Takoma
Takoma

Takoma Homes for Sale

Sold Listings

7110 9TH ST NW
$1,000,000 | 5 Beds | 5.5 Baths
7112 CHESTNUT ST NW
$945,000 | 5 Beds | 4 Baths

Takoma Real Estate

Homes for sale in Washington DC's Takoma

Guide to Takoma

Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 2/19/2019
M/M Y/Y
Homes for Sale 11 +18.2% +81.8%
Months Inventory 3.00 -38.3% +87.3%
Contracts Pending 5 -20.0% -40.0%
Solds: 90 Day 10 -60.0% -50.0%
Average List Price/Sold Price 100.48% -1.8% +3.4%
Active/Pending Ratio 2.20 +31.8% +86.8%
Average Price M/M Y/Y
Active $557,064 +0.6% -50.3%
Pending $683,160 -5.4% +14.4%
90 Day Sold $681,540 +10.8% +33.4%
Median Price
Active $579,999 -3.4% -44.4%
Pending $649,950 -10.8% +19.2%
90 Day Sold $653,250 +8.0% +36.5%
Days on Market
Active 42.64 -41.0% +62.5%
Pending 93.60 +33.8% +82.8%
90 Day Sold 31.90 -16.8% +43.2%
M/M Y/Y
Homes for Sale 3 +33.3% +33.3%
Months Inventory 1.80 -48.3% +53.9%
Contracts Pending 3 0.0% 0.0%
Solds: 90 Day 6 -16.7% -16.7%
Average List Price/Sold Price 99.85% -4.1% +3.8%
Active/Pending Ratio 1.00 +33.0% +33.0%
Average Price M/M Y/Y
Active $618,333 -4.3% -35.4%
Pending $748,317 -1.0% +25.4%
90 Day Sold $740,250 -6.2% +17.0%
Median Price
Active $635,000 -1.6% -31.9%
Pending $649,950 +3.1% +19.2%
90 Day Sold $730,000 -4.9% +17.8%
Days on Market
Active 31.00 -53.2% +48.4%
Pending 95.00 +17.5% +97.5%
90 Day Sold 25.67 -5.7% +31.0%
M/M Y/Y
Homes for Sale 4 +25.0% N/A
Months Inventory 3.00 -33.3% N/A
Contracts Pending 1 -200.0% -300.0%
Solds: 90 Day 4 -50.0% N/A
Average List Price/Sold Price 101.67% +2.3% N/A
Active/Pending Ratio 4.00 +75.0% N/A
Average Price M/M Y/Y
Active $564,725 +3.1% N/A
Pending $672,267 -0.4% +10.0%
90 Day Sold $593,475 +11.2% N/A
Median Price
Active $570,000 +11.1% N/A
Pending $734,900 +1.0% +18.2%
90 Day Sold $572,000 +6.0% N/A
Days on Market
Active 67.75 -73.7% N/A
Pending 111.67 +62.8% +76.3%
90 Day Sold 41.25 -4.7% N/A
M/M Y/Y
Homes for Sale 4 0.0% N/A
Months Inventory 6.00 0.0% N/A
Contracts Pending 1 N/A N/A
Solds: 90 Day 0 N/A N/A
Average List Price/Sold Price 0.00% N/A N/A
Active/Pending Ratio 4.00 N/A N/A
Average Price M/M Y/Y
Active $503,450 -1.8% N/A
Pending $324,900 N/A N/A
90 Day Sold $0 N/A N/A
Median Price
Active $507,400 0.0% N/A
Pending $324,900 N/A N/A
90 Day Sold $0 N/A N/A
Days on Market
Active 26.25 +11.4% N/A
Pending 31.00 N/A N/A
90 Day Sold 0.00 N/A N/A

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Takoma homes listed for sale. Lower inventory favors sellers in negotiations.

How Many Months of Inventory?

Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Takoma divided by the number of homes sold in one month. Higher inventory favors buyers.

More Actives or More Pendings?

Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Takoma listed for sale versus those under contract. The lower the number, the hotter the market.

Are Sellers Negotiating?

Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Takoma versus their list price.

What is Average?

Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Takoma

How Fast Are They Selling?

Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Takoma homes that sold in the past 90 days.

Insight

Why not Evolve?

There is a little spot in Takoma Park named Evolve. It is a Vegan eatery. Is it special? Well, guess who stopped in one day for dinner. Music legend, Stevie Wonder made a surprise visit to Evolve Vegan Restaurant, at 341 Cedar Street NW, in the Takoma neighborhood of Washington, DC last evening for dinner. Evolve Vegan Restaurant owner, Baruch Ben-Yehudah, known as Dr. Baruch, welcomed Wonder and his dining companions and entourage. Wonder ordered Evolve favorites including southern fried chick-un, mac and cheese, collard greens, yams, coleslaw, couscous and finished with German chocolate cake. Hmmm, why not Evolve!

John MacArthur John MacArthur Realtor

Real Estate Near Takoma

Takoma (Metro)
41 Homes for Sale
Today's Median Price $599,950
Riggs Park / Michigan Park
30 Homes for Sale
Today's Median Price $510,000
Brightwood / Manor Park
34 Homes for Sale
Today's Median Price $627,600

Public Schools near Takoma

Powell Elementary School
33 Homes for Sale
Today's Median Price $654,500
Bruce-Monroe Elementary School
25 Homes for Sale
Today's Median Price $667,000
Takoma Education Campus
11 Homes for Sale
Today's Median Price $640,000