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Owned For 60 Years, Sold in Two Days

  • May 7, 2012

by Shilpi Paul

Owned For 60 Years, Sold in Two Days: Figure 1

As an indication of how quickly homes on the market are getting snapped up in DC these days, check out this ivy-covered townhouse in Georgetown.

The two-bedroom listing hit the market on Saturday with only an exterior photo; by Monday morning, it had found a buyer. The home, which had been in the same family for 60 years, sits on Poplar Street not far from Dumbarton Oaks.

The asking price of $495,000 and quiet location (map) appears to have appealed to a buyer undeterred by a phrase that, in a different market, would have stopped house hunters in their tracks: “perfect DIY project.”

See other articles related to: housing market trends, georgetown

This article originally published at http://dc.urbanturf.com/articles/blog/owned_for_60_years_sold_in_two_days/5505

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