3000 block of R St.
Monthly Archives: January 2011
Georgetown by the Numbers: Getting Here
Photo by theMuuj.
GM has written a bit on who lives in Georgetown and how we get around, but today he’s going to ask: how’d we get here. Well, maybe not how specifically, more like when and from where.
Here are the answers to those questions according to the American Community Survey:
When We Got Here:
According to the ACS, here’s how it breaks down as to when Georgetown residents arrived to the neighborhood (this is by household, not resident):
| Moved in 2005 or later | 38.36% |
| Moved in 2000 to 2004 | 28.32% |
| Moved in 1990 to 1999 | 18.21% |
| Moved in 1980 to 1989 | 10.73% |
| Moved in 1970 to 1979 | 1.57% |
| Moved in 1969 or earlier | 2.81% |
So most people got here since 2000. Unsurprisingly, owner-occupied units tend to have been occupied longer than rental units:
Filed under Demographics
The Morning Metropolitan
Photo by BoopBoopBoopBoop.
Good morning Georgetown, here’s the latest:
- GM had a prior commitment and couldn’t make it to the Hardy PTA meeting Wednesday night. Thankfully Shaun Courtney was on the job.
- Some councilmembers are proposing to rename Pennsylvania Ave. as a protest for voting rights. GM sort of proposed that idea a long time ago…
Filed under The Morning Metropolitan
Special ANC Meeting Next Thursday to Discuss GU Ten Year Plan
Next Thursday (January 20th), the ANC (or rather the Committee of the Whole of the ANC) will meet to discuss Georgetown University’s Ten Year Plan. The meeting is going to be held at the Duke Ellington School at 6:30 pm.
At the meeting, the ANC will hear from Georgetown University and various community groups, such as CAG and the Burleith Citizens Association. It’s not clear yet to GM whether the public will be invited to chime in, but it seems unlikely that at least some public testimony won’t be allowed.
Any ANC resolution on the matter won’t be adopted until the normal January 31st ANC meeting. But GM will let you in on a little not-at-all-secret secret: the ANC is going to object to the campus plan. Continue reading
The Morning Metropolitan
Photo by Hellomarkers!
Good morning Georgetown, here’s the latest:
- PoP wonders whether a $2.7 million house on N St. is worth it.
- Bunch of new Q&A Cafe guests announced.
Filed under The Morning Metropolitan
Real Estate Results for 2010
In 2010, the Georgetown real estate market appears to have started to pull itself off the bottom. While the numbers are still down, the market is definitely finally moving upwards.
There were 215 homes sold in Georgetown in 2010. The mean price was $1,263,921.21. The median (which isn’t thrown off as much by a few large sales) was $995,000. Here’s how that compares to 2009:
| 2009 | 2010 | Change | |
| Homes Sold | 199 | 215 | 8.04% |
| Mean Price | $ 1,374,447.13 | $ 1,263,921.21 | -8.04% |
| Median Price | $ 1,050,000.00 | $ 995,000.00 | -5.24% |
So, activity was up in 2010, but the prices weren’t. (It’s just a crazy coincidence that the number of homes sold was up exactly even with the percent drop in mean price).
The more pressing question is how did sales prices fare compared with list prices. On that account 2010 was slightly better than 2009. The mean drop in price from list to sale for 2010 was $123,068.86, the median drop was $65,000. That compares with 2009’s numbers of $134,760.13 and $65,000 respectively. So the mean drop is down slightly and the median drop is exactly the same.
Here’s how the years compare graphically. Below are the two years with dots showing the price and date of every house sold. Continue reading
Filed under Real Estate
The Morning Metropolitan
Photo by Antisocialtory.
Good morning Georgetown, here’s the latest:
- Tensions coming to boil at Hardy.
- GU student critically injured after falling five stories.
Filed under The Morning Metropolitan
The Georgetown Metropolitan 
You must be logged in to post a comment.