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Real Estate Highlights History Adjacent Neighborhoods Neighborhood Boundaries Neighborhood Links Map of Mount Pleasant
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Mount Pleasant
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20009, 20010 zipcodes) In 2011, 60 single-family homes sold in Mount Pleasant for an average sale price of $763,789. The average list price was $759,560. This represents a 14% decrease in the number of sales and a less than 1% increase in the average sale price from 2010. Homes were on the market in 2011 for an average of 25 days. Listed below are the number of sales of single-family homes by price range for the past six years.
In 2011, 132 condo and coop units sold in Mount Pleasant for an average sale price of $441,339 and an average list price of $449,793. This represents a 3% increase in the number of sales and a 2% decrease in the average sale price from 2010. The condo and coop units were on the market for an average of 62 days. Listed below are the number of sales of condos and coops by price range for the past six years.
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. As diverse as its culture, so are the residences in Mount Pleasant. The homes from the turn of the century, both the palatial detached houses and townhouses, reflect the classical styles. Several of the larger buildings provide a grand presence to Mount Pleasant. Many of these homes have dormer windows, columned porches, and patterned rooflines. Residences built between 1900 and 1925 were small apartment houses and townhouses, most retaining a classical revival style. The larger apartment buildings were restricted to 16th Street. While a revival of the neighborhood was started in the late 1980s and 1990s, it was not until the last few years that the value of homes rose dramatically. Mount Pleasant is a culturally diverse neighborhood. It is also diverse in the amenities it has to offer its residents. The commercial center of the neighborhood is Mount Pleasant Street that reflects its origin as a turn of the century development on a streetcar line. There are numerous historic and architecturally significant churches in the neighborhood, giving 16th Street the nicknames Church Hill or Avenue of Churches. The influence of Adams Morgan (see highlights of Adams Morgan) in the southern part of Mount Pleasant with its restaurants and nightclubs provide even more flavor to Mount Pleasant's offerings to its residents. The neighborhood has a library branch which was constructed in 1925 and designed by New York architect Edward Tilton in the Italian Renaissance Style. Bancroft and HD Cooke Elementary Schools are located in Mount Pleasant. Its northwestern boundary is the National Zoological Park. The Mount Pleasant Farmers Market is held every Saturday morning from May through December at 17th and Lamont Streets. In the mid 1700s, Robert Peter owned an estate he called Pleasant Plains which stretched from 7th Street going west to Georgetown and north into Maryland. In 1850, William Selden, who was the US Treasurer from 1839 until 1850, purchased a parcel of the estate. Just before the Civil War, he moved out of Washington back to his home state of Virginia. In 1861, Samuel P. Brown of Maine bought Selden's property and enlarged his house into a 30-room mansion. Ingleside was another grand house in what is now Mount Pleasant. It was the home of John Ingle, a friend of George Washington. After the Civil War, Brown subdivided the estate and named his development, Mount Pleasant. In 1865 the demand for housing was not high and only five acre lots were sold at $650 each. A group of government workers, largely from New England, pooled their money to buy a tract of land which they subdivided into rowhouses. So many federal employees moved into the neighborhood the community was dubbed "Clerksville." By the 1870s, the price per acre rose to $2,000-$4,000. Because of the inordinate number of New Englanders and the neighborhood's isolation from the city, the character of the community was that of a New England village. Transportation was greatly improved with the introduction of electric trolleys in the early 1900s and the widening of 16th Street. In the 1930s and 40s, apartment buildings constructed on 16th Street brought more traffic and short-term residents to the neighborhood. The large rowhouses were subdivided into several residences, especially during the DC housing shortage of World War II. Property declined in the 1960s. Beginning in the 1980s, the neighborhood has had an influx of young professionals looking for bargains and ready to renovate.
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