The real estate market is picking up, and with inventory tight, when it's priced right (or close to right), the listing moves. But at the high-end of the market, there are some sellers who don't feel compelled to price for the hoi polloi. So instead, these listings take a price hit little by little. Many have been on the market for a long time. Some for a really long time, like more than 460 days. But now that a new spring season is upon us they've all lowered their prices in the hopes of finding a buyer. After the jump is a map of the homes we've looked at before, but now without the ambitious asking prices.
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Spring's Price Choppers Look For Warmer Receptions
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$229,000
This loft coop on Connecticut had its price reduced by $10,000. On the market for a bit over two weeks, it shouldn't be long for someone to find the space and site desirable.
$995,000
Originally almost $1.2M back in December, this two bedroom Woodley Park penthouse unit is now just south of $1M. With more than 1,600 sq.ft. and lots of light, what's not the love?
$1,450,000
460 days and the clock keeps ticking. Originally priced at $2,475,000. Then $1,875,000. Then $1,595,000. Now it's $1.4M. What's next?
$1,790,000
On the market for 48 days, the ask was reduced by $100,000 earlier this year. With five bedrooms and more than 8,000 sq.ft. of NW residence, the place is ready for "immediate occupancy".
$2,495,000
There is more to this house than meets the eye. Located in Massachusetts Heights, this three bedroom modern home was designed by Arthur Keyes. The interior is sparse and sleek but still warm. After dropping its ask by half a million, buyers should be interested.
$3,995,000
More than 140 days and counting. Originally requesting $4,250,000, the English Williamsburg Colonial is now a bit less than $4M. Is it enough to entice a buyer to purchase five acres of Potomac property?
$4,999,995
For $5M, you too can be the happy owner of a B&B in Dupont. The Swann House was originally $6,950,000 one year ago, but the price keeps taking a hit until a new owner will take over this prime property.
$5,500,000
If you measure success by proximity to power, why not have a 40 acre retreat down the street from Camp David? This one has been on and off the market since 2009
$9,200,000
Talk about palatial. How much space will do? Will 13,500 sq.ft. be enough? This may evoke Old World, but it was built in 2000. This has been on and off the market since early 2012.
$14,250,000
Man, oh, man. With a price tag like that, there aren't many buyers who can shell out that dough. And there hasn't been much movement. It was priced at $14.5M back in 2008.
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