Market Report - 20001 - Washington, DC NW (Logan--Shaw) 2023 11
By Claude Labbe, Realty for Your Busy Life
(RLAH / @properties)
[This is the neighborhood in Washington, DC. Everyone wants live here, or to come here to eat and enjoy the city.Logan Circle is the quintessential NW DC neighborhood. It simply looks and feels right, without the attitude one finds with the usually older & more established NW neighborhoods.Penn Quarter, closer to downtown/ Penn. Ave., has the nightlife, clubs and Capital One Arena.Shaw is the place to be and the neighborhood has a great feel of new & old woven together. Interest rates, while still higher than pre-pandemic rates, started to fall in November. This month, we lost homes again vs. the previous month for a total of 23 homes sold. Up and down, up and down, and once again we are below the 5 year average of 50. Stubbornly high interest rates have surely slowed sellers selli...
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