Nearest Airport: WASHINGTON DULLES INTERNATIONAL
Community Characteristics: Close to Military Facility(ies), Influenced by Local Colleges, Stable Population / Low Residential Turnover
Income Per Capita: $40,559
Average Household Expenditure: $79,606
Georgetown is a popular, stylish Washington neighborhood that originated as a tobacco port in the 17th century. In addition to its prominent university, Georgetown real estate boasts a number of historic homes, many of which are now public museums, as well as the embassies of France, Mongolia, Sweden, Thailand, and the Ukraine. Several well-known national figures, politicians, and scores of prominent Washingtonians also call Georgetown real estate home.
Georgetown real estate owners enjoy an unparalleled lifestyle in the nation’s capital. Frequent weekend activities among residents and visitors alike include touring historic homes and gardens, perusing the renowned pre-Columbian artifacts at Dumbarton Oaks, and strolling along the picturesque C&O Canal.
People also flock to Georgetown real estate to visit the countless chic shopping and dining establishments along the commercial corridors on Wisconsin Avenue and M Street. Designers Betsey Johnson, Hugo Boss, Kate Spade, and Ralph Lauren, among others, all have a presence here. You will also find restaurants, from American to Vietnamese cuisine, to satisfy every palate. In addition, there are several dining options along the Potomac River, which serves as the southern border of Georgetown real estate. You can learn more about the Georgetown estate market, including timely statistics about active inventory and the median sales price of area homes, by visiting the Georgetown housing market report. You can also refer to the facts below for additional details about living in Georgetown.
Resource: Long & Foster