The real estate near the H St corridor is HOT!
We closed on 1357 Emerald St last week, and are thrilled to finally share the details of this sale. We listed the home for $599k in September knowing that the neighborhood sales were between $599-$630K. Sales in this range were strong, so we knew we were in the ballpark.
After making the home active, we had an over whelming amount of buyers interested in the property. We had over 25 showings the first week, in addition to over 60 groups through our open houses that weekend. It was no surprise that we were expecting multiple offers, and true to our expectations, we received 5 offers on this lovely home.
The winning contract was for $669,500! Which is almost $70K OVER our list price! We were elated and our sellers couldn’t have been more happy for such strong terms. The sellers choice wasn’t just based on price, but favorable contingency terms. Now that this home is closed, this is a new benchmark for the Emerald Street sales! And there are still plenty of buyers out looking.
If you have questions about the market in your neighborhood, or DC please contact us for more details.