Washington, D.C. overall experienced growth in median price from 2013 to 2014, both in July (1.90 percent) and year-to-date (4.20 percent). Keep that in mind as a background against which to view the stats for individual neighborhoods.
Who were the biggest winners and losers in the month of July? The three zip codes with highest median price growth were 20020 (Anacostia/Hillcrest + 37.80 percent), 20024 (SW Waterfront + 35.90 percent), and 20032 (Congress Heights + 22.80 percent). This is not surprising: property is still fairly inexpensive in 20020 and 20032, and foreign investors are buying it up for rent and renovation. The growth in median price for SW Waterfront is also not surprising given the imminent development along the waterfront there.
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