This post was contributed by a community member. The views expressed here are the author's own.

Real Estate

[HIDDEN GEMS] Highest Appreciated Bowie Neighborhoods

Why location matters. Check out the Bowie neighborhoods with the highest annual appreciation! Is your neighborhood on the list?

(Picasa)

With low inventory of homes in the DC Metro Area and high demand, home prices continue to rise and in some neighborhoods the home prices are exploding! Check out these hottest Bowie neighborhoods with the biggest year over year median sold price increase over the past year. If you are thinking about selling your home and live in one of these neighborhoods, there are a ton of buyers ready to purchase! When you sell your home with substantial appreciation, you may qualify to exclude up to $250,000 of that capital gain from your taxes. This total increases to $500,000 if you file a joint return with your spouse!

In the past two years, 2,947 properties have sold in Bowie ranging from a 1-bed, 1-bath condo for $100,000 to a 4-bed, 2.5-bath detached for $1,131,315. Click here to sign up for my free monthly real estate market update to stay current on the latest real estate market trends in your neighborhood.

Hottest Bowie Neighborhoods by Appreciation

In the past two years, a total of 2,947 homes sold in Bowie with a median sold price of $345,000 and median days on market of 17. These were the hottest Bowie neighborhoods, where the 2019 median home sale price increased over the 2018 median home sale price.

Neighborhood:Sherwood Manor
Type:Detached
2019 Sold Price:$389,900
2018 Sold Price:$283,500
% Increase:38%
Neighborhood:Vistas at Lake Arbor
Type:Condo
2019 Sold Price:$150,000
2018 Sold Price:$116,000
% Increase:29%
Neighborhood:Bowie Towers
Type:Condo
2019 Sold Price:$185,000
2018 Sold Price:$148,500
% Increase:25%
Neighborhood:East Hampton
Type:Detached
2019 Sold Price:$487,500
2018 Sold Price:$393,500
% Increase:24%
Neighborhood:Tulip Grove
Type:Detached
2019 Sold Price:$380,000
2018 Sold Price:$317,500
% Increase:20%
Neighborhood:Adnell Sub-Plat Five
Type:Detached
2019 Sold Price:$470,000
2018 Sold Price:$396,350
% Increase:19%
Neighborhood:Heather Hills at Bel Air
Type:Detached
2019 Sold Price:$365,000
2018 Sold Price:$310,000
% Increase:18%
Neighborhood:Highbridge Estates
Type:Detached
2019 Sold Price:$409,000
2018 Sold Price:$349,950
% Increase:17%
Neighborhood:Prospect Knolls
Type:Detached
2019 Sold Price:$375,000
2018 Sold Price:$320,000
% Increase:17%
Neighborhood:Glenn Dale Estates
Type:Detached
2019 Sold Price:$365,500
2018 Sold Price:$315,000
% Increase:16%
Neighborhood:Canterbury Heights
Type:Detached
2019 Sold Price:$542,500
2018 Sold Price:$476,125
% Increase:14%
Neighborhood:Ridgeview Estates
Type:Townhome
2019 Sold Price:$242,500
2018 Sold Price:$215,000
% Increase:13%
Neighborhood:Grovehurst
Type:Detached
2019 Sold Price:$465,000
2018 Sold Price:$417,250
% Increase:11%
72SoldNow
Neighborhood:Tartan South-Plat Four
Type:Detached
2019 Sold Price:$525,000
2018 Sold Price:$472,000
% Increase:11%
Neighborhood:Glensford Condo
Type:Condo
2019 Sold Price:$220,000
2018 Sold Price:$198,000
% Increase:11%
Neighborhood:Willow Wood Estates
Type:Detached
2019 Sold Price:$332,500
2018 Sold Price:$303,000
% Increase:10%
Neighborhood:Amber Meadows
Type:Detached
2019 Sold Price:$371,000
2018 Sold Price:$336,250
% Increase:10%
Neighborhood:Chapel Forge at Bel Air
Type:Detached
2019 Sold Price:$359,950
2018 Sold Price:$330,000
% Increase:9%
Neighborhood:Yorktown at Bel Air
Type:Detached
2019 Sold Price:$370,000
2018 Sold Price:$339,250
% Increase:9%
Neighborhood:Old Stage Knolls
Type:Detached
2019 Sold Price:$460,000
2018 Sold Price:$427,500
% Increase:8%
Neighborhood:Newbridge
Type:Detached
2019 Sold Price:$422,500
2018 Sold Price:$390,000
% Increase:8%
Neighborhood:Overbrook at Bel Air
Type:Detached
2019 Sold Price:$348,450
2018 Sold Price:$323,500
% Increase:8%
Neighborhood:Woodview Village
Type:Townhome
2019 Sold Price:$319,863
2018 Sold Price:$297,450
% Increase:8%
Neighborhood:Mitchellville Townhouses
Type:Townhome
2019 Sold Price:$256,000
2018 Sold Price:$238,000
% Increase:8%
Neighborhood:Tall Oaks Crossing
Type:Detached
2019 Sold Price:$440,000
2018 Sold Price:$413,000
% Increase:7%
How Much is my Vienna Home Worth?

Annual Appreciation for the DC Metro Area Cities

The DC Metro area remains one of the hottest real estate markets in the country with low inventory, low days on market and rising sales prices. The table below compares the median sales price for the for first 11 months of sales for 2018 against 2019 to show the appreciation for some of the most popular DC Metro neighborhoods. The Northern Virginia cities of Arlington and Falls Church both experienced tremendous year over year increases in the median sales price. In this hot real estate market, this presents an incredible opportunity to sell your home quickly for top dollar!

Find out what's happening in Bowiefor free with the latest updates from Patch.

City2019 Sold Price (MED)2018 Sold Price (MED)% Change
Alexandria$500,000$487,5003%
Annandale$555,500$534,9004%
Annapolis$431,750$425,0002%
Arlington$606,000$555,0009%
Bethesda$875,000$865,0001%
Bowie$350,000$339,9003%
Centreville$415,000$392,0006%
Chantilly$510,000$507,4501%
Columbia$337,000$335,0001%
Fairfax$540,000$534,6671%
Falls Church$578,005$535,0008%
Gaithersburg$420,000$415,0001%
Herndon$530,000$511,2504%
McLean$940,000$905,0004%
Reston$440,000$425,0004%
Rockville$460,000$470,000-2%
Silver Spring$415,000$400,0004%
Springfield$510,000$475,0007%
Vienna$784,250$778,5001%
Washington$580,000$570,0002%

About Peggy Yee

Peggy Yee is a supervising broker at Frankly Realtors and is a local Top Producer. She has sold over $180 million in sales and was one of Northern Virginia Magazine's Top Realtors since 2015. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com. Peggy is 100% committed to making your move the best experience possible! Don't just take our word...Click here to see what Peggy's past clients have to say about the experience working with her from Buyer and Seller Video Testimonials and you'll understand why she is one of the top real estate agents in Bowie with dozens of 5 Star Zillow reviews. Click here for Zillow Reviews.

* Data Source: BrightMLS and SmartCharts. Information deemed reliable but not guaranteed.

Find out what's happening in Bowiefor free with the latest updates from Patch.

The views expressed in this post are the author's own. Want to post on Patch?

More from Bowie