Thursday, October 18, 2007

Data uploaded

I've uploaded data for residential sales the District recorded in August to DCHomePrices.com and DCCondoPrices.com; it's available for viewing now. I've also completed the data analysis, should be able to get that posted by tomorrow evening.

8 comments:

Anonymous said...

Keith-

Great blog, very interesting to read about the housing market in DC. One question: do you know how the PN Hoffman development on 14th and V (Union Row) is shaping out in terms of sales? The prices seem very steep considering the size of the development and the current state the market is in. Maybe I'm just cheap.

Anonymous said...

Well, given the rate of "re-partments" and condo anti-conversions, I would bet not great on any but the cheapest one bedroom units. It seems like the developers are holding prices out of spite at this point,

Anonymous said...

I agree. would love to see an analysis of the "latest and greatest" condos...like Union Row and the Metropole. Last I looked, Metropole was only 48% sold (2 years into sales?!) Wow.

Anonymous said...

I think you are smart. PN Hoffman may go belly up. It is just a question of time

Keith said...

If a building isn't "delivering", i.e., closing sales on units, I don't have insight into its sales. For example, until Metropole has been completed, I have no information I can share.

I'd not heard that Metropole pre-sales were that low. Things sure looked better back when they were tearing down the Duron Paint building.

jerry said...

Yes, fantastic blog. This market is so difficult to figure out right now. Your analysis is as helpful as I've seen. Wish I could buy you a beer and pick your mind. Keep up the good work.

Keith said...

I've never turned down a free drink...

jerry said...

Ok then. Beer is on me. youstreet@gmail.com