Friendship Heights, Washington D.C.
Average Home Sizes and Asking Prices
Updated On: March 15, 2014
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Homes for Sale in Friendship Heights and American University Park
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Friendship Heights, American University Park and Tenleytown are three of the most beautiful neighborhoods in the residential area of Washington, D.C. Located in the northwest corner of the city and next to the Maryland border, residents enjoy easy access to the jobs, schools and amenities of urban D.C. without having to sacrifice the peace and pace of a quiet suburban life. Future homebuyers will easily find that apartments and investment properties near colleges and the city, along with single-family detached homes, condominiums and townhouses, make up the real estate market in American University Park, Friendship Heights, and Tenleytown.
All three of these communities are well known for comfort, affluence and tranquility. Friendship Heights is many residents' favorite place to live in the city because of its charm and character. American University Park was created near and named for the renowned educational institution American University, and is located in the neighboring community, that is now called Spring Valley. Located right next to American University Park, Tenleytown is D.C.'s second oldest village. As a village deeply rooted in its history, Tenleytown today is known to all as a friendly and exciting community that still possesses a small-town atmosphere.
A beautiful landscape, efficient transportation infrastructure, and a rich history enhance what is already an advantaged lifestyle in these peaceful neighborhoods.
Friendship Heights and American University Park, DC Real Estate Market & Prices
The neighborhoods of Friendship Heights, American University Park and Tenleytown are comprised primarily of opulent, single-family detached homes, apartments, condos and townhouses. Architectural styles range from 1930s era colonial design to expansive modern styles with efficient floor plans and up-to-date amenities.
American University Park has the steeper real estate prices of the two neighborhoods, with homes starting at $600,000 and ranging to sprawling multi-million dollar estates. The average two-bedroom home in University Park costs $750,000. In Friendship Heights, condominiums and townhouses start in the low $200,000s and the average two-bedroom house is priced in the high $600,000s. Some homes in this community also exceed $1 million.
Whether you are looking for a rustic 1920s farmhouse with five-bedrooms and a wide screened-in porch, or a contemporary condo with built-in technology, your dream home can be found in Friendship Heights, American University Park and Tenleytown, offering arguably the best quality of life in Washington, D.C.
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Friendship Heights and American University Park Real Estate Market Trends
Friendship Heights and American University Park Real Estate Stats and Trends for the week of January 13th, 2014: homes priced around $1,261,800 compared to $1,330,475 the previous week, showing a decrease of less than -5%. For Friday, March 14th, the current national mortgage rate for a 30 year fixed mortgage is 4.29%; the 15 year fixed rate is at 3.35%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.37%, while the 15 year jumbo rate currently is at 3.72%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Friendship Heights and American University Park DC. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Friendship Heights and American University Park to help you find the best home!