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Reply to "Are these H St. NE / Capitol Hill houses priced appropriately?"
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[quote=Anonymous]With so many houses getting multiple offers and regularly going for more than asking within days of listing, it's easy to forget that not everything sells quickly. Here are a few in and around Capitol Hill that have been on the market for at least 45 days (I put the original asking price in parentheses). Any thoughts on these houses? Any other interesting ones I missed? $599,000 ($629,000), 2BR/1.5BA, 840 sf, 92 days Not sure what's going on here, except that the corner of 4th & L NE may not be a prime location. It's tiny, but the pricing isn't awful for a condo alternative. https://www.redfin.com/DC/Washington/333-L-St-NE-20002/home/9892449 $810,000 ($995,900), 4BR/2BA, 1587 sf, 120 days First listed in May at $995,000, this one had a sale fall through in July. It's had monthly price drops (and a price increase on 9/9 before a "drop" back to its previous price two days later). It's in severe need of updating, but that alone probably wasn't enough to make a sale fall through, so I wonder what else is wrong. https://www.redfin.com/DC/Washington/403-9th-St-NE-20002/home/9904200 $879,000 ($915,000), 4BR/2.5BA, 1616 sf, 50 days I don't see anything obviously wrong with this one, except that the house next to it seems to be growing moss on the front. https://www.redfin.com/DC/Washington/1334-E-St-NE-20002/home/9912809 $949,950 ($999,950), 3BR/2BA, 1514 sf, 72 days Ugh! That stupid Home Depot door. Close to the Whole Foods on H. Too close? Last price cut was 8/21. https://www.redfin.com/DC/Washington/726-6th-St-NE-20002/home/9896671 $985,000 ($985,000), 3BR/2BA, 1676 sf, 66 days The listing says "Back on Market! Buyers financing fell through." It was listed 7/23, went pending two days later, then came back on the market on 8/14. https://www.redfin.com/DC/Washington/310-9th-St-NE-20002/home/9902863 $1,049,000 ($1,249,000), 4BR/3.5BA, 1582 sf, 52 days The sellers have been aggressively adjusting the price on this one, with a $200,000 drop in asking price since it was listed on 8/6. The $100k price cut this week will probably be enough to move it soon, IMO. https://www.redfin.com/DC/Washington/649-Morris-Pl-NE-20002/home/9898629 $1,049,000 ($1,199,000), 4BR/3.5BA, 1782 sf, 248 days (!) I'm not sure whether this one is still for sale. Zillow shows that it was offered for rent at $4500 on 9/24, then the rental listing removed on 9/25. The last price drop on the sale listing was on 7/20. https://www.redfin.com/DC/Washington/121-15th-St-SE-20003/home/9917452 $1,070,000 ($1,070,000), 3BR/3.5BA, 1878 sf, 78 days I'm a little surprised this one hasn't sold yet. It's very much not my style (I like Victorians that still look like Victorians), but it's not objectively awful. That barn door in the living room might be turning people off? https://www.redfin.com/DC/Washington/704-G-St-NE-20002/home/9901112 [/quote]
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