Are these H St. NE / Capitol Hill houses priced appropriately?

[Anonymous]

Anonymous wrote:

Anonymous wrote:This is awesome but expensive. However, already under contract.

https://www.realtor.com/realestateandhomes-detail/212-A-St-NE_Washington_DC_20002_M93986-29101?ex=2935492387

I appreciate the aesthetic they were going for, but that kitchen is awful from a functional standpoint.

On the market since May 2021 with only one price reduction. They were adamant about their price!

[Anonymous]

This went pending in just 2 days.

https://www.realtor.com/realestateandhomes-detail/238-10th-St-SE_Washington_DC_20003_M63486-96287?ex=2947591446

[Anonymous]

Another one contingent in 3 days.

https://www.realtor.com/realestateandhomes-detail/709-7th-St-SE_Washington_DC_20003_M59898-25260?ex=2947543325

[Anonymous]

Anonymous wrote:

Anonymous wrote:We love this block of houses on the 13th St NE block, just south of H St. This one just hit the market and seems on the lower end price-wise, compared to others of this size/location:

https://www.redfin.com/DC/Washington/718-13th-St-NE-20002/home/9909933

The house that launched a debate on the value of first-floor powder rooms (this one is missing one) has seen two price cuts and is still sitting after 49 days.

The price on this was just reduced for a *third* time.

[Anonymous]

Are homes sitting in this area now? I see a few homes being relisted after price reductions. I would have thought the market would pick up after Labor Day.

[Anonymous]

Anonymous wrote:Are homes sitting in this area now? I see a few homes being relisted after price reductions. I would have thought the market would pick up after Labor Day.

Its a mix, well priced nice homes are still going pending, contingent and under contract at asking within few days, others are taking longer and some sellers who need to move are reducing price or renting out. It all depends on the house and the seller.

[Anonymous]

https://www.realtor.com/realestateandhomes-detail/1716-D-St-SE_Washington_DC_20003_M53731-37071


This one was listed at $929k and closed within four weeks, 11k above asking.

[Anonymous]

https://www.realtor.com/realestateandhomes-detail/917-F-St-NE_Washington_DC_20002_M59204-73341

Listed $950, sold $925

[Anonymous]

https://www.realtor.com/realestateandhomes-detail/807-E-Capitol-St-SE_Washington_DC_20003_M61546-15258

Sold at asking price

[Anonymous]

https://www.realtor.com/realestateandhomes-detail/303-11th-St-NE_Washington_DC_20002_M64502-45979

$21k above asking

[Anonymous]

https://www.realtor.com/realestateandhomes-detail/1342-D-St-NE_Washington_DC_20002_M68089-30676

$26k below asking

[Anonymous]

https://www.realtor.com/realestateandhomes-detail/1722-Independence-Ave-SE-2_Washington_DC_20003_M54059-61516

$21k below asking

[Anonymous]

https://www.realtor.com/realestateandhomes-detail/642-Independence-Ave-SE-Apt-D_Washington_DC_20003_M53089-63192

$31k above asking

[Anonymous]

I don't see a huge change but homes aren't going too high or two low, $10-30k below or above asking, depending on the house and seller's flexibility. Obviously some buyers are fine giving above asking if house meets their needs, others negotiate more and willing to look for deals.

[Anonymous]

Wow I do not like the realtor links. Redfin all the way. Especially when they pull the photos right after the sale -- looking at a sale price without photos is pointless.