Capitol Hill Real Estate

Capitol Hill Real Estate

 

Capitol Hill is one of the largest, and at the same time most prestigious neighborhoods in D.C. And not without reason – it is the center of the nation’s political life, with the Capitol Building set upon a hill facing the vibrant and dynamic city. The area is home to congressmen, their staff, lobbyists and other important figures that go about important business every day. At the same time, Capitol Hill isn’t as stiff as you could imagine, and the neighborhood offers the prime of urban lifestyle and entertainment, as well as plenty of shopping opportunities.

A Tap of Unlimited Energy

The legislative and judiciary branch of the United States reside in this neighborhood, and life is indisputably busy in Capitol Hill. The day starts early, with elderly politicians and young professionals crossing things off their to-do list even before offices are even open. After business hours, the locale turns to shopping and entertainment, enjoying the very best the capital has to offer. The everyday life here vibrates with electric vitality and unquenchable energy, and it feels almost like Capitol Hill never sleeps.

To cater to the needs of the educated and always-enthusiastic locals, Capitol Hill boasts a wide variety of small shops, eateries and cafes. Modern restaurants line up next to secondhand shops, and national chain retailers stand right beside small specialty stores, making the neighborhood vividly contrasting and diverse in all its aspects. That’s why residents are so passionate about Capitol Hill – you can find just about everything within the range of a few minutes’ walk.

Barracks Row with no Barracks

The Capitol Hill boasts a diverse and significant trade area, which includes D.C.’s oldest commercial strip – the Barracks Row. It was a prominent business area in the 18th and 19th century, due to its close proximity to the Washington Navy Yard, but it went into decline after World War II, and suffered greatly during the riots following the assassination of Martin Luther King Jr. Starting from 1999, the Barracks Row has gone through a phase of steady development, and now is home to various community events and fairs, as well as famous retailers, offering some of the best shopping experience in D.C.

With renovation and development projects underway constantly, Capitol Hill is constantly improving, positioning itself as the premium location for urban dwellers. The pricing is steep, but it’s made up for by all the comfort the city has to offer. From small cafes and shops to national retails and exquisite restaurants, Capitol Hill has it all!

Average household income within a half-mile - $145k

Annual Union Station visitors - 32 MILLION

Average closing price for single-family homes in 20132 - $871k

Average monthly Capital Bikeshare arrivals3 - 9,475

 Source : Neighborhood Profiles: 2014 Edition. (2014, February 17). Washington, DC Economic Partnership, Retrieved from http://www.wdcep.com/wp-content/uploads/2014/02/np14_final_lowres.pdf


Capitol Hill Market Statistics

There are currently 7 Homes for sale in Washington. The average price for Washington properties is $2,051,214which is 26% higher than all Homes within a 20 mile radius. The highest priced property in Washington is $6,950,000 while the lowest priced Home is listed at $629,500. Most of the properties available in Washington are Homes . Compared to last month, the average price of real estate in the area has gone up 100%.

Average Days on Site: 292
Average Listing Price: $2,051,214
Most Expensive Home: $6,950,000
Least Expensive Home: $629,500
Short Sales Properties: 0
Foreclosure Listings: 0

Map of Capitol Hill

Capitol Hill Schools and Rankings

Peabody Elementary School(Preschool-K)
Appletree Early Learning Center - Lincoln Park Cam(Preschool-Preschool)
Brent Elementary School(Preschool-5)
St. Peter School(Preschool-8)
Maury Elementary School(Preschool-5)
Watkins Elementary School(1-5)4
Capitol Hill Day School(Preschool-8)
Tyler Elementary School(Preschool-5)
School Within School At Goding(Preschool-5)4
St. Peter School(Preschool-8)
Stuart-Hobson Middle School(6-8)4
Capitol Hill Day School(Preschool-8)
Capitol Hill

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