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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Is it one of these? All $850k, all started at or around $875k, all on the market for 60+ days.

https://www.redfin.com/DC/Washington/73-P-St-NW-20001/home/9888364

https://www.redfin.com/DC/Washington/2841-Chancellors-Way-NE-20017/home/52329937

https://www.redfin.com/DC/Washington/1716-M-St-NE-20002/home/10109847

In any case, the days of people overpaying for a shared-walls house that's inbounds for an underperforming DCPS school in an area with elevated crime and in an amenities-lacking neighborhood are long over, and your realtor should have told you that. Northeast, in particular, is a really tough place to sell right now:

https://x.com/AdvisorJohn/status/1852490924590247976
[/quote]
17th and M for $850k is WILDLY overpriced. Holy cow. The crime over there has ALWAYS been bad. Oh lord. $850k!!!!  [/quote]

That whole area east of Bladensburg and north of Benning is overpriced right now because the Trinidad market has shot up and priced people out. I've even started seeing places that are CLEARLY in Carver-Langston listed as "Trinidad" on Redfin. But that one is still listed high. I have seen places over there going for 750k or even 800k if it's a really nice house and it's totally updated and on the bigger side. A similar home in Trinidad now sells for around a million so that's actually a decent price but yes it's hard to imagine paying it give the issues along Bladensburg and Benning.

If they could do something productive with the shopping center at the starburst, I do think this area will explode though. So who knows maybe it's all going to pay off. I remain shocked by where prices have gone in places like Hill East and Brookland so I am obviously not an authority on which neighborhoods are a good buy. I got lucky with a house in Trinidad when it was still a really rough neighborhood and it's crazy to me what I now see neighbors selling for.[/quote]

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