DC area real estate is certainly desirable, but it seems five particular neighborhoods are commanding premium above market prices this year. The majority of the neighborhoods are found in the NW quadrant, and most are also very close to each other.
The neighborhood with the highest average sales price, when compared to original list price for 2020, is American University Park. AU Park easily leads with a ratio of nearly 103-percent.
While the median home sales price in AU Park is about $1.3 million, the year-over-year price change is up about 32-percent. Homes often sell quickly in this neighborhood.
U Street Corridor
The U Street Corridor trails AU Park with an average sales price to original list price ratio of just over…