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DC 2002 Ward Profile - Housing
Housing UnitsPrice of Single-Family Homes (2016 $)
MobilityMortgage Lending (Home Purchase Loans)
Rental VacancyMortgage Borrower Income (2006 $)
HomeownershipSubprime Lending
Sales of Single-Family Homes 
 
Sources and Notes
 
Ward 2

  This Ward   All Wards in D.C.
Average Low High
Housing Units            
Occupied housing units, 1980 33,406     31,643 29,914 34,509
Occupied housing units, 1990 33,112     31,204 27,775 35,873
Occupied housing units, 2000 36,180     31,042 25,063 36,849
Occupied housing units, 2010 40,362     33,338 26,742 40,362
Mobility            
% same house 5 years ago, 1990 36     53 36 66
% same house 5 years ago, 2000 32     50 32 62
Rental Vacancy            
Rental vacancy rate (%), 1980 9.0     6.0 2.9 9.0
Rental vacancy rate (%), 1990 9.1     8.0 4.6 13
Rental vacancy rate (%), 2000 3.6     6.2 2.2 11
Rental vacancy rate (%), 2011-15 5.4  1.4   5.6 3.3 7.5
Homeownership            
Homeownership rate (%), 1980 22     35 17 58
Homeownership rate (%), 1990 29     39 18 60
Homeownership rate (%), 2000 32     41 22 61
Homeownership rate (%), 2011-15 35  1.4   41 20 59
Sales of Single-Family Homes            
Number of sales, 1995 215     387 140 623
Number of sales, 1996 248     428 174 644
Number of sales, 1997 355     494 178 767
Number of sales, 1998 421     665 259 1,005
Number of sales, 1999 403     637 266 956
Number of sales, 2000 350     528 258 738
Number of sales, 2001 306     532 225 814
Number of sales, 2002 352     543 251 793
Number of sales, 2003 386     538 202 760
Number of sales, 2004 333     606 297 967
Number of sales, 2005 291     570 290 871
Number of sales, 2006 234     463 234 725
Number of sales, 2007 197     397 197 577
Number of sales, 2008 180     282 174 429
Number of sales, 2009 150     275 84 456
Number of sales, 2010 204     313 112 506
Number of sales, 2011 200     349 99 564
Number of sales, 2012 236     400 103 617
Number of sales, 2013 238     455 125 769
Number of sales, 2014 183     386 142 665
Number of sales, 2015 210     404 147 683
Number of sales, 2016 223     433 195 759
Price of Single-Family Homes (2016 $)            
Median sales price, 1995 473,000     235,000 126,000 473,000
Median sales price, 1996 416,000     223,000 118,000 456,000
Median sales price, 1997 464,000     233,000 114,000 472,000
Median sales price, 1998 504,000     241,000 110,000 504,000
Median sales price, 1999 536,000     257,000 118,000 556,000
Median sales price, 2000 592,000     284,000 127,000 613,000
Median sales price, 2001 723,000     340,000 144,000 723,000
Median sales price, 2002 771,000     393,000 153,000 812,000
Median sales price, 2003 814,000     436,000 172,000 880,000
Median sales price, 2004 933,000     505,000 191,000 977,000
Median sales price, 2005 1,103,000     595,000 246,000 1,103,000
Median sales price, 2006 1,049,000     613,000 302,000 1,049,000
Median sales price, 2007 1,055,000     620,000 312,000 1,055,000
Median sales price, 2008 1,151,000     609,000 323,000 1,151,000
Median sales price, 2009 1,070,000     580,000 264,000 1,070,000
Median sales price, 2010 1,008,000     564,000 240,000 1,008,000
Median sales price, 2011 1,033,000     547,000 231,000 1,033,000
Median sales price, 2012 1,007,000     562,000 217,000 1,007,000
Median sales price, 2013 1,241,000     621,000 219,000 1,241,000
Median sales price, 2014 1,100,000     640,000 261,000 1,100,000
Median sales price, 2015 1,304,000     699,000 280,000 1,304,000
Median sales price, 2016 1,260,000     721,000 285,000 1,260,000
% annual change median price, 2006-2016 1.8     1.6 -0.7 2.2
% annual change median price, 2011-2016 4.1     5.7 4.1 8.7
% annual change median price, 2015-2016 -3.4     3.1 -3.4 9.4
Mortgage Lending (Home Purchase Loans)            
Loans per 1,000 housing units, 1997 75     39 12 75
Loans per 1,000 housing units, 1998 99     53 15 99
Loans per 1,000 housing units, 1999 111     59 23 111
Loans per 1,000 housing units, 2000 111     61 26 111
Loans per 1,000 housing units, 2001 110     63 26 110
Loans per 1,000 housing units, 2002 124     67 29 124
Loans per 1,000 housing units, 2003 130     71 34 130
Loans per 1,000 housing units, 2004 166     88 45 166
Loans per 1,000 housing units, 2005 185     102 60 185
Loans per 1,000 housing units, 2006 160     94 69 160
Mortgage Borrower Income (2006 $)            
Median borrower income, 1997 108,049     78,411 39,851 139,821
Median borrower income, 1998 108,541     79,888 47,907 140,478
Median borrower income, 1999 94,727     78,951 46,099 143,012
Median borrower income, 2000 115,766     87,637 43,360 155,198
Median borrower income, 2001 125,679     94,717 51,951 162,243
Median borrower income, 2002 122,398     96,587 54,599 163,892
Median borrower income, 2003 134,894     98,254 52,744 151,254
Median borrower income, 2004 131,761     106,372 61,162 169,157
Median borrower income, 2005 137,632     115,753 73,947 164,861
Median borrower income, 2006 147,671     122,158 77,028 180,781
Subprime Lending            
% subprime loans, 1997 1.1     3.9 1.0 18
% subprime loans, 1998 1.2     5.9 0.8 35
% subprime loans, 1999 1.2     4.5 0.9 27
% subprime loans, 2000 2.3     5.1 2.3 19
% subprime loans, 2001 1.7     3.1 1.4 8.8
% subprime loans, 2002 1.1     2.8 1.1 7.9
% subprime loans, 2003 1.1     3.6 0.8 10
% subprime loans, 2004 1.2     5.3 1.2 14
% subprime loans, 2005 2.9     10 1.4 24
% subprime loans, 2006 2.2     8.7 1.1 20

Notes:
i = Insufficient data; s = Suppressed proprietary or confidential data.
 
Prepared by NeighborhoodInfo DC (revised August 16, 2017).
 
Sources and Notes