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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]A few nice 3bds under $1m for my H ST/Cap Hill NE folks.  Anyone see these?  Will these all escalate?

3BR/2.5BA, 1614sf, $950,000:
https://www.redfin.com/DC/Washington/504-D-St-NE-20002/home/9896989

3BR/2BA, 1740sf, $960,000:
https://www.redfin.com/DC/Washington/704-12th-St-NE-20002/home/9907994

3BR/2.5BA, 1512sf, $925,000:
https://www.redfin.com/DC/Washington/722-4th-St-NE-20002/home/9892570

3BR/2.5BA, 1278sf, $968,500
https://www.redfin.com/DC/Washington/1231-I-St-NE-20002/home/9909755
[/quote]
Checking in a couple of weeks later, 504 D and 1231 I are pending.  704 12th is off market after the previous price change, and 722 4th is still active.

I'm a little surprised. I thought 1231 I was overpriced for only 1278 sf (clearly I was wrong about that).  And while it still seems ridiculous to me that a 1500-1700 sf rowhouse could go for nearly a million dollars, that doesn't seem far off the going rate.  I don't want to start an argument about whether the market is cooling, but...is the Capitol Hill market cooling?  Or do these two houses just have problems that aren't obvious from the listings?[/quote]

Definitely interesting.  I thought 722 4th would go quickly - it needs updates but that seems like a very good price for that size/location/with parking.  Anyone see it? Maybe it looks a lot worse in person[/quote]

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