Washington DC Homes between $1,500,000 to $2,000,000
Washington DC continues to trend upward as one of the nation’s hottest real estate marketplaces, and that includes homes for sale between $1,500,000 and $2,000,000. What’s significant about these numbers? Simply that a million dollars doesn’t buy what it once did in the District and that the ceiling continues to rise.
In the aftermath of civil unrest in the late 1960s, DC went through an extended downward turn of urban decay and decline. Two decades later, the Capitol’s resurgent drive began, with neighborhoods like Adams Morgan and Dupont Circle leading the way. The plethora of old row houses and other historical structures provided opportunities for buyers to get in on the ground floor before restoring and renovating. There has also been a continuing wave of development and new construction.
Washington DC Homes between 1.5M-2M
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All Listings
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Over $1,000,000
Today’s DC is a far cry from the neglect of a half-century past. But it still is a place that values history and tradition. In short, it’s a region with a diverse cross-section of communities and neighborhoods, and one that continues to evolve. And part of the ongoing changes is the price fluctuation, which always includes both dips and spikes, but continues to climb over the long term.
So what kinds of condos and homes for sale does $1,500,000 to $2,000,000 buy in Washington DC? The answers lie not only in property type, but in location. You can drop well over a million dollars on soaring lofts or multilevel townhouses in hip urban territories like Adams Morgan, Capitol Hill, Dupont Circle or Georgetown. Or, for those desiring detached single-family homes with yards, outlying residential neighborhoods like American University Park, Burleith, Chevy Chase, Pallisades and Spring Valley beckon.
But those represent just a fraction of the areas where you can find homes for sale between $1,500,000 and $2,000,000 in Washington DC. And truth be known, properties can often climb well above those amounts. Those who really want to dream big may wish to explore the $10 million and over listings—real estate in a class of its own.
From penthouses in the downtown area to graceful pillared Colonials on quiet tree-lined streets, the upper stratosphere of real estate in our nation’s capital is a cornucopia of possibilities. So check out the available listings of Washington DC homes for sale between $1,500,000 and $2,000,000, and then you may wish to either narrow or broaden your criteria from there.
