Old City Homes For Sale in Washington DC
When Washington, DC residents mention Old City #1 and Old City #2 in Washington, DC, they are generally referring to exactly what you might suspect - some of the oldest parts of the city. The terms can be a bit deceiving of course, because DC has long been a city in transition. Still, these neighborhoods represent a level of tradition and also contain various officially designated historic districts. For the most part, properties for sale within Old City #1 and #2, include parts of Adams Morgan, Dupont Circle, Shaw, Capitol Hill, the U-Street Corridor and even all the way east to Anacostia on the other side of the river of the same name. Learn more about Old City homes for sale in Washington DC below:
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More About Old City Homes For Sale in Washington DC
Because of the disparity between some of its unique neighborhoods, it's hard to assign an exact average list price to homes for sale in the Old City #1 and Old City #2 areas. Still, starting points do have a certain commonality. Studio and one-bedroom units in Dupont Circle, Shaw and the U-Street Corridor can be had in the mid $300 thousand range while Dupont's high end goes well into the seven-figures. Adams Morgan has been regarded as one of the hottest-selling DC neighborhoods for quite some time and has an average closing cost of over half a million. Capitol Hill as a real estate neighborhood is still going through its revitalization process and trends a little below some other neighborhoods with a ground floor of around $300 thousand. Anacostia of course, is a neighborhood that has gone through significant change and remains a good investment opportunity.
While there are many different aspects to the real estate market in DC's Old City #1 and Old City #2, one common factor is the amount of new construction, especially the concerted efforts to meld retail, residence and work opportunities. One of the phrases you'll hear often in urban real estate markets is 'work, live and play'. Another common catch phrase is 'mixed-use'. Simply put, these terms are part of an expanding urban trend and are especially applicable in the various downtown DC areas, including the Old City sectors. The idea is that of convenience, in which commercial developers foster self-contained bubble neighborhoods with dining, shopping, work and home, all in a convenient locale and indeed, sometimes in the same building. For those looking to purchase a home right in the heart of DC, these Old City areas are a great place to start.
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2019.
Listing information last updated on April 21st, 2019 at 12:03am EDT.