Over half of DC listings have dropped their price - Top Listings This Week - Price Drops
Despite many sellers sitting on the sidelines and new listings declining, current inventory is expanding as the weekly number of new contracts also declines. This is music to buyers' ears, bringing price drops to over half of current listings. Here are our top picks for this week in DC:
1334 Belmont St NW #201 | Adams Morgan/U St/Columbia Heights
2 bed, 2 bath condo with low fees, windows galore and monument views. $724,900 down to $700,000
5003 7th Pl NW | Petworth
4 bed 3.5 bath beautifully renovated rowhome with 2 parking spaces and a deck. Dropped from $899,000 to $849,900 and offers 10K seller credit and an assumable mortgage at 2.5%.
114 10th st SE | Capitol Hill
Charming (!!) petit rowhome with garage (former stables) and carriage house in back. 2 blocks to eastern Market. You've got to see the carriage house. Dropped from $957,500 to $899,000.
1429 W St NW #3 | U St Corridor
Spacious, sophisticated 2 bed, 2 bath condo with parking, balcony and private roof deck. Dropped a whole 100K and is now $1,049,000.
2820 Ellicot St NW | Forest Hills
Stunning modern masterpiece featuring a bright open floorplan, 4 bed, 2.5 bath, large decks overlooking lots of green and a 2 car garage. Another 100K drop, now offered at $1,895,000.
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