May home sales

[from Lesley Aranha]

Address   Sold Price / List Price   BR / BA

700 Jefferson St #403   230,000 / 230,000   1 / 1
4002 New Hampshire Ave   300,000 / 295,000    3 / 1
4409 7th Street   444,000 / 459,000    4 / 2
428 Emerson St   557,000 / 559,000    4 / 3.5
700 Jefferson St #105   179,900 / 179,900    1 / 1
5014 4th St   439,900 / 439,900    4 / 2
700 Jefferson St #202   215,000 / 229,000    1 / 1   
512 Buchanan St   584,000 / 584,000    3 / 3.5   
207 Taylor St   499,000 / 499,000    3 / 2   
5124 5th St   427,500 / 427,500    3 / 3.5   
726 Farragut St   365,000 / 389,999    3 / 1.5   
5503 3rd St   520,000 / 534,500    4 / 3.5   
126 Hamilton St   360,000 / 385,000    3 / 1.5   
722 Varnum St   424,000 / 429,622    4 / 2   
14 Farragut Pl   350,000 / 350,000    3 / 2   
4703 Georgia Ave   535,000 / 535,000    5 / 3.5   
5016 North Capitol St   389,999 / 390,000    4 / 2   
841 Ingraham St   427,600 / 415,000    3 / 2.5   
723 Longfellow St #303   179,900 / 179,900    1 / 1   
702 Longfellow St   415,000 /395,000    3 / 1.5+.5   
317 Ingraham St   424,000 / 430,000    3 / 1.5
4223 8th St   415,000 / 424,900    3 / 2.5   
5723 9th St   350,000 / 380,000    4 / 1   
5619 8th St   385,000 / 379,000    4 / 2   
4921 8th St   359,900 / 359,900    3 / 1.5   
901 Varnum St   327,000 / 327,000    6 / 2.5
4113 4th St   385,000 / 385,000    4 / 1.5   
723 Longfellow St #102   221,900 / 209,900    1 / 1   

Comments

[TobyToby]

It seems like housing prices around Petworth have deflated a bit. A few months ago, cute, renovated houses would be priced at almost $500,000 and sell in a matter of days. Some of those people selling had been in our neighborhood for only a short time. Now the prices appear to have gone down a bit and are more realistic. Hopefully, our property tax will not reflect the bubble.

[Marcus]

How are prices holding up in Petworth?

How about sales? Are sales slowing down like other neighborhoods in the city?