Curious about how the Route 1 Corridor’s housing market fared in 2019? We all are! Which is why we’re excited to share local realtor Tamara Beauchard‘s 2019 Real Estate Trends for the Route 1 Corridor as well as direct access to full reports of all house sales in Hyattsville, University Park, College Heights Estates and College Park. Who hoo! Dig in!
Enjoy this sponsored post by Route 1 realtor Tamara Beauchard of RE/MAX Professionals, the Dixie Meadows Team!
Route 1’s 2019 Real Estate Market
2019 started with a bang! Buyers were out in full force in the spring, creating a strong seller’s market. Things leveled off in the summer making it a better time for buyers. There was an active fall market with plenty of fresh listings and interested buyers. As expected, there were fewer transactions as the market wound down for the holidays.
Top Local Real Estate Trends of 2019
1. Appearances Matter
Homes that are properly prepared and priced correctly fly off the shelves! With the right appearance, your house will spend only about a week or two on the market, possibly after receiving multiple offers.
This house showed so beautifully that during the open house, I heard more than one person gasp audibly as they entered the front door.
Since most buyers today start their search on-line, it is an absolute necessity to have great photos and that can only happen if your house is clean, in good shape and staged pleasantly. How can you make sure that your house will be one of these? Contact me today for a complimentary listing consultation.
2. Community Matters
Buyers looking for houses along the Route One corridor are determined to finds homes in our neighborhoods. Time and time again they are willing to forego size and work within the parameters of our older housing stock to gain a better quality of life.
This Calvert Hills home is close to public transportation and local shopping areas.
Walkability, access to public transportation, reduced commute time, neighborhood events and a commitment to the arts and local, small businesses are just some of the reasons that our neighborhoods are so attractive.
3. Many Possibilities at Many Price Ranges
The best way to keep with your budget is to connect with an agent who really knows your search area and can help you zero in on a house that fits both your budget and your lifestyle. As a local realtor, resident and parent in these communities, I make it my business to do just that! But don’t just take my word for it – read these testimonials here to get a sense of what I can do to help you buy or sell a home!
In the meantime, if you’re trying to narrow down your search area, know that prices tend to be higher in University Park, Hyattsville (between Queens Chapel Road and Route One) and the Calvert Hills neighborhood. There are really great, lower price point options in Riverdale, Berwyn Heights, Greenbelt and the Hollywood neighborhood of College Park.
Single level rambler at 6703 41st Ave in University Park sold April 2019 for $420,000.
And as I shared in this post on Finding Age-Friendly Homes Along Route 1, ramblers, condos and townhouses are also great options for those looking to downsize.
2019 Local Market Reports
Want to know the nitty-gritty details about which houses sold for what, days on the market, bedroom/bathroom count, taxable square footage and more crunchy details? Here are links to full reports of all house sales in a few local neighborhoods:
Have any questions? As a realtor who has lived in the DC area for over a decade and who now calls University Park home, I know the Route 1 communities very well and looks forward to helping you find your home here, too.
Connect with Tamara Beauchard:
- Website: https://www.tamarabeauchardrealtor.com
- Instagram: https://www.instagram.com/tbeauchard
- Facebook: https://www.facebook.com/yourgreenlinehome/
*All house photos sourced from BrightMLS.
Hmm… Something went amiss on my above comment. So, trying again: why does on have property taxes of less than $2,000 while the other has PT of over $10,000? (They both seem fairly comparable .)
It looks like one ($1400) is a new construction on an empty lot. The PT is low because there was no previous construction there, and the tax amount reflects only the value of the land. The other property ($11,600) is based on an existing property last sold in 2016. The lower PT property should go up when the property is next assessed.
Why for last two houses in Hyattsville, the two highest sales, and both somewhat comparable, does one have property taxes of $10,000?
Hi LFB, thank for your comment. We’ll share your question with realtor Tamara Beauchard and ask that she follow-up with you! Thanks for your interest in this topic!