MRIS list of "hottest" DC neighborhoods (based on days on market)

[Anonymous]

I, for one, didn't see this coming.

http://mrisblog.com/blog/10-dc-neighborhoods-where-homes-are-selling-in-10-days-or-less/

Ten DC Neighborhoods Where Homes Are Selling In Ten Days Or Less (median days on market from Jan 2014 to April 2014)

1. Takoma Park
2. Wakefield
3. Rhode Island Avenue NE
4. Chevy Chase
5. Mount Pleasant
6. American University Park
7. Old City #1
8. Brookland
9. Cleveland Park
10. Spring Valley

[ Edited to comply with copyright laws. ]

[Anonymous]

Interesting. Is this a low-inventory issue?

[Anonymous]

Surprised Pimmit Hills is not on the list *ducks*

[Anonymous]

Anonymous wrote:Surprised Pimmit Hills is not on the list *ducks*

DC city, if you include the suburbs I think Arlington and Bethesda would be on the list.

[Anonymous]

Yup, the 3 that I have personally seen are 1, 3 and 8. Houses going quickly!

[Anonymous]

I live in Wakefield and houses are under contract before the open house every. single. time.

[Anonymous]

I live in 7 and watching houses sell is like a game. The last one on our street went for $100k over. And these are only 700-800k houses!

[Anonymous]

Where is Wakefield?

[Anonymous]

Anonymous wrote:Where is Wakefield?

If only there was a link to click. Anyone? Anyone? Can you please provide a link to click...

[Anonymous]

It is a tiny triangle in NW that you probably would have called Van Ness or Tenley. This is from Wikipedia.

Wakefield is a neighborhood in the Northwest quadrant of Washington, D.C., bounded by Albemarle Street NW to the south, Nebraska Avenue NW to the west, and Connecticut Avenue to the east. It is served by the Van Ness-UDC and Tenleytown-AU station on the Washington Metro's Red Line.

[Anonymous]

The fact that 2 4 6 9 and 10 comprise at least 50% of the homes sold in DC (at a minimum) should really put to rest the common DCUM snark that the "old white people" neighborhoods are "a thing of the past" and families ***with a choice*** are instead choosing your eckingtons because of "diversity" or something.

This data shows otherwise.

I personally like Shaw don't get me wrong. But I'm tired of the milennial snark.

[Anonymous]

Anonymous wrote:The fact that 2 4 6 9 and 10 comprise at least 50% of the homes sold in DC (at a minimum) should really put to rest the common DCUM snark that the "old white people" neighborhoods are "a thing of the past" and families ***with a choice*** are instead choosing your eckingtons because of "diversity" or something.

This data shows otherwise.

I personally like Shaw don't get me wrong. But I'm tired of the milennial snark.

I am an obsessive reader of this forum (not proud; it's a problem) and I haven't seen that sentiment expressed here. My family bought in #7 mostly because it's where we could afford.

[Anonymous]

Anonymous wrote:Surprised Pimmit Hills is not on the list *ducks*

I think this list is just for DC.

[Anonymous]

Old city #1 = Capitol Hill

[Anonymous]

Anonymous wrote:The fact that 2 4 6 9 and 10 comprise at least 50% of the homes sold in DC (at a minimum) should really put to rest the common DCUM snark that the "old white people" neighborhoods are "a thing of the past" and families ***with a choice*** are instead choosing your eckingtons because of "diversity" or something.

This data shows otherwise.

I personally like Shaw don't get me wrong. But I'm tired of the milennial snark.

Before you jump to such conclusions you need to see the actual data behind this. I know for a fact that Eckington, Bloomingdale and Ledroit Park have had very little inventory recently and homes have been snatched up within a day or two of listing again and again.