Wednesday, September 13, 2006

Quincy Court Condos

The Quincy Court Condos (1117 10th Street NW) closed in late Spring 2006. Through July, five units have been flipped, most recently units 304 ($67,000 nominal profit within 75 days) and 310 ($64,000 nominal profit within 74 days). Unit 1004, purchased for $629,050 in May, is being advertised on craigslist for $724,990.

The building was reported to have 146 units, but DC sales records show that only 119 units have closed through July.

The block this condominium is on has the distinction of having the most housing units sold in DC in 2006 (to date).

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