Neighborhood Statistics - Updated Monthly

• 9 condos changed hands in July 2008.
  • The one bedrooms ranged from a unit at 2500 Q St which sold in 132 days for $360,000 to an apartment at 3251 Prospect which sold for $645,000.
  • A unit at 3303 Water Street (2BR) was listed for $1,995,000 and sold in a week for $1,850,000.
  • Another two bedroom (this with 3 baths) listed at 3030 K Street sold for $1,900,000, after 11 months on the market.
• Eleven single family homes sold in July.
  • These ranged from a 1BR/1.5BA house at 35th and P which sold at list for $649,950 to an 8 BR/8BA house with 4 levels and 6 fireplaces built in 1880 at 28th and Q which sold in a day for $11,500,000, $3m under list.

For true local and knowledgeable service in the Georgetown District of Columbia real estate market, call Alix at 202-361-5798 or Aelita at 703-201-0322.

Georgetown Neighborhood Information

Georgetown District of Columbia predates Washington DC by nearly a century. Georgetown District of Columbia began as a tobacco port in the early 18th century. Its situation below the falls of the Potomac made it the most convenient seaport for inland plantations and the developing Piedmont area. In 1751, the Provincial Assembly of Maryland appointed commissioners to survey and lay out a town around the port to be called Georgetown. By 1789, Congress had named Georgetown an official port of entry for Maryland. Three years later, Georgetown was possibly the largest tobacco port in the nation with wharves stretching from Rock Creek to what is now Key Bridge; it remained a thriving commercial center for several decades but by the end of the Civil War its importance had declined. In 1871, it became part of the territory of the District of Columbia.

After 1871, as the City of Washington expanded in all directions, society began to ignore Georgetown. Landlocked, it became another quiet neighborhood which continued to grow since its location made it convenient and its small-town feel made it popular. The restoration of Georgetown District of Columbia began in the 1920s and continued through the 1930s and after the Second World War. Georgetown District of Columbia was declared a National Historic Landmark in 1967.

To live in Georgetown District of Columbia today is to live in the midst of history. A few homes remain which date from as early as 1700. Landmarks include Georgetown University, the C and O Canal, the Old Stone House on M Street (1765), Evermay built between 1801 and 1810 and Tudor Place, now a house museum, which was built between 1805 and 1816 by Martha Washington’s granddaughter, Martha Parke Custis, and her husband Thomas Peter. Of all the neighborhoods in Washington, Georgetown District of Columbia contains the highest number of older and historic homes from all periods.

Good buys are always possible, particularly if you have a local market expert to help you. Alix Myerson and Aelita Brolis are experienced real estate professionals with nearly eighteen years experience between them, overseeing more than $100,000,000 of real estate transactions.