Cleveland Park Condos (April 25, 2012)


A view of the nice galley kitchen of this newly listed condo

What’s it take to own property in Cleveland Park? For many young professionals this means taking a look at the condo market along Connecticut Ave. Regularly, we will be looking at the price level of condos available in Cleveland Park. Our survey area will be all condos for sale with a Connecticut Avenue address from Macomb to Tilden.

Not much movement this week.  Another 2-bedroom was added, though it is likely overpriced.  A few others realized as much about their listed as we saw two of the eleven condos on last week drop prices closer to market value.

Total properties: 12

Median days on the market: 39

Total 1BR/studio: 7

1BR/studio price range: $154,000-$409,000

Median 1BR price: $285,000

Total 2BR: 5

2BR price range: $445,000-$679,000

New property spotlight:
3901 Connecticut Ave, Apt 104
2 bedrooms, 2 bathrooms
652 square feet
Custom closets

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