Housing Complex: News and Fluff on D.C. Real Estate

Off the Market: 331 6th Street, S.E.

A new feature in which we look at properties that sold in the District in the past week:

331 6th Street S.E. Washington DC (Capitol Hill)

List Date: Dec. 4 2008
Original Listing Price:$999,999
Close Date: Feb. 20, 2009
Final Price: $780,000

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Comments

  1. #1

    The actual start price on this home was $819K. From the MLS history, you can see that 999,999 was put in as the list price for about 1 hour, after which, it was revised to $819K. It was reduced to $799K when it went under contract and sold for $780K, for 95% of the originial list price. Some agents input a number as a “filler” until the agent finished uploading the property. Once completely uploaded, the agreed upon list price is then inserted, but the MLS “records” the filler number as the start listing price.

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