DC Brief / Pulse

Overpriced homes pay for it later.

The fast closings and the deep cuts this week had one cause: the original ask. What it did on Capitol Hill and Logan Circle, and why most of this week's mover headlines are arithmetic.

Brian R. Hill

The week in one scene

The houses that sold fast this week sold at the price they started with. The houses that sold slow gave a great deal of it back. 1418 E St NE on Capitol Hill listed at $850,000, sat 310 days, and closed at $450,000, barely half. Ten of the 12 homes that closed within ten days sold at or above their original price. Four closed below 78% of it, after 16, 108, 191 and 310 days on the market. Neighborhood did not sort those two groups; the first price did.

What moved, and why

Park View: Up 7.1% to $750K on 47 sales, and a rotation

Park View looks like a surge and is not. One house closed, 449 Luray Pl NW, at $777,000 in 7 days, above its $724,999 original. A sale that high replaced sales that sat lower, so the median jumped without a single seller asking for more. The year-over-year improvement comes from the same swap. Read the 7.1% as the sample changing, not the neighborhood repricing. Buyers paid roughly what they paid last week.

Brightwood: Clock down from 31 to 27 days on 62 sales

Brightwood sold faster on paper and did not change on the street. One house closed, 729 Roxboro Pl NW, at $642,000 in 15 days, just under its $649,000 original. One sale cannot move a 62-sale clock. What moved it was the slow sales leaving the window, which leaves a faster-looking average. The price held at $650,000. A seller reading the clock as a reason to price up is reading the departures, not the buyers.

Hill East: Up 2.3% to $895K on 40 sales, with no closing

No Hill East house closed this week, and the median still rose $20,000. A few older sales dropped out of the window and the ones left sit higher. That is the calendar, with nothing behind it. Days on market held at 9 and list-to-sale at 99.7%, which says the neighborhood is where it was: fast, and at ask. Anyone quoting the new median as appreciation is quoting the calendar. The better number is the nine days.

Logan Circle: Up 0.2% to $1.45M on 47 sales

Logan Circle held its median and produced the cut of the week. 1454 NW Corcoran St NW listed at $1,600,000 and closed at $1,130,000, 70.6% of its original and $320,000 under the neighborhood median. The median did not notice, because 47 sales absorb one outlier. The sale matters for what it shows. The original number was a guess about how high a buyer would go, and 16 days later a buyer answered it.

Capitol Hill: Up 2.8% to $1.10M on 297 sales, the deepest sample

Four Capitol Hill houses closed and they tell two stories. 623 Lexington Pl NE sold in 6 days for $1,310,000, 104.8% of its original. 1418 E St NE took 310 days and closed at $450,000 against $850,000. The median barely registered either, which is what 297 sales do. The selection script offered Adams Morgan, where nothing closed, so Capitol Hill takes the slot. Fast and slow sold on the same blocks. The first price was the difference.

Every neighborhood, as of October 12, 2026

NeighborhoodMedian PriceMoMDOM$/sqftL2SYoYSales, 12 mo
Kalorama Heights$2.60M+1.2%32$72197.0%-21.6%25
Georgetown$1.90M—12$99998.1%+0.4%104
Dupont Circle$1.80M—17$80697.9%-0.2%58
Woodley Park$1.73M—7$836100.3%-8.2%15
Lanier Heights$1.70M+6.1%9$785100.0%+13.1%4
Kalorama Triangle$1.63M—65$68994.0%-8.1%8
Burleith-Hillandale$1.62M—8$93097.4%-10.6%40
Crestwood$1.57M+22.8%0$670100.0%+12.5%3
North Cleveland Park$1.55M—9$81599.4%+8.8%13
Mount Pleasant$1.47M+1.0%6$692100.0%-4.2%57
Logan Circle$1.45M+0.2%20$77698.2%-17.4%47
Cathedral Heights$1.40M+1.3%28$70496.0%-5.7%15
Foxhall Village$1.33M—6$813100.4%-1.5%15
Glover Park$1.32M+5.2%10$86298.4%+1.9%29
Chevy Chase$1.30M+3.0%8$62397.5%+8.4%15
Cleveland Park$1.29M-2.5%16$74796.4%-9.2%16
Forest Hills$1.21M-7.1%6$836100.7%-6.6%2
Friendship Heights$1.18M-2.1%7$716100.0%+18.0%13
Navy Yard$1.16M—19$61798.1%+2.0%12
American University Park$1.15M+3.8%7$622100.0%+6.8%5
Shaw$1.13M—20$65799.2%+1.8%55
Foggy Bottom$1.12M—39$85995.6%-2.5%4
West End$1.10M—11$79595.7%-43.6%3
Capitol Hill$1.10M+2.8%8$71999.0%-2.7%297
Sixteenth Street Heights$1.06M+1.4%19$56097.8%+5.4%35
Adams Morgan$1.02M—27$69495.5%-20.7%10
U Street$1.00M+0.3%23$73697.6%+0.3%35
Bloomingdale$940K+0.3%25$53898.4%-14.2%45
Mount Vernon Square$928K+8.5%31$56596.0%-28.7%6
LeDroit Park$897K—37$54196.0%-0.6%26
Hill East$895K+2.3%9$67799.7%+5.3%40
Columbia Heights$874K+1.6%14$53097.4%-4.2%94
Near Northeast / NoMa / H Street$859K+1.2%18$62797.3%-4.3%81
Southwest Waterfront$805K-0.9%26$488100.0%-17.0%25
Petworth$800K+0.1%26$52096.8%-4.3%126
Truxton Circle$780K+3.3%41$46994.4%+6.4%27
Park View$750K+7.1%27$50097.0%-3.2%47
Brightwood Park$722K-0.3%33$51597.4%+5.5%74
Eckington$720K+4.2%32$50196.9%+18.5%64
Brightwood$650K+1.6%27$45397.2%+2.4%62
Wakefield$639K—8$435100.0%+3.9%11
Brookland$632K+0.4%23$49098.9%+4.5%102
Kingman Park$625K+6.4%20$54799.3%+0.8%59
Trinidad$575K+1.5%42$43496.2%-7.3%67

Row houses only, fee simple and condo, closed sales from BrightMLS. Median price, DOM, $/sqft and L2S are medians of the 12 months ending October 12, 2026. Sales is the number of closings in those 12 months. MoM compares the median to four weeks earlier; YoY to the prior 12 months. Greyed rows have fewer than 10 sales: a handful of houses, not a market.

Three sales that explain the week

3350 18th St NW, Mount Pleasant: $1,450,256, settled October 6. Six bedrooms, 2,495 square feet, $581 a foot. Listed at $1,195,000 and sold in 7 days at 121.4% of the original, a $255,256 premium and the largest over ask of the week. The final price per foot sat 16.0% below Mount Pleasant's $692 median. The ask started under the neighborhood's price per foot, and buyers closed the gap in a week.

1454 NW Corcoran St NW, Logan Circle: $1,130,000, settled October 9. Four bedrooms, four baths. Listed at $1,600,000 and closed at 70.6% of the original, a $470,000 cut, the largest in dollars this week. The record shows 16 days on market. The price that cleared sat $320,000 under the Logan Circle median, which means the original ask was set $470,000 above what a buyer paid.

1116 Allison St NW, Petworth: $450,000, settled October 6. Three bedrooms, three baths, 1,598 square feet, $282 a foot. Listed at $599,999 and sold after 191 days at 75.0% of the original, a $149,999 cut. Six months of showings produced a reduction that a different first price would have produced in the first week. The ask was the only variable that changed.

What I would do with this

Four houses closed this week below 78% of their original ask, after 16 to 310 days on the market. Ten of the 12 that sold within ten days closed at or above it. Those are two first prices, not two markets. When I price a listing I use the last three closings on its own blocks, not the number a seller hopes to see. The hopeful number gets corrected eventually, in dollars, by a buyer, after months of showings. I would rather have that conversation on day one, with comparable sales in hand, than on day 191. The first price is the cheapest one to get right.

Name any block in DC and I will send you every sale on it for the last 24 months. No charge. Start with the address.

Send me every sale on my block

Related: Capitol Hill Logan Circle Park View Brightwood Hill East Mount Pleasant Petworth

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