Washington, D.C. was named in honor of the nation’s first president, George Washington, where nearly 700,000 people call home. About 500,000 commuters descend on the city from Virginia and Maryland every weekday for jobs in the government and also in the private sector.
The median Washington D.C. house price is about $600,000, which is up a bit from $560,000 one year ago. The area is experiencing a seller's market, which means that more buyers are searching for homes than there are homes available. One of the most sought-after areas in the “DMV” lies in Bethesda, MD homes for sale, where Bethesda real estate has a median home price of about $1,199,999, which is up from last year’s high of $915,000.
Arts and culture, history, and science can be viewed and enjoyed at D.C.’s 75-plus museums, including the Smithsonian Institution, the National Gallery of Art, and the John F. Kennedy Center for the Performing Arts.
With so many neighborhoods to choose from, where do you start? Here are some suggestions.
The Clarendon-Courthouse neighborhood is considered quite hip. It’s chock full of trendy bars and restaurants, organic and gourmet grocery stores, independent boutiques, and art galleries and studios to entertain even the most discerning art lovers. The demographic includes everyone from Millennials to Baby Boomers, and the city's vibe is that of an urban-like suburb that's also relatively affluent.
Takoma Park, MD
Chevy Chase, MD
Chevy Chase is not named after the famed Saturday Night Live alumni and comedian Chevy Chase! This tight-knit community boasts an extraordinarily high-level school district and a wide variety of nightlife goings-on in the form of bars, nightclubs, restaurants, and eateries. Homes here can be pricey, but residents will have all the glamour and access that living right in D.C. provides without all the crowding and traffic.
Bethesda MD homes for sale are among the most sought-after in the region. This neighborhood is quite wealthy, and the owners of Bethesda real estate are the best-educated of cities in the United States with populations of at least 50,000 residents. The area is rich with employment opportunities both in the public and private sectors. New owners of Bethesda MD homes for sale can count on employment opportunities with giants, including Lockheed Martin, Coventry Health Care, and Marriott International.
Dupont Circle and Logan Circle, Washington D.C.
Dupont Circle and Logan Circle are right next to each other and are some of the most developed neighborhoods in Washington D.C. Dupont Circle is famed for its tony restaurants, indie bookstores, and vibrant clubs, while Logan Circle offers even more unique entertainment options amongst a large variety of Victorian homes in which to dwell. It's not particularly focused on families so much as it is on young professionals and couples.
Local realtors are experts in the DMV area, including Bethesda real estate, so reach out now to Dana Cruz’s experienced team to find your next home.