DC
05/03/2013 11:34 am ET Updated May 03, 2013

Expensive D.C.-Area Real Estate: Houses For A Boomtown

via Realtor.com

Another week, another article saying that homes around D.C. are selling fast, and for higher than their asking prices.

The Washington Times relates the story of a Capitol Hill townhouse that was listed for $337,000 -- and sold for $760,951.

This sort of trend should be no surprise in a boomtown -- which the D.C. area is, says Bloomberg, having recently put the nation's capital and environs on its list of the country's fastest-growing metropolitan areas. D.C.'s robustness, Bloomberg notes, is largely attributable to exactly the things that made Sean Hannity irate when he, too, labeled D.C. a boomtown: the lure of federal government employment, and the defense and civilian contracting sectors.

We'll leave aside the question of if this kind of growth is wise or sustainable to ask: what sorts of swanky abodes are available to this boomtown's beneficiaries?

PHOTO GALLERIES
Spend Your Money On These Expensive D.C. Area Homes

Or perhaps you'd rather spend your dough on an 18th century plantation designed by Thomas Jefferson?

PHOTO GALLERIES
Brandon Plantation

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