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ADAMS MORGAN
Real Estate
Highlights
History
Adjacent
Neighborhoods
Neighborhood Boundaries
Neighborhood Links
Map of Adams Morgan
Search for Homes in
Adams Morgan
(Use
20009 zipcode)
ADAMS MORGAN is not a legal neighborhood of Washington
DC but a community
within Kalorama, Mt. Pleasant, and Columbia Heights.
REAL
ESTATE
In 2011,
48 single family homes sold in Adams Morgan for an
average sale price of $842,198. The average list price
was $848,651. This represents a 30% increase in the
number of sales and a 21% increase in the average sale
price from 2010. Homes were on the market in 2011 for an
average of 40 days.
Listed below are the number of sales of
single-family homes by price range for the past six
years. Be advised that
since Adams Morgan is not a legal subdivision of
Washington,
boundaries are estimates.
|
Single-Family Homes |
2011 |
2010 |
2009 |
2008
|
2007 |
2006
|
|
Below $500,000 |
2 |
4 |
1 |
2 |
5 |
4 |
|
$500,000-$999,999 |
36 |
28 |
29 |
44 |
51 |
53 |
|
$1,000,000-$1,499,999 |
9 |
5 |
2 |
4 |
5 |
7 |
|
$1,500,000-$1,999,999 |
0 |
0 |
1 |
3 |
2 |
3 |
|
$2,000,000-$2,499,999 |
1 |
0 |
0 |
1 |
1 |
0 |
|
$2,500,000-$2,999,999 |
0 |
0 |
0 |
0 |
0 |
0 |
|
$3,000,000+ |
0 |
0 |
0 |
0 |
0 |
0 |
|
TOTAL |
48 |
37 |
33 |
54 |
64 |
67 |
In
2011, 216 condo and coop units sold in Adams Morgan for
an average sale price of $455,676 and an average list price of $464,317.
This represents a
23% decrease in the number of sales and a 1%
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 |
143 |
186 |
212 |
123 |
179 |
203 |
|
$500,000-$999,999 |
69 |
92 |
125 |
94 |
99 |
87 |
|
$1,000,000-$1,499,999 |
3 |
3 |
4 |
0 |
4 |
4 |
|
$1,500,000-$1,999,999 |
1 |
0 |
0 |
0 |
0 |
1 |
|
$2,000,000-$2,499,999 |
0 |
0 |
0 |
0 |
0 |
3 |
|
$2,500,000-$2,999,999 |
0 |
0 |
0 |
0 |
0 |
0 |
|
TOTAL |
216 |
281 |
341 |
317 |
282 |
298 |
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.
For well over two decades, real estate property values
rose markedly in Adams Morgan.
Residences range from modest units in rowhouses to new
loft condos that are built over stores or redesigned
warehouses to refurbished
turn-of-the-century jewels. The styles from which to
choose are as eclectic as the neighborhood - Federals, Victorians, contemporaries, Beaux
Arts, and Art Deco. So too are the types of residences
which include detached and semi-detached homes,
townhouses, and low-rise and mid-rise condos and
coops.
HIGHLIGHTS
Adams Morgan is considered the most multi-ethnic and
culturally diverse neighborhood in Washington DC. The cuisine of the local restaurants exemplifies the diversity
and makes Adams Morgan an exciting place to live. The nightclub life abounds as do colorful building
murals. Adams Morgan has been described as vibrant,
eclectic, and funky and is often compared to New York
City's Greenwich Village and SoHo and San Francisco's
Haight Asbury.
Eighteenth Street is the main commercial corridor. In
addition to restaurants, there are numerous shops,
galleries, clothiers, and book stores that reflect the
neighborhood. Every September for over 20 years, the Adams
Morgan Day Festival closes down 18th Street to
celebrate the neighborhood's diversity. The Adams
Morgan Farmers Market located at Columbia Road and 18th
Street is open every Saturday from May through December.
The expansive Meridian Hill Park is located on 16th Street. Also known
as Malcolm X Park, it is of neoclassical park design and
used as a park for the performing arts. The Friends of Meridian
Hill Park were one of the first neighborhood groups to
help restore and renovate local parks. There are two public
elementary schools in Adams Morgan, H.D. Cooke and John
Quincy Adams. Cardozo Senior High School is also located
in Adams Morgan. The public charter school for preschool
and kindergarten, Academy for the Arts, is on New
Hampshire Avenue.
HISTORY
By the late 1800s, Adams Morgan was divided into four
subdivisions - Washington Heights, Lanier Heights,
Meridian Hill, and Cliffbourne. Lanier Heights, the most
elite and well-known of the subdivisions, was started by George
Brown Good, Director of the Smithsonian, who bought
tracts of land, put in streets, and sold lots to his
friends. The neighborhood was the home of the famous
landmark, the Knickerbocker
Theater which roof collapsed from a heavy snowstorm in
January 1922.
The bucolic nature of the neighborhood was changed by
the introduction of a streetcar line on 18th Street in
1892, soon followed by another line in 1897 on Columbia Road.
By the turn of the century the
mansions that overlooked the city were surrounded by
apartment buildings and rowhouses. Adams Morgan had many
notable residents in buildings like
the Ontario, the Norwood, and the Wyoming including
General Douglas Macarthur, Dwight and Mamie Eisenhower,
and Admiral Robert E. Peary. With the large influx of
government workers during World War II, many of the
neighborhood's palatial homes were converted into
boarding houses, and by the1950s Adams Morgan began to
decline.
Brown vs. the Board of Education put Adams Morgan in the
history books. In 1955, two segregated elementary
schools, Thomas P. Morgan for African-Americans and the
all-white John Quincy Adams were peacefully integrated.
This event made Washington the first major city to
successfully integrate schools. The neighborhood was
renamed for the two schools to commemorate the event.
The early 1960s saw an influx of Cubans, who joined the
small group of Spanish-speaking residents who worked at
nearby embassies. They were soon followed by immigrants
from Latin America, the Caribbean, and Africa. In the late 1980s, so-called
yuppies began to move into the neighborhood.
ADJACENT
NEIGHBORHOODS
NEIGHBORHOOD
BOUNDARIES
|
North |
Harvard
Street and Columbia Road |
|
East |
13th Street |
|
South |
U Street and
Florida Avenue |
|
West |
Columbia and
Adams Mill Road |
NEIGHBORHOOD
LINKS
ADAMS MORGAN
COMMUNITY PAGE
ONE ADAMS MORGAN
ANC1c
Map of Adams Morgan
To discover more about current listings
and recent home sales in adams morgan and
the washington
dc real estate market:
Call or e-mail us at
202-965-3715
info@hananhomes.com
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