This was the most average home purchased in the past month: 4515 Iowa Avenue NW.
Average in what sense you may ask? (Even though you’re looking at a picture of complete District architectural normalcy here: A classic, small lawn, small porch townhouse of Petworthian proportions and design simplicity, which could be located anywhere from Brightwood to Brentwood.) Well, I just did a search looking at home sales in D.C. in the last month (12/28/08-1/28/09). Turns out the average purchase price was $543,001 with 142 homes sold, which means this house is as middle-of-the-road as you can get in Washington these days:
It sold for $542,500 (Four bedrooms/three bathrooms; Built in 1915; Located in the 16th Street Heights neighborhood.)
Compare that to last year’s…Average of $689,082 with 172 homes sold in the same time period, making this house an average buy…
639 Massachusetts Ave NE (Three bedrooms/two bathrooms; Built in 1900; Located on Capitol Hill)