Long & Foster Real Estate, the largest independent residential real estate company in the United States, has updated its neighborhood level versions of The Long & Foster Market Minute for 15 areas within Washington, D.C.

Overall, Washington, D.C., experienced no change in the number of homes sold year-over-year and an increase in median sale price in September. Active inventory fell by 8 percent in Washington, D.C., compared to the same month in 2013. September data also shows that in most neighborhoods homes are selling in a month or less on average. Many individual neighborhoods in the city, however, continued to outperform the District as a whole.

Across the city, the number of homes sold in September did not change compared to the prior year, but many individual neighborhoods experienced significant increases. For example, the Columbia Heights and Mt. Pleasant neighborhood saw a 106 percent jump in number of units sold and the Anacostia and Hillcrest neighborhood experienced a 50 percent increase. The Southwest and Waterfront neighborhood followed with a 38 percent uptick in the number of units sold.

According to September data, the median sale price in Washington, D.C., rose by 1 percent overall compared to the same month in 2013, but several neighborhoods saw larger increases in median sale price. The Cleveland Park and Kalorama neighborhood enjoyed the largest improvement at 95 percent. The Spring Valley and Wesley Heights neighborhood saw a 42 percent increase. The Foggy Bottom and West End neighborhood experienced a 23 percent jump in median sale price.

Active inventory decreased by 8 percent throughout the city in September. The Southwest and Waterfront neighborhood had a 39 percent drop in active inventory, and the Columbia Heights and Mt. Pleasant neighborhood saw a 24 percent decrease. The Brookland and Woodridge neighborhood experienced a 21 percent decline.

In September, the District experienced a days on market (DOM) average of 29 days. The Columbia Heights and Mt. Pleasant neighborhood experienced a marketing period of 17 days. Both the Capitol Hill (NE) and Logan Circle and Dupont neighborhoods saw average DOMs of 20 days. The Brookland and Woodridge neighborhood saw a DOM average of 22 days.

“September brought good news to many areas of the Mid-Atlantic real estate market, including in the Washington, D.C., region,” said Jeffrey S. Detwiler, president and chief operating officer for The Long & Foster Companies. “Median sale prices have risen in many areas, and homes continue to sell at a steady pace. We anticipate more improvements in the months ahead.”

The Long & Foster Market Minute is an overview of market statistics based on residential real estate transactions and presented at the county level. The easy-to-read and easy-to-share reports include information about each area’s units sold, active inventory, median sale prices, months of supply, new listings, new contracts, list to sold price ratio, and days on market. Featuring reports for more than 500 local areas and neighborhoods in addition to more than 100 counties in eight states, The Long & Foster Market Minute is offered to buyers and sellers as they aim to make well-informed real estate decisions.

The Long & Foster Market Minute reports are available at www.LongandFoster.com, and users can subscribe to free updates for the reports in which they’re interested.