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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This one SHOULD FLY OFF THE HANDLE:

https://www.zillow.com/homedetails/402-G-St-NE-Washington-DC-20002/415407_zpid/[/quote]
[b]This one is still on the market,[/b] with an open house set for this weekend.  It's only been 9 days, but hot houses were selling by the first weekend not that long ago.  Maybe this house isn't as aggressively priced as some think, or maybe the market is cooling down.  Or maybe everyone was too busy watching election drama to look at houses last week.   I wonder if we'll see a price adjustment if it doesn't get any offers this weekend.
[/quote]
Chuckling at the bolded. If memory serves this is the same house that several DCUM posters talked up (especially in comparison to the one two blocks East that is now under contract). I guess the agent's guerilla marketing campaign wasn't that successful, huh?[/quote]
Almost two weeks later, it’s still on the market.  The sellers seem to be trying a strategy of holding an opening house every weekend instead of dropping the price.  [/quote]

Yup, just poorly priced. Once you are over 850-900, people are going to be underwhelmed by that main floor. It looks tight, the kitchen is updated but not beautiful, the entry is particularly sad... I guarantee that nearly everyone who has walked through that place has muttered "This is going for nearly a million dollars?" to their spouse or realtor.

Absolutely nothing wrong with the house. Just not a 919k house, regardless of location.[/quote]
This finally went pending late last year and closed yesterday for $882,500.[/quote]

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