One Part of D.C. Unlikely to See a Shake-Up? Its Real Estate Market Usually the first boom is in the rental market, high-end brokers say By Michele Lerner | Save A condo in this Connecticut Avenue, Washington D.C., apartment building, was recently sold for $2.75 million. HomeVisit A condo in this Connecticut Avenue, Washington D.C., apartment building, was recently sold for $2.75 million. HomeVisit When the White House welcomes its new residents later this week, a few other upscale homes in Washington, D.C., are also likely to change hands. But D.C. insiders say the U.S. capital’s housing market remains relatively stable even when the reigning political party changes.