[Photo by Flickr user vaxciliate]
Like the idea of living near a historic neighborhood complete with grocery co-op, weekend farmers' markets and a Busboys & Poets on the way? Apparently, so does everyone else who looked at a place in the Takoma neighborhood of D.C. in 2014. Houses on the market have been snatched up in an average of seven days in this last station stop in the District of Columbia. To be fair, the fact that the median price of these homes is a relatively low $380,000, probably doesn't hurt in terms of desirability. However, upon looking at the ten hottest neighborhoods (as compiled by regional residential real estate manager MRIS), there's a wide range in median closing price. On average, homes in the neighborhoods listed after the jump have been been selling in ten days or less.
1) Takoma
Median Price: $380,000
Median Number of Days on the Market: 7
2) Wakefield
Median Price: $532,500
Median Number of Days on the Market: 7
3) Rhode Island Avenue NE
Median Price: Not Listed
Median Number of Days on the Market: 8
4) Chevy Chase
Median Price: $930,000
Median Number of Days on the Market: 8
5) Mt. Pleasant
Median Price: $620,000
Median Number of Days on the Market: 9
6) American University Park
Median Price: $925,000
Median Number of Days on the Market: 9
7) Old City #1 (Capitol Hill)
Median Price:
Median Number of Days on the Market:
8) Brookland
Median Price: 10
Median Number of Days on the Market: $469,950
10) Spring Valley
Median Price: $1,427,500
Median Number of Days on the Market: 10
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