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Reply to "DC Housing Prices drop beginning "
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[quote=Anonymous][quote]Just be patient; the drop is coming. We are already seeing it in Arlington as the Amazon binge cools off. Houses in Pentagon City and Del Ray are selling for 10% less than they would have otherwise - check out sale prices in the last week in both neighborhoods compared to 6 weeks ago.[/quote] I think you might be correct for certain sub-markets within Arlington, like the >$1.2 sub-market. However, I don't think this is true in general for ALL houses. For example, I can tell you which sub-market certainly has NOT cooled off: single family homes with 3BR+, 1.5BA+, 1750 sq ft+, 6500 sq ft lots+ under $1 million. Any house near DC that is in decent condition and doesn't have obvious issues (next to a cemetery) gets taken off the market within 5 days.[/quote]
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