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shaw-u street corridor
Real Estate
Highlights
History
Adjacent
Neighborhoods
Neighborhood Boundaries
Neighborhood Links
Map of Shaw-U Street Corridor
Search for Homes in
Shaw-U Street Corridor
(Use
20001, 20009 zipcode)
Shaw
is not a legal neighborhood but lies in the northern
section of the Old City neighborhood and in LeDroit. It is also
referred to as U Street Corridor, 14th and U, or Cardozo.
REAL ESTATE
In 2011, 108
single-family homes sold in Shaw and the U Street
Corridor for an average sale price of $682,663. The
average list price was $698,262. This represents a
23%
decrease in the number of sales and a 4% increase in
the average sale price from 2010. Homes were on the
market in 2011 for an average of 55 days.
Listed below are the
number of sales of
single-family homes by price range for the past six
years.
Be advised
that since Shaw/U Street is not a legal subdivision of
Washington,
boundaries are estimates.
|
Single-Family Homes |
2011 |
2010 |
2009 |
2008
|
2007 |
2006
|
|
Below $500,000 |
31 |
44 |
70 |
26 |
39 |
33 |
|
$500,000-$999,999 |
62 |
96 |
73 |
59 |
77 |
84 |
|
$1,000,000-$1,499,999 |
15 |
0 |
7 |
12 |
7 |
20 |
|
$1,500,000-$1,999,999 |
0 |
0 |
1 |
0 |
1 |
5 |
|
$2,000,000-$2,499,999 |
0 |
0 |
0 |
0 |
0 |
0 |
|
$2,500,000-$2,999,999 |
0 |
0 |
0 |
0 |
0 |
0 |
|
$3,000,000+ |
0 |
0 |
0 |
0 |
0 |
0 |
|
TOTAL |
108 |
140 |
151 |
97 |
124 |
142 |
In
2011, 205 condo and coop units sold in Shaw and the U
Street Corridor for an average sale price of $467,767 and an average list price of
$473,883. This represents a 7%
decrease in the number of sales and an 8%
decrease
in the average sale price from 2010. The condo and coop
units were on the market for an average of 66 days.
Listed below are the number of sales of condos and coops by price range for the past
six years.
|
Condominiums/Coops |
2011 |
2010 |
2009 |
2008
|
2007 |
2006
|
|
Below $500,000 |
141 |
129 |
159 |
96 |
97 |
108 |
|
$500,000-$999,999 |
60 |
83 |
86 |
62 |
91 |
60 |
|
$1,000,000-$1,499,999 |
4 |
9 |
5 |
0 |
6 |
6 |
|
TOTAL |
205 |
221 |
250 |
158 |
194 |
174 |
If you have questions on how 2011 sales prices compare to
the last six years or would like detailed analysis for
this or other neighborhoods, contact us at
202-965-3715
or
info@hananhomes.com.
Many of the
elegant Victorian and other townhouses have been restored.
Several buildings, including the Old Shaw Junior High
School, have been converted while attempting to retain
the neighborhood's character. There has also been new
construction of small and midsize condominiums such as
the Lincoln Condominiums, Harrison Square, and Ellington
Plaza.
HIGHLIGHTS
Shaw is alive and has attracted new
homeowners, developers, up-scale restaurants, and
innumerable retailers. The Washington Post in 2005
reported that over the past few years more than 120 new businesses and about $500 million in new
investments have found their way to the area. The neighborhood is also keeping
its roots and remains famous for its jazz clubs,
theaters, and nighttime entertainment. Still operating
today are the Lincoln Theater which was built between
1921 and 1923 and the Howard Theater built in 1910. The
Bohemian Caverns, another famous nightclub, was recently restored.
A plethora of new clubs and restaurants providing jazz
entertainment have opened in Shaw including Jojo, U-topia,
HR-57, Twins Jazz, The Islander, and others. Several
other renowned businesses have survived through the
neighborhood's transitions, including Ben's Chili Bowl
and Lee's Flower and Card Shop, both on U Street.
History thrives in Shaw. The O Street Market, a landmark built in 1886, was
reopened in 1980. Buildings designed by the famous
black architect, John Lankford, including the Whitelaw Hotel and
several churches, are located in Shaw. Other points of interest in the
neighborhood are the African-American Civil War
Memorial, the Duke Ellington Mural, the
Center for the Preservation of Jazz and Blues, the
Black Fashion Museum, and the Thurgood Marshall Center
for Service and Heritage.
The neighborhood renewal led Washingtonian Magazine in 2005
to name the U Street
Corridor as one of the top neighborhoods for singles,
noting that trendy restaurants seem to open every month.
The neighborhood is also attractive to families and is
home to Garnet-Patterson Middle School and Cleveland
Elementary School. The Academy of Learning through the
Arts, a public charter school, opened fall 2005 in the U
Street area. The Shaw branch of the Maya Angelou pubic
charter high school is located on 9th Street. For everyone's convenience is the U
Street/Cardozo Metro station.
HISTORY
When Washington was formed in 1791, five men, including
real estate developer Samuel Blodgett and Georgetown
tobacco merchant Robert Peter, owned what is today's
Shaw. It was used largely for farming and orchards. Not until the Civil War
did the area realize any development. During the war years, the Union
Army had an encampment in Shaw. By the end of the war,
property owners, who were connected with the building
trade or real estate concerns, began to subdivide their
land. The Territorial
Government's Board of Public Works spent funds in 1872
to grade and pave U, 11th, and 14th Streets and provided
easy transport to areas north of downtown. It also
planted shade trees and installed gas lamps, water
mains, fire plugs, and sewers, and erected telegraph
lines for telephones. The city's street cars arrived by
1887. Among the real estate speculators and developers
in the area was Thomas Franklin Schneider, who
constructed over 2,000 homes in Washington and built the
entire 900 block of Westminister and T Streets. All classes and
races of people
moved into the area. A building boom occurred during the
1920s and 30s, but by the 1930s most middle-class
whites moved to the newly available western sections of
the city.
As Shaw became predominantly black, black businesses and
institutions began to flourish. After World War I, U
Street was targeted for a white mob riot against blacks.
Over 2,000 blacks gathered to protect their homes and
the rioters stayed away. By the 1920s U Street became
known for its theaters, nightclubs, jazz clubs, billiard
halls, and restaurants. It attracted entertainers such
as Nat King Cole, Pearl Bailey, Jelly Roll Morton, Ray
Charles, opera singer Madame Evanti, and Duke Ellington.
The latter two's families lived in Shaw. U Street became
known as The Great Black Way, the Black Broadway, and
the Blackman's Connecticut Avenue.
With desegregation, many middle-class blacks moved from
Shaw for the suburbs. Single-family homes were converted
to multiple-family use thereby increasing the population
density. By the early 1960s, Shaw was economically
depressed. City planners met with the Model Inner City
Community Organization led by Rev. Walter Fauntroy. In
1966 the borders of the Shaw Urban Renewal Area were
established by the National Capital Planning Commission
which used the attendance boundaries of Shaw Junior High
School to designate the neighborhood of Shaw. The School
and the neighborhood were named after Robert Gould Shaw,
commander of the first black regiment in the Civil War.
In 1999 the area became a local and National Register
historic district.
ADJACENT
NEIGHBORHOODS
NEIGHBORHOOD
BOUNDARIES
|
North |
Florida
Avenue |
|
East |
4th
Street |
|
South |
Q Street |
|
West |
16th Street |
NEIGHBORHOOD
LINKS
Shaw Community News
and Information
Shaw Community
ANC2f
Map of Shaw/U Street
Corridor
To discover more about current listings
and recent home sales in shaw and
the u street corridor
and
the washington dc real estate market:
Call or e-mail us at
202-965-3715
info@hananhomes.com
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Washington DC Area Neighborhoods
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