Early Summer 2025
Early summer has arrived in Dupont Circle and while the actual temperatures have been mild, the real estate market has heated up noticeably. This report is a snapshot of activity over the first five months of 2025. If current trends hold, we’re in for increased activity and strong sales during the peak buying and selling season.
There have been 39 closings since January. The days on market (DOM) has ranged from zero to 226 with an average of 49. Sales prices have hovered between $850,000 and $3,700,000 for an average of $1,907.54. The list-to-sales ratio has been all over the map, from 79.55 to 132.66 percent of asking, balancing out at a high 98.54 percent. A highlight was an 1885 Victorian rowhouse that listed at $995,000 before being bid up to $1,320,000.
Overall, the numbers appear to be more robust than this same time period last year with substantially more sales (39 to 24), and a higher average closing amount ($1,907.54 to $1,833,589). This tracks with all the recent indicators for Dupont Circle, from rising prices to voracious buyer appetites. With a low current inventory, it’s a good time to be listing. As always, please don’t hesitate to reach out for a private consultation.