American University Park DC Homes and Lifestyle
AU Park Lifestyle
Just below the Maryland border in Northwest Washington DC is one of the District's most desireable "suburbs," American University Park.
Also known as AU Park, developed during the early 1900's and named after The American University though few of the university's buildings are actually located there, American University Park is a neighborhood with a charming mix of architectural styles and tree-lined streets.
The nearly 3000 single family homes which comprise American University Park are predominately colonials with compact lots and few driveways, a community design element that lends itself to walkability and a feeling of friendly closeness.
Current home listings in AU Park
Current home listings in American University Park range from a 1 BR 1 BA condo at 4101 ALBEMARLE ST NW #436 for $415,000:
4101 ALBEMARLE ST NW #436 American University Park DC
C/C Fee: $366.30 / MonthlyYear Built: 2005
Bedrooms: 1 Full Baths: 1
Fantastic, sunny 1BR/1BA unit w/ maple hdwd flrs, granite countertops, black kitchen appliances,high ceilings, washer/dryer & garage parking! Above Tenleytown Metro and just steps to shopping, dining & entertainment!
...to this stately colonial at 4256 NEBRASKA AVE NW, AMERICAN UNIVERSITY PARK, DC 20016 listed at $2,295,000:
Elementary: JanneyMiddle: DealHigh: Wilson
Bedrooms 6 Baths 3 Half Baths 2 Den 1 Tax Living Area: 2,978
On a third of an acre facing tree-lined Warren Street, this is a home of unparalleled exception. 6 bedrooms, 3 full
and two half-baths, extensive and awe-inspiring designer living and entertaining spaces unlike anything you've
ever seen. All so close to the Metro and the shops and amenities of Tenleytown.
Real Estate Market Data Summary For 20016 American University Park
Homes in AU Park typically list between $735,000. and $2M. The neighborhood has enjoyed steady increases in value over the decades.
Desirable for it's strengthening home values, AU Park's July RBI (Real Estate Business Intelligence) statistics show In 20016, the median sold price for Detached properties for July was $1,060,000, representing an increase of 5.6% over June and a decrease of 3.2% from Jul 2011. The Days On Market (DOM) for homes sold in 20016 during July was 41 days, 18% below the 5-year July average of 50 days.
There was a 65% decrease in new contract activity from June, as is expected during summer months, with 7 New Pendings; a 54.8% MoM decrease in All Pendings (new contracts + contracts carried over from June) to 19; and a 1.7% increase in supply to 59 active units.
This activity resulted in a Contract Ratio of 0.32 pendings per active listing, down from 0.72 in June and a decrease from 0.50 in July 2011. The Contract Ratio is 32% lower than the 5-year July average of 0.47. A higher Contract Ratio signifies a relative increase in contract activity compared to supply, and indicates the market is moving in the seller's favor. A lower Contract Ratio signifies a relative decrease in contract activity compared to supply, and indicates the market is moving in the buyer's favor.
July 2012 Real Estate Market Statistics for 20016 Cathedral Hts/Au Pk, DC
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