Homes Sold
Avg. Days on Market
PG 5
Northwest DC A M E R I CA N U N I V E RS I T Y
G EO R G E TOW N
$1,350,000
3%
$1,735,000
Median Sold Price
Median Sold Price
97 26%
12
Homes Sold
Avg. Days on Market
9%
198 37%
47 31%
Homes Sold
Avg. Days on Market
G LOV E R PA R K / BU R L E I T H
S P R I N G VA L L E Y
$1,200,000 9%
$1,845,000
Median Sold Price
Median Sold Price
44%
109 18%
10
Homes Sold
Avg. Days on Market
66%
5%
Homes Sold
ANNUAL MARKET REVIEW 2021
49 7%
10 64%
Homes Sold
Avg. Days on Market
$1,500,000 5%
Median Sold Price
39
4%
PA L I SA D ES
W ES L EY H E I G H TS
$1,950,000
12%
Median Sold Price
29
4%
Avg. Days on Market
53 Homes Sold
18%
21
52%
Avg. Days on Market
PG 6
3 0 3 0 P ST N W, G EO R G E TO W N
5 0 6 3 OV E R LO O K R D N W, S P R I N G VA L L E Y
Northeast & Downtown DC LO G A N
DUPONT
$1,700,000 3%
$1,760,000
Median Sold Price
Median Sold Price
38 31%
44
91%
Homes Sold
Avg. Days on Market
74 72%
33 44%
Homes Sold
Avg. Days on Market
S H AW
CA P I TO L H I L L
$1,099,000 0%
$1,129,000
Median Sold Price
Median Sold Price
92 1%
13
Homes Sold
Avg. Days on Market
7%
511
24%
Homes Sold
B LO O M I N G DA L E / L E D R O I T PA R K
P E T WO RT H
$1,000,000 2%
$845,000
Median Sold Price
Median Sold Price
121
42%
Homes Sold
ANNUAL MARKET REVIEW 2021
19
27%
Avg. Days on Market
5%
15% 19 0% Avg. Days on Market
9% 17%
315 9%
15
Homes Sold
Avg. Days on Market
PG 8
4 4 6 B U C H A N A N ST N W, P E T W O R T H
1 8 2 1 S ST N W, D U P O N T
Single Family Homes
1 0 5 0 9 B E AC H M I L L R D, G R E AT FA L L S
Northern Virginia CITY OF ALEXANDRIA
$815,000
A L E X A N D R I A ( FA I R FA X C O U N T Y )
4%
$629,900
Median Sold Price
1,482 12% 16 Homes Sold
16%
Avg. Days on Market
9% 29
Homes Sold
Avg. Days on Market
34%
194 15%
34 32%
Homes Sold
Avg. Days on Market
FA L LS C H U R C H
A R L I N GTO N
5%
$790,000
Median Sold Price
7%
Median Sold Price
1,646 25% 19
ANNUAL MARKET REVIEW 2021
Avg. Days on Market
Median Sold Price
571 14%
Homes Sold
Homes Sold
$1,600,000 22%
Median Sold Price
$995,000
2,695 15% 14 18% MCLEAN (22102)
M C L E A N ( 2 2 10 1 )
$1,416,000
6%
Median Sold Price
14%
Avg. Days on Market
1,109 12% 15 Homes Sold
21%
Avg. Days on Market
PG 11
Northern Virginia VIENNA
G R E AT FA L LS
$955,000 9%
$1,425,000
Median Sold Price
Median Sold Price
1,019 18% 20 33%
349 1%
39 25%
Homes Sold
Homes Sold
Avg. Days on Market
Avg. Days on Market
19%
FA I R FA X
R ESTO N
$700,000 11%
$595,000 3%
Median Sold Price
Median Sold Price
1,937 7%
13
28%
Homes Sold
Avg. Days on Market
14 13%
Homes Sold
Avg. Days on Market
C L I F TO N
L E ES B U RG
$715,000
913 6%
16%
$840,000 14%
Median Sold Price
Median Sold Price
1,435 0%
12
Homes Sold
Avg. Days on Market
ANNUAL MARKET REVIEW 2021
45%
221 0%
12
Homes Sold
Avg. Days on Market
56%
PG 12
1004 DOGUE HILL LN, MCLEAN
2 0 0 1 & 2 0 0 7 W H I T EOA K S D R , A L E X A N D R I A
Virginia’s Horse & Wine Country M I D D L E BU RG
THE PLAINS
$915,000 11%
$619,000 4%
Median Sold Price
Median Sold Price
90
23%
Homes Sold
62
16%
Avg. Days on Market
36
18%
Homes Sold
62 37% Avg. Days on Market
M A RS H A L L
U P P E RV I L L E
$551,000 10%
$945,000 47%
Median Sold Price
Median Sold Price
141 14%
28
62%
Homes Sold
Avg. Days on Market
10
33%
Homes Sold
108 33% Avg. Days on Market
WA R R E N TO N
PU R C E L LV I L L E
$552,500 12%
$685,000 15%
Median Sold Price
Median Sold Price
700 6%
14
Homes Sold
Avg. Days on Market
ANNUAL MARKET REVIEW 2021
55%
341 3%
18 38%
Homes Sold
Avg. Days on Market
P G 14
1 3 8 8 C R E N S H AW R D, U P P E R V I L L E – U N D E R C O N T R AC T
3 4 6 7 9 ATO K A C H A S E L N , M I D D L E B U R G
Single Family Homes
3 2 1 5 E A ST W E ST H I G H WAY, C H E V Y C H A S E
Montgomery County B E T H ES DA
$1,250,000
C H E V Y C H AS E , M D
13%
$1,475,000
Median Sold Price
1,049 16% 17 Homes Sold
45%
Avg. Days on Market
17%
21
Homes Sold
Avg. Days on Market
$550,000 10%
Median Sold Price
Median Sold Price
721 5%
23
Homes Sold
Avg. Days on Market
47%
2,523 21% 14 22% Homes Sold
Avg. Days on Market
N O RT H P OTO M AC
R O C KV I L L E
$667,500 14%
$630,000 8%
Median Sold Price
Median Sold Price
230 11%
25
Homes Sold
Avg. Days on Market
ANNUAL MARKET REVIEW 2021
48%
351 32% S I LV E R S P R I N G
P OTO M AC
$1,150,000
8%
Median Sold Price
108%
1,560 15% 16 Homes Sold
30%
Avg. Days on Market
PG 17
14 4 1 S H A R P S P O I N T R D, A N N A P O L I S – J U ST S O L D
7 9 5 0 B LO O M F I E L D R OA D, E A STO N – S O L D 1 1 / 2 0 2 1
Chesapeake Bay Region ANNAPOLIS
S E V E R N A PA R K
$535,000 8%
$625,000 9%
Median Sold Price
Median Sold Price
50%
1,546 1%
24
Homes Sold
Avg. Days on Market
494 4%
18 47%
Homes Sold
Avg. Days on Market
E D G E WAT E R
ST E V E N SV I L L E
$482,500 9%
$455,000 9%
Median Sold Price
Median Sold Price
518 2%
25
49%
Homes Sold
Avg. Days on Market
332 19%
30 57%
Homes Sold
Avg. Days on Market
E ASTO N
SA I N T M I C H A E LS
$381,250 9%
$568,750 1%
Median Sold Price
Median Sold Price
442 2%
36
Homes Sold
Avg. Days on Market
ANNUAL MARKET REVIEW 2021
58%
106 3%
39 67%
Homes Sold
Avg. Days on Market
PG 19
Condos & Co-ops
9 2 5 H ST N W # 5 1 6 , D O W N TO W N D C
DC Condos D OW N TOW N
DUPONT
$510,000 6%
$430,000 6%
Median Sold Price
Median Sold Price
517 48%
34
55%
Units Sold
Avg. Days on Market
485 36%
37 32%
Units Sold
Avg. Days on Market
LO G A N
S H AW
$647,500 7%
$755,000 8%
Median Sold Price
Median Sold Price
314 37%
27
23%
Units Sold
Avg. Days on Market
107 3%
35 67%
Units Sold
Avg. Days on Market
CA P I TO L H I L L
P E T WO RT H
$532,000 4%
$483,165
Median Sold Price
Median Sold Price
216 14%
37
Units Sold
Avg. Days on Market
ANNUAL MARKET REVIEW 2021
23%
7%
180 7%
24 31%
Units Sold
Avg. Days on Market
PG 21
DC Condos N AV Y YA R D
THE WHARF
$545,000 1%
$349,900 0%
Median Sold Price
Median Sold Price
85
18%
Homes Sold
23
15%
Avg. Days on Market
135 21%
43 43%
Homes Sold
Avg. Days on Market
FO G GY B OT TO M / W EST E N D
G EO R G E TOW N
$322,500 33%
$687,000 12%
Median Sold Price
Median Sold Price
16
20%
Homes Sold
65
27%
Avg. Days on Market
92 Homes Sold
15%
48 33% Avg. Days on Market
K A LO R A M A
$594,500 4% Median Sold Price
158 25%
33
Homes Sold
Avg. Days on Market
ANNUAL MARKET REVIEW 2021
22%
PG 22
5 2 5 LO N G F E L LO W ST N W # 2 , P E T W O R T H – U N D E R C O N T R AC T
1 1 1 1 2 3 R D ST N W # 3 A , W E ST E N D
Condos & Co-ops
6 0 1 N FA I R FA X ST # 2 1 4 , A L E X A N D R I A – C O N T R AC T P E N D I N G
Northern VA Condos A R L I N GTO N
MCLEAN
$445,000 1%
$415,000 2%
Median Sold Price
Median Sold Price
1,887 29% 33 Homes Sold
83%
Avg. Days on Market
369 41%
46 70%
Homes Sold
Avg. Days on Market
ALEXANDRIA CITY
A L E X A N D R I A ( FA I R FA X C O U N T Y )
$335,000 0%
$295,000 1%
Median Sold Price
Median Sold Price
1,684 21%
27
59%
Homes Sold
Avg. Days on Market
786 13%
25 56%
Homes Sold
Avg. Days on Market
FA I R FA X
FA L LS C H U R C H C I T Y
$360,000 6%
$300,000 6%
Median Sold Price
Median Sold Price
725 34%
20 33%
632 21%
30 88%
Homes Sold
Avg. Days on Market
Homes Sold
Avg. Days on Market
ANNUAL MARKET REVIEW 2021
PG 25
Condos & Co-ops
5 6 1 0 W I S C O N S I N AV E # P H 1 9 B , C H E V Y C H A S E – C O N T R AC T P E N D I N G
Montgomery County Condos B E T H ES DA
$337,500
C H E V Y C H AS E , M D
3%
$497,050 9%
Median Sold Price
Median Sold Price
7%
454 23%
48
Homes Sold
Avg. Days on Market
176 27%
49 7%
Homes Sold
Avg. Days on Market
S I LV E R S P R I N G
R O C KV I L L E
$245,000 6.5%
$339,450
Median Sold Price
Median Sold Price
15%
1,058 18%
29
Homes Sold
Avg. Days on Market
6%
646 47%
31
6%
Homes Sold
Avg. Days on Market
GA I T H E RS B U RG
$256,450 7% Median Sold Price
570 21%
22
Homes Sold
Avg. Days on Market
ANNUAL MARKET REVIEW 2021
29%
PG 27