If you're thinking about buying or selling in Georgetown this fall, you are probably wondering how the market has performed over the past two years and where it stands now. The good news is Georgetown's fall seasons have shown remarkable resilience, with the neighborhood maintaining its status as one of DC's most desirable addresses even as broader market conditions shifted.
Let's look at what actually happened in Georgetown during the fall months of 2023 and 2024, plus where we stand year to date in 2025, and what it all means if you're considering a move.
Georgetown Held Strong While Other Neighborhoods Fluctuated
While many DC neighborhoods saw price volatility over the past two years, Georgetown remained impressively stable. The median sold price in the Georgetown and Burleith area (ZIP 20007) showed modest but consistent growth during fall periods.
In fall 2023, Georgetown's median prices hovered around $1.31 million, representing steady demand in this historic neighborhood. By fall 2024, that figure climbed to approximately $1.32 million, marking a 12.1% year over year increase by October. This wasn't the dramatic spike we saw in some Northern Virginia suburbs, but it demonstrated something more valuable: stability.
What makes this particularly noteworthy is that Georgetown achieved this growth even as inventory levels began to increase across the broader DC market. Buyers continued to pay premium prices for Georgetown addresses, confirming what longtime residents already knew—location and character matter.
Days on Market Tell the Real Story
Here is where Georgetown's fall performance gets interesting. Throughout both 2023 and 2024, well priced Georgetown properties consistently sold within the first 30 days on market. In fact, homes that presented well and were priced appropriately often received multiple offers within the first week.
By fall 2024, the average days on market in Georgetown dropped to around 32 days, down from 40 days the previous year. This 20% decrease tells you everything you need to know about buyer demand. Even as mortgage rates remained elevated in the high 6% range, serious buyers were still moving quickly on Georgetown properties.
Compare that to some other DC neighborhoods where days on market stretched to 60 or even 90 days, and you'll understand why Georgetown sellers maintained their negotiating power.
The Fall Advantage in Georgetown
Fall selling in Georgetown offers distinct advantages that the past two years have proven out. First, you're dealing with serious buyers. The casual spring lookers have moved on, and fall buyers are typically motivated by job relocations, life changes, or year end financial planning.
Second, Georgetown's charm shines particularly bright in autumn. The tree lined streets, historic architecture, and proximity to the waterfront create an atmosphere that's hard to replicate anywhere else in the city. Buyers touring in October and November experience the neighborhood at its most appealing.
The data backs this up. Both fall 2023 and fall 2024 saw strong contract activity in Georgetown, with pending sales maintaining pace even as other neighborhoods slowed. In fall 2024 specifically, current contracts were up 31% compared to the previous year, signaling robust buyer interest heading into the traditionally slower winter months.
What Sellers Need to Know
If you're considering listing in Georgetown this fall, here's what the past two years teach us: presentation matters more than ever. Buyers shopping in the million dollar plus range have high expectations, and they're comparing your home to everything else available in this competitive neighborhood.
The homes that sold quickly in both fall 2023 and fall 2024 shared common characteristics. They were updated (particularly kitchens and bathrooms), staged to highlight Georgetown's architectural charm, and priced based on recent comparable sales rather than aspirational thinking.
Pricing strategy proved critical. Georgetown sellers who priced at or slightly below recent comparables attracted multiple offers and often achieved sale prices at or above ask. Those who tested the market with aggressive pricing saw extended days on market and eventually had to reduce prices anyway.
Georgetown Year to Date in 2025
So far in 2025, Georgetown has continued its trajectory of steady performance with some interesting shifts. Through mid year, the median sold price in Georgetown reached $1.76 million in June, showing a slight decrease of 2% compared to the previous year but still maintaining the premium positioning that defines this neighborhood. What's particularly noteworthy about 2025 is the inventory story. Active listings increased by 15% year over year, giving buyers more choices than they've had in recent years. At the same time, homes sold increased by 4%, proving that buyer demand remains robust despite the additional supply.
Days on market improved dramatically, dropping to 32 days in June 2025, down 20% from 40 days the previous year. This tells you that well priced Georgetown homes are still moving quickly, even with more inventory available. The market hasn't cooled; it's simply become more balanced.
The sale price to list price ratio held strong at 96.9%, meaning sellers are still achieving near asking price for properties that are appropriately priced and well presented. New listings were up 15% year over year, and pending contracts surged 31%, signaling healthy activity heading into the second half of the year.
By early fall 2025, Georgetown's median home values stabilized around $1.7 million according to recent data, maintaining the neighborhood's position as one of DC's most valuable residential areas. While some sources showed variance in median pricing (ranging from $1.38 million to $1.84 million depending on the dataset and property types included), the overall trend points to sustained value in this historic neighborhood.
What Buyers Should Expect
For buyers, Georgetown's fall market over the past two years demonstrated that patience and decisiveness need to coexist. Yes, inventory levels increased slightly heading into fall 2024, giving buyers more choices than they had in spring. But the best properties still moved fast.
Successful Georgetown buyers in both fall seasons came prepared. They had financing lined up, understood the neighborhood's micro markets (East Village versus West Village, for instance), and were ready to move when the right property appeared.
One trend worth noting: the sale price to list price ratio in Georgetown remained strong, averaging 96.9% in recent months. This means buyers who tried to lowball offers typically lost out to more serious competitors. In Georgetown's fall market, being ready to pay fair market value was essential.
Looking Ahead
What does Georgetown's performance over the past two years plus 2025 year to date tell us about the rest of this year? The fundamentals remain remarkably strong. Limited inventory relative to demand, Georgetown's irreplaceable location and character, and the neighborhood's proven ability to maintain value through market cycles continue to support pricing.
The 2025 data shows us something encouraging: increased inventory hasn't led to price crashes or extended market times. Instead, we're seeing a healthier, more balanced market where good properties still sell quickly and buyers have more legitimate choices. This is ideal for both sides of a transaction.
Mortgage rates have stabilized in the mid to high 6% range, and buyers are no longer waiting for dramatic rate drops. The pent up demand from buyers who sat on the sidelines in 2023 and early 2024 is returning to the market, particularly in neighborhoods like Georgetown where long term value is clear.
For sellers, this means fall 2025 offers another solid window. The year to date numbers prove that buyers are active and willing to pay fair market value for well presented homes. For buyers, it means competition will remain present but not overwhelming, and opportunities exist for those who are prepared and realistic about pricing.
Georgetown's performance over fall 2023, fall 2024, and year to date 2025 proves that quality and location trump almost everything else. While other neighborhoods rode the roller coaster of rapid appreciation followed by corrections, Georgetown maintained steady, sustainable growth and value retention.
The 2025 data reinforces what we saw in previous falls: Georgetown remains a safe bet for both buyers and sellers. Increased inventory hasn't destabilized prices. Faster sales times show strong demand. And the neighborhood continues to command premium pricing that reflects its unique character and location.
If you're thinking about making a move in Georgetown this fall, the three year track record is clear: price it right, present it well. The neighborhood's proven resilience speaks for itself, and buyers continue to recognize the value and prestige of calling Georgetown home.
