Dupont Circle

(Photo Copyright 2005 Best Address® Real Estate, LLC. All Rights Reserved.) Dupont Circle's famed fountain was sculpted by Daniel Chester French, the same artist who crafted  the 19-foot marble statue of Abraham Lincoln that sits in the center of the memorial bearing his name located on The Mall


     Dupont Circle is one of the most sought-after neighborhoods in the nation's capital. The trendy community's small cafes, specialty bookstores,  antique shops, museums, and art galleries make it a favorite spot. 
     With its growing popularity so too has grown the tendency for surrounding neighborhoods to claim they are part of this chic enclave. Perhaps in the vague hopes of riding Dupont's  cosmopolitan coattails, some have even begun to refer to the area far beyond the neighborhood's eastern boundary as "Dupont East."
     True Dupont Circle, however,  is generally considered to be the area bounded by 16th Street to the east; 22nd Street the west, Florida Avenue to the north, and M street to the south. (The area just beyond Dupont's southwestern boundary is known as the "West End.")
     Architecturally, Dupont is known for its grand Victorian brownstones and row houses. A diverse mix of rental buildings, condominiums, cooperatives, row houses, single-family homes, and high rises can all be found in the area.
     Dupont Circle is densely populated. Not surprisingly, parking is at a premium, and a single space can easily sell for $50,000. 
     Although most people correctly assume that Dupont Circle is named after the famous chemical and industrial du Pont family, few know which member of the family the circle honors: Samuel Francis du Pont.
     Samuel was born in 1803. He became involved in military affairs at the young age of 12, when he was appointed to the U.S. Navy by President Madison. His military career came to a crashing halt when he was blamed for the failed attack on a Confederate  port during the Civil War. Later, when it became apparent that he had advised against the attack, his name was cleared.
     To honor him and help set the record straight, the du Pont family erected a statue of Samuel in 1884 in what was then known as Pacific Circle.
     Today, the statue is nowhere to be found in the Circle. That's because the du Pont family had the statue relocated to Wilmington, Del. Following its relocation, the du Pont family commissioned Daniel Chester French to design the fountain that now stands where the statue of Samuel once stood.
     A popular misconception about the fountain is that the three women depicted on it represent the three fates from Greek mythology. The women actually represent the three arts of ocean navigation: the sea, the stars and the wind.
     To check out a Washington Post article about the neighborhood, click here. To learn more about the history of Dupont Circle, click here. For additional information, check out the Dupont Circle Citizens Association



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FAST FACTS*

Average Studio Condo/Co-op:  $216,726
Average 1 BR Condo/Co-op:  $352,677
Average 2 BR Condo/Co-op:  $575,815
Average 3 BR Condo/Co-op:  $905,083
Average 3 BR House:  $942,250
Average 4 BR House:  $1,296,000
Average 5 BR House:  $1,828,333
Average 6 BR House:  $1,577,500
Average 7 BR House: $2,075,000**


Range in Prices: $181,390 - $2.675 million


$181,390 paid for a 333 square foot studio co-op at The Winthrop Condominium (1727 Massachusetts Ave., NW) in May 2008.
$2.675 million paid for a 5 bedroom row house with 2-car garage at 2019 R Street, NW
in April 2008.

*Based on MLS Data for the Six-Month Period
Ending July 2008.

**Only 1 sold during this period.