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[quote=Anonymous][quote=Anonymous]There is very little inventory. Anything that's a SFH under $1m and inside the Beltway is under contract within days. I know multiple sets of DINKs and high income singles who are looking and just can't find anything decent. Even the crap is selling fast. Or, if the SFH is nice, there's six offers.

[b]Condos are a different story. I know multiple people trying to selling their condos in DC and are seeing no interest. [/b]These same people wanted to take their equity and roll it into a SFH (for which there is no inventory!)

The system has come to a screeching halt. Bad for condo owners, bad for agents, bad for people who want to upgrade. Great for SFH owners who want to sell and then are willing to downsize or leave DC completely.

[/quote]

Its very different in my neighborhood. Maybe it depends on what you moved into the community for. The main draw EOTP is amenities. The main draw WOTP is schools.

In fact, I'm seeing very expensive condos that were lingering on the market now selling. Here's a $1.15M 2 bedroom in Dupont Circle that didn't sell in 2019, now getting snatched off the market in 2020.

https://www.redfin.com/DC/Washington/1624-18th-St-NW-20009/unit-C/home/10185195

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