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About Washington's Southwest Dc Waterfront

Southwest Waterfront Market Report

11-02-09
Steve Dean
Steve Dean: Real Estate Agent in Washington, DC

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

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Search for properties for sale in Southwest DC: http://www.swdcrealestate.com
Search the MLS for the DC region: http://search.myDCagent.com

Steve Dean
RE/MAX Allegiance 202-338-8900
220 7th Street SE
Washington, DC 20003
202-525-6499

Equal Housing Opportunity
All information deemed correct, but not guaranteed
Each RE/MAX office is independently owned & operated.

Southwest DC Waterfront Market Report

07-09-09
Steve Dean
Steve Dean: Real Estate Agent in Washington, DC

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:  55 homes (current asking price)
Low:   $115,000
High:  $899,900
Average: $322,416

Under Contract:  26 homes (asking price at contract)
Low:  $109,900
High:  $539,900
Average:  $313,387

Sold since 1/1/2009 43 homes sold (final sales price)
Low:  $90,000
High: $750,000
Average:  $267,470

Average asking price for sold properties: $282,137

 

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Search for properties for sale in Southwest DC: http://www.swdcrealestate.com
Search the MLS for the DC region: http://search.myDCagent.com

Steve Dean
RE/MAX Allegiance 202-338-8900
220 7th Street SE
Washington, DC 20003
202-525-6499

Equal Housing Opportunity
All information deemed correct, but not guaranteed
Each RE/MAX office is independently owned & operated.

 

 

Facade Begins to Appear at Waterfront Station in Southwest DC

03-09-09
Steve Dean
Steve Dean: Real Estate Agent in Washington, DC

The facade has begun to be attached to the west building at Waterfront Station as the photograph below shows.

Waterfront Station is a 2.5 million square foot mixed-use revitalization in the heart of Southwest Washington, DC. Located at M and 4th Streets SW, the site is right at the Waterfront-Southeastern University Metro Station and near the Southwest waterfront. 

Waterfront Station replaces the old Waterside Mall that was demolished in 2008.

More information about the new Waterfront Station is available on the developer's website:http://www.waterfrontdc.com/project/

 

Waterfront Station - Southwest DC

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Search for properties for sale in Southwest DC: http://www.swdcrealestate.com
Search the MLS for the DC region: http://search.myDCagent.com

Steve Dean
RE/MAX Allegiance 202-338-8900
220 7th Street SE
Washington, DC 20003
202-525-6499

Equal Housing Opportunity
All information deemed correct, but not guaranteed
Each RE/MAX office is independently owned & operated.

Arena Stage Construction Update - Southwest DC

02-26-09
Steve Dean
Steve Dean: Real Estate Agent in Washington, DC
Construction at Arena Stage is progressing rapidly and the new Mead Center is taking form.
These photographs were taken February 25, 2009 at the corner of 6th & M Streets SW. The eventual vision of the new Arena Stage can be seen in the architect's rendering.

While construction is taking place, Arena Stage is holding performances in Crystal City and on U Street NW.

Google Maps has updated its satellite photograph of the area which now shows the construction site after the old theatre was leveled and before the construction began. To see the image, visit: Google Maps. Arena Stage has a construction camera onsite. To learn more about Arena Stage's Next Stage, visit their website.

 

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Search for properties for sale in Southwest DC: http://www.swdcrealestate.com
Search the MLS for the DC region: http://search.myDCagent.com

Steve Dean
RE/MAX Allegiance 202-338-8900
220 7th Street SE
Washington, DC 20003
202-525-6499

Equal Housing Opportunity
All information deemed correct, but not guaranteed
Each RE/MAX office is independently owned & operated.

 

 

Waterfront Station Construction Progresses in Southwest Waterfront, Washington, DC

02-26-09
Steve Dean
Steve Dean: Real Estate Agent in Washington, DC
Construction of the new Waterfront Station in Southwest DC is progressing. The first two buildings appear to have topped-off, and the area that will become 4th Street SW between M Street SW and I Street SW is now visually apparent.
Google Maps has updated its satellite photograph of the area which now shows the construction site after the old buildings were leveled and before the new ones arose. To see the image, visit: Google Maps. More information about the new Waterfront Station is available on the developer's website: http://www.waterfrontdc.com/project/

 

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Search for properties for sale in Southwest DC: http://www.swdcrealestate.com
Search the MLS for the DC region: http://search.myDCagent.com

Steve Dean
RE/MAX Allegiance 202-338-8900
220 7th Street SE
Washington, DC 20003
202-525-6499

Equal Housing Opportunity
All information deemed correct, but not guaranteed
Each RE/MAX office is independently owned & operated.