Southwest Waterfront Market Report

Southwest DC Waterfront is a wonderful example of mid-century American architecture, much of Southwest was redeveloped in the 1950-1960s. The neighborhood offers everything from small studio apartments to large townhouses and palatial apartments with water views.

The residential area of Southwest DC is bounded by South Capitol Street to the east, 14th Street to the west, the Southeast-Southwest Freeway to the north, and Washington Channel to the south.

Here are the figures:

Currently For Sale: 61 homes (current asking price)
Low: $117,000
High: $899,900
Average: $$308,962

Under Contract: 13 homes (asking price at contract)
Low: $120,000
High: $865,000
Average: $382,438

Average Number of Days on Market Until Contract: 20

Sold since 1/1/2009 96 homes sold (final sales price)
Low: $90,000
High: $783,000
Average: $286,337
Average asking price for sold properties: $299,395 Average Number of Days on Market Until Contract: 111