DC Condo Foreclosure Roundup
Posted by Mark Washburn on Friday, February 12, 2010 at 7:22:42 PM
By Mark Washburn / February 12, 2010
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The inventory of DC condo foreclosures is a bit light right now, but there are a couple of interesting options on the market in newer upscale developments.
Alta at Thomas Circle - 1133 14th St NW #403. 1 BR/ 1BA. Asking price of $245,000 / $432 SF. This asking price of $432 SF does represent an 18.7% discount off an Alta foreclosure unit that sold on 01/22/10 for $532 SF. This asking price is a slight premium over a short sale listing that is now under agreement with an asking price of $422 SF.
Alta at Thomas Circle - 1133 14th St NW #403. 1 BR/ 1BA. Asking price of $245,000 / $432 SF. This asking price of $432 SF does represent an 18.7% discount off an Alta foreclosure unit that sold on 01/22/10 for $532 SF. This asking price is a slight premium over a short sale listing that is now under agreement with an asking price of $422 SF.
Lofts 11 - 1125 11th St NW #101 in Logan Circle. 2BR / 2BA. Asking price of $639,900 / $449 SF. This asking price represents a 10.7% discount off the other units for sale with an average asking price of $504 SF
Rhapsody - 2120 Vermont Ave NW #22 in the U Street Corridor. 1 BR / 1 BA. Asking price of $259,900 / $423 SF. This asking price represents a 12.6% discount off the average asking price of $484 SF for the two non-foreclosure listings currently for sale at the Rhapsody.
Our DC condo foreclosures page is updated daily with the latest units to come on the market. Please inquire if anything catches your eye.
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