Cleveland Park Condos (May 16, 2012)


Newly renovated kitchen inside the new 1-bedroom listing at 3900 Connecticut Ave

What’s it take to own property in Cleveland Park? For many young professionals this means taking a look at the condo market along Connecticut Ave. Regularly, we will be looking at the price level of condos available in Cleveland Park. Our survey area will be all condos for sale with a Connecticut Avenue address from Macomb to Tilden.

We add a 1-bedroom and see 3 condos move off the market.  The market continues to be brisk for those property owners willing to sell at market value.

Total properties: 10

Median days on the market: 50.5

Total 1BR/studio: 6

1BR/studio price range: $240,000-$400,000

Median 1BR price: $312,500

Total 2BR: 4

2BR price range: $445,000-$649,000

New property spotlight:
3900 Connecticut Ave NWAPT 406F
1-bedroom, 755 square feet
Recently renovated with stainless steel appliances and granite counters

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