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And within the District, Columbia Heights and Mount Pleasant are among the regions in highest demand, with D.C. housing prices really skyrocketing, according to the Washington Business Journal. Properties in those neighborhoods regularly sold for more than 100% of their asking prices.

Penn Quarter and Shaw, two more of D.C.’s hottest neighborhoods, saw prices climb 38% from a year ago, with prices averaging $592,000. Cleveland Park and Kalorama saw median sale prices rise 30% from a year prior.

As nationwide housing prices are climbing, D.C. housing prices are proving one of the hottest gainers.  D.C. area housing prices rose 9.6% in July from a year prior, with the District itself welcoming 11.6% rise in prices.

For buyers, the nation’s capital…

Properties in Kalorama, a nearly entirely residential area in Northwest near Adams Morgan and Rock Creek Park, are selling at a premium these days.  Kalorama is also quite close to Dupont Circle and Woodley Park and known as a more wealthy, affluent area with a slew of embassies anchored here.

Properties in Kalorama range from single family homes to townhomes to condos, with many of these properties in Kalorama being condos while others are massive, million-dollar homes.

At 2410 20th St. NW, a one-bedroom, 577-square-foot condo lists for $299,900, with low utilities and high ceilings as well as a renovated bath, though the listing admits it “needs a little TLC.” Nearby at 2540 Massachusetts Avenue NW, a one-bedroom, 850-square-foot condo in a…

Condos near Logan Circle in Northwest Washington D.C. include the upcoming Elevenm, which are only four units of loft-style luxury condos on 11th Street NW between M and N Streets NW being developed by Brook Rose Development.

These condos, which start in the $500,000s, are studios or one-bedroom or one-bedrooms with a study. New condos near Logan Circle are most likely to be these renovated-building type of projects as the area is essentially already fully developed out with very few buildings calling for a major ground-up overhaul.

Similar condos near Logan Circle include the Lionel Lofts, which are five condos in the redevelopment of the Lionel Train store at 1324 14th Street, placing it just a block from Logan Circle, just south of Rhode Island…

Shaw development, like in many parts of the District these days, is going full steam ahead. Here, Shaw development is especially welcome by residents who are very eager for revitalization in their community, which has been dilapidating since its heyday in the late 19th and 20th centuries.

The 7th Flats at Progression Place is among the newer apartment projects in the pipeline of Shaw development. This part of a mixed-use development of about 100,000 square feet, including about 205 apartments and 20,000 square feet of retail space.  These were supposedly going to be available this sometime this spring, but its website gives no indication the units are ready for tenants just yet.

Shaw is billed as a more afford able option to nearby Adams Morgan or…

Capitol View on 14th Street is among the bevy of new apartment buildings in the U Street Corridor lately, and the building have been leasing up and tenants have been moving in since last fall. The Capital View on 14th Street apartments include about 255 units, renting for between $1,881 and $5,856 for units ranging from between 580 square feet to 1,601 square feet, although the lowest priced model now listed on their website is for $2,106 for a 512-square-foot apartment.

Among the amenities at Capitol View at 14th Street are a rooftop deck and pool with a year-round fireplace and a state-of-the-art fitness center and media center/business room. The Capitol View at 14th Street building aims for a luxury feel with a Chihuly sculpture in the lobby and…

Monroe Street Market, by Abdo Development, will include 1 million square feet of mixed-use development near the Brookland Metro, according to D.C. Urban Turf. The Monroe Street Market is tucked just south of Catholic University’s campus at Michigan Avenue and Monroe Street in Northeast D.C.

The Monroe Street Market project includes about 720 rental apartments – from studios to two bedrooms – that will began leasing in March and will be ready for move-ins in June 2013. Renderings of the Monroe Street Market buildings look stately. A common room is complete with a fireplace and computer stations, and has the atmosphere of a luxury lodge.

The idea of Monroe Street Market is to expand Brookland’s 12th Street retail corridor and create a college-style area…