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

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[quote=Anonymous]Hello. It's your friendly DCUM Real Estate forum poster who likes to scour the sub-million listings in the greater Capitol Hill area. In recent weeks we've seen properties at this price point go under contract within a day or two of listing. Thus, I decided to focus today's post on homes that have been on the market for weeks. Given the scarcity of inventory in the $700k-$850k range, I wonder why these linger. Are they priced appropriately?

$800k, on market for 16 days : https://www.redfin.com/DC/Washington/915-4th-St-NE-20002/home/9894997

$800k, on market for 22 days: https://www.redfin.com/DC/Washington/301-K-St-NE-20002/unit-1/home/60397344

$850k, on market for 22 days : https://www.redfin.com/DC/Washington/23-6th-St-NE-20002/home/9899781

$735k, on market for 34 days: https://www.redfin.com/DC/Washington/8-Browns-Ct-SE-20003/home/9900042

$770k, on market for 35 days: https://www.redfin.com/DC/Washington/232-15th-St-NE-20002/home/9916632

$725k, on market for a whopping 83 days: https://www.redfin.com/DC/Washington/15-Gessford-Ct-SE-20003/home/9908945

$775k, only on market for one day ... which way will it go? : https://www.redfin.com/DC/Washington/808-I-St-NE-20002/home/9902295[/quote]

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