H St. Corridor/Atlas District Housing Trends 2016/17’ Presented by: Washingtopia Real Estate Brokerage and Capital Market Appraisal When the facts change, I change my mind. What do you do, sir? —John Maynard Keynes Contents 04 Introduction 05 High, low, and median sale price 06 Volume/Value pyramid 06 Pyramid apex 07 Annual sales volume by property type 07 Annual sales volume by type of transaction financing 08 Price range distribution by property type 08 Property type sales distribution 09 Home sales by price range 09 Condo unit sales by price range 10 Median and average days on market 5-year trend 12 About us | Washingtopia Real Estate 12 About us | Capital Market Appraisal Presented by: Washingtopia Real Estate Llc. [email protected] +1 202 810 1020 www.Washingtopia.com and Capital Market Appraisal [email protected] +1 202 320 3702 www.CapitalMarketAppraisal.com Introduction found no sales of individual cooperative units in the H Street Corridor/Atlas District neighborhood over the period covered ashingtopia Real Estate and Capital Market Appraisal in this report. present the 2016/17’ H St. Corridor/Atlas District Housing Trends Report. This report was created For the purpose of this report, the neighborhood of H St. Cor- W ridor/Atlas District is bordered to the north by Florida Ave NE; to provide market participants with a cursory overview of the neighborhood housing market. The report covers single- to the east by 15th St. NE; to the south by F St. NE; and to the family and individual condominium unit trends over the past west by 2nd St. NE. All figures in this report refer to these five years with an emphasis on the most recent year. neighborhood boundaries. High, Low, and Median Sale Price Row homes with legal lower-level apartments are included in the category (single-family), as these homes are predominant- The population of data used in figure 1 (found on the following ly owner-occupied on the main above-grade levels. Wherever page) includes single-family home sales placed under contract the term (single-family) is used in this report, it shall refer to in 2016. Gross Building Area (GBA) is derived from DC Tax Re- fee simple, attached and semi-detached, one and two-family cords and includes below-grade levels. GBA is assumed to homes. Wherever the term (condominium) is used, it shall re- be accurate; however, no information in this report should be fer to individual condominium units of all types. Our research relied upon without independent verification. 2016/17’ H St. Corridor/Atlas District Housing Trends Report 4 of 13 Figure 1 Single-family: High, low, and median sale price for the year ending 2016/17’ Source: Metropolitan Regional Information Systems (MRIS), Capital Market Appraisal 2016/17’ H St. Corridor/Atlas District Housing Trends Report 5 of 13 Figure 2 Single-family: Volume/Value Pyramid of sales for the year ending 2016/17’ Source: Metropolitan Regional Information Systems (MRIS), Capital Market Appraisal 21 (10.5%) > $1,000,000 $26.2 m (17%) $750,000 to $999,999 71 (35.3%) $60.5 m (39%) $500,000 to $749,999 93 (46%) $61 m (40%) $250,000 to $499,999 16 (8%) $6.8 m (4%) Sales Price Sales Volume (% of Volume) Sales $ Value (% of $ Value) Figure 3 Volume/Value Pyramid Apex: From figure 2 pyramid (above) Source: Metropolitan Regional Information Systems (MRIS), Capital Market Appraisal 3 (12%) $1,500,000 to $2,000,000 $5.2 m (17%) $1,250,000 to $1,499,999 8 (32%) $10.7 m (34%) $1,000,000 to $1,249,999 14 (56%) $15.3 m (49%) Sales Price Sales Volume (% of Volume) Sales $ Value (% of $ Value) 2016/17’ H St. Corridor/Atlas District Housing Trends Report 6 of 13 Figure 4 All Sales: Annual sales volume by property type Source: Metropolitan Regional Information Systems (MRIS), Capital Market Appraisal Figure 5 All Sales: Annual sales volume by type of transaction financing Source: Metropolitan Regional Information Systems (MRIS), Capital Market Appraisal 2016/17’ H St. Corridor/Atlas District Housing Trends Report 7 of 13 Figure 6 All Sales: Price range distribution by property type for the year ending 2016/17’ Source: Metropolitan Regional Information Systems (MRIS), Capital Market Appraisal Figure 7 All Sales: Property type sales distribution for the year ending 2016/17’ Source: Metropolitan Regional Information Systems (MRIS), Capital Market Appraisal $229.7 Million Total dollar sales 2016 2016/17’ H St. Corridor/Atlas District Housing Trends Report 8 of 13 Figure 8 Singe-family: Home sales by price range, 5-year trend Source: Metropolitan Regional Information Systems (MRIS), Capital Market Appraisal Single-family home sales (volume) Figure 9 Condominium Price-ranges: Condo unit sales by price range, 5-year trend Source: Metropolitan Regional Information Systems (MRIS), Capital Market Appraisal Conodminium unit sales (volume) 2016/17’ H St. Corridor/Atlas District Housing Trends Report 9 of 13 Figure 10 All Sales: Median and average days on market 5-year trend Source: Metropolitan Regional Information Systems (MRIS), Capital Market Appraisal 2016/17’ H St. Corridor/Atlas District Housing Trends Report 10 of 13 Washington DC Neighborhood Map Adams Morgan Columbia Hillcrest Petworth American Heights Ivy City Pleasant Hill University Congress Judiciary Square Pleasant Plains Anacostia Heights Kalorama Potomac Heights Arboretum Crestwood Kenilworth Randle Heights Atlas/H St. Deanwood Kent Riggs Park Corridor Douglas Kingman Park River Terrace Barnaby Woods Downtown Knox Hill Saint Elizabeth Barney Circle Dupont Circle Langdon Shaw Barry Farm Dupont Park Langston Shepard Park Bellevue East Corner Ledroit Park Shipley Terrace Benning Eastland Lincoln Heights Sixteenth St. Heights Benning Heights Gardens Logan Circle Skyland Benning Ridge Eckington Mahaning Southwest Berkley Edgewood Heights Waterfront Bloomingdale Fairfax Village Manor Park Spring Valley Brentwood Fairlawn Marshall Heights Stonghold/Old Brightwood Foggy Bottom Massachuesetts Soldier's Home Brightwood Park Forest Hills Heights Suma Corda CoOp Brookland Fort Davis Mayfair Takoma Buena Vista Fort Dupont McLean Gardens Tenleytown Burleth Fort Lincoln Michigan Park Trinidad Burrville Fort Totten Mt. Pleasant Truxton Circle Capitol Hill Fox Hall Mt. Vernon Sq. Twining Capitol View Friendship Navy Yard U Street Carver Heights Naylor Gardens Wakefield Cathedral Gallaudet Noma Washington Heights Garfield Heights North Cleveland Highlands Catholic Gateway Park Wesley Heights University Georgetown Observatory West End Chevy Chase Glover Park Circle Woodbridge Chinatown Good Hope Palisades Woodland/Normans Cleveland Park Greenway Parkview tone Terr. Colonial Village Hawthorne Penn Branch Woodlands Colony Hill Hillbrook Penn Quarter Woodley Park To launch interactive map click here 2016/17’ H St. Corridor/Atlas District Housing Trends Report 11 of 13 About Us | Washingtopia Real Estate Llc. We are a locally owned real estate brokerage agency with a friendly, professional, and personal approach to selling and buying property in Washington, DC. For more information [email protected] +1 202 810 1020 www.Washingtopia.com About Us | Capital Market Appraisal We are a locally owned, independent fee, residential real estate appraisal and consulting firm specializing in single- family, condominium, cooperative and multi-family income property in Washington, DC. For more information [email protected] +1 202 320 3702 www.CapitalMarketAppraisal.com 2016/17’ H St. Corridor/Atlas District Housing Trends Report 12 of 13 General Disclaimer/ Important Information: This document was produced by, and the opinions expressed, are those of Washingtopia Real Estate Llc. and Capital Market Appraisal as of the date of writing and are subject to change. This document has been prepared solely for information purposes. Information and analysis contained in this document have been compiled or arrived at from sources believed to be reliable but Washingtopia Real Estate Llc. and Capital Market Appraisal do not make any representation as to their accuracy or complete- ness and does not accept liability for any loss arising from the use hereof. MRIS (Metropolitan Regional Information Systems) data used in this document does not include ‘off-market’ private deals in which a broker was not involved or deals in which a broker(s) did not report the sale transaction in MRIS. As such the data used in this report may be less than fully representative of actual market conditions. © 2017 Washingtopia Real Estate Llc. and Capital Market Appraisal. All rights reserved. 2016/17’ H St. Corridor/Atlas District Housing Trends Report 13 of 13.