$3,669 Closing Credit¹
Christi D. Turman-Rojas, Listing Office: Fairfax Realty Premier
Shipley Terrace Housing Market Report December 2024•District of Columbia County, District of Columbia
Housing Prices in Shipley Terrace, DC
How much do homes in Shipley Terrace, DC cost?
Housing Market Conditions
Is Shipley Terrace, DC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Shipley Terrace is a Buyer's Market
Difference Since November 2024
Last month, Shipley Terrace has remained a Buyer's Market.
Insight
Shipley Terrace is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$390,000$184/SqFt
+$77,500
+24.8%
Based on all homes sold in December 2024
Insight
Homes in Shipley Terrace have sold for 24.8% more than they did a month ago.
Summary: The median home sold price in Shipley Terrace was $390,000 in December 2024, up 24.8% from last month, and the median price per square foot was $184.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Shipley Terrace | $312.5K | $390K | +24.8% |
| Douglass / Shipley Terrace | $355.1K | $302K | -15.0% |
| Douglass | $355.1K | $214K | -39.7% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | $120K | N/A |
| 22 Bedrooms | $235K | - | N/A |
| 33 Bedrooms | $390K | $390K | 0.0% |
| 44 Bedrooms | - | $515K | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Shipley Terrace housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Shipley Terrace, DC
How many homes are available in Shipley Terrace, DC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 24Last MonthDec 2024 | ||
| 232 months agoNov 2024 | +4.3 % Change MoMNov – Dec |
Summary: The Shipley Terrace real estate market had 24 homes for sale in Dec 2024, a 4.3 % increase compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthDec 2024 | ||
| 22 months agoNov 2024 | +50.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 9 | 9 | 0.0% |
| 33 Bedrooms | 7 | 7 | 0.0% |
| 44 Bedrooms | 3 | 4 | +33.3% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Shipley Terrace housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Shipley Terrace, DC cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Shipley Terrace, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Shipley Terrace in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.
Days on Market for Shipley Terrace, DC
How long does it take to sell a home in Shipley Terrace, DC?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Shipley Terrace has remained consistent over time.
Summary: During December 2024, 3 homes were sold in Shipley Terrace; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 47 DaysLast MonthDec 2024 | ||
| 48 Days1 month agoNov 2024 | -0.7 % Change MoMNov – Dec |
Summary: Homes in Shipley Terrace had an average listing age of 47 days in Dec 2024, down by 0.7% compared to the previous month.
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Newest Listings in Shipley Terrace, DC
What homes are available in Shipley Terrace, DC?
Backup offers
$4,453 Closing Credit¹
Cameron Griffith, Listing Office: Compass
$4,155 Closing Credit¹
Marc A Dosik, Listing Office: Century 21 Redwood Realty
$6,508 Closing Credit¹
Megan Thiel, Listing Office: Long & Foster Real Estate, Inc.
$6,827 Closing Credit¹
Wehazit D Mail, Listing Office: RE/MAX One Solutions
$4,394 Closing Credit¹
Lawrence M. Lessin, Listing Office: Homes By Owner
$4,275 Closing Credit¹
ERIK A JOHNSON, Listing Office: JPAR Stellar Living
$2,850 Closing Credit¹
Labi Koi-Larbi, Listing Office: Avalar Realty LLC
$2,375 Closing Credit¹
Jesse N Oakley, Listing Office: Compass
Backup offers
$4,501 Closing Credit¹
Desmond M McKenna, Listing Office: Compass
$2,850 Closing Credit¹
William E. Jackson, Listing Office: RLAH @properties
Backup offers
$4,119 Closing Credit¹
Antonia A Blain, Listing Office: Taylor Properties
Popular Cities with Homes for Sale in District of Columbia
MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 11/01/2024 - 01/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/26/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.