Wednesday, November 21, 2007

Bon Jour de Grace

Despite their best efforts, ni cheminots ni professeurs ni fonctionnaires going on strike will stop me from catching my Air France flight to Frankfurt Wednesday night for Thanksgiving dinner in Wiesbaden. I'm just glad I didn't leave Tuesday.

I'll be back the first week of December, raring to go to analyze September's sales in the District and create more heat maps, although mine aren't nearly as neat as these [Firefox required]. At least not yet.

Have a great Thanksgiving.

8 comments:

John said...

FYI, more fun accidental apartments. First Senate Square. Now we have Highland Park and McGill Row.

Anonymous said...

What do you know about the beauregard sales at 11th and V in the U Street area?

Keith said...

According to the city's databases, 21 of 44 units at the Beauregard have closed through today.

John said...

Heh...sounds like the Beauregard is on track to become an acccidental apartment building as well. They only appear to have sold the cheapest units, if your numbers are correct. 50% sold, only the cheapest, etc...

Anonymous said...

Here is another bit of information that may be useful: historical information on prices per square foot in Manhattan from 1997 to 2006. It's interesting that prices have skyrocketed there, which is historically the most pricey market around. Given the bonuses this year, it will continue to be very, very expensive. I am still trying to find info on DC but know that it has historically been a fraction of what it is in Manhattan.

http://www.millersamuel.com/reports/pdf-reports/MMR06.pdf

Also in Toronto, prices are about $375/square foot.

http://www.simplycondos.com/articles/throughtheroof.htm

CondoCritic

Keith said...

Re: the Beauregard, the data doesn't bear out your assumption. Of the units that have closed, prices range from $382,000 to $1,130,800.

* Three units have sold for more than $1M.
* Three have sold for less than $500,000.
* The remainder sold for prices ranging from $524,000 to $890,000

John said...

Wow, bad on me then for the assumption. I went to the last big McWilliams/Ballard thing, and all everyone had left was a ton of 2brs and larger for outrageous prices. It seemed like every building sold their cheapest units and that was about it.

Anonymous said...

Actually another PH unit just sold. there's only one left. In fact, there are only a few units avaiable above the 2nd floor. Sales are far above 50%. there may be 1 or 2 units in the bottom floors left. If you could see the garage, it's almost full.