DC in a week: Aug 22-26

This week's Washington DC news relating to the real estate industry

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Need news in a flash? Here’s what’s happening in your community.

The Anacostia Riverwalk Trail will be home to a mixed-use development slated to feature 80,000 square feet of restaurant and retail space and more than 450 apartment units. Named Riverpoint, the development is located at 2100 Second St., SW in the former location of the U.S. Coast Guard headquarters at Buzzard Point.

buzzard point plans

Rendering from Buzzard Point plan

Washington D.C. home prices increased 3.2 percent in July from a year earlier to a median sale price of $558,000, according to Redfin. After prices declined in June, the peak of the real estate season, homeowners in the District welcomed July’s price appreciation.

D.C.-area broker Cheryl Spangler profiles the Oronoco, a luxury condo unit located at 601 N. Fairfax St., Alexandria, Virginia.

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