Status
Address
Beds Structure
Date
Price
Sq Ft
DECLINING MARKET Washington D.C. 2
ACT ACT ACT ACT ACT ACT ACT ACT
1505 Neal St. NE #2 1505 Neal St. NE #1 1503 Neal St. NE #1 1263 Owen PI NE #1 1230 Queen St NE #2 1121 Queen St NE #2 1261 Owen Pl NE #2 1611 Levis St NE #1
3 Unit/Flat/Apt 3 Unit/Flat/Apt 3 Unit/Flat/Apt
8/6/21 $995,000 2,200 8/6/21 $899,000 2,100 8/6/21 $899.000 2,100
3 Unit/Flat/Apt 6/22/21 $664,000 1,284 3 Unit/Flat/Apt 6/10/21 $649,000 750
These are one-level condos in the Trin- idad section of Washington D.C. Notice the number of Pending or U/C units. If you answered 0, you would be correct. What this means is that there are very few buyers looking to buy one-level con- dos right now in Trinidad. These sellers will have to drop prices to lure in poten- tial buyers. This is the very opposite of a HOT market! We saw this consistently in the market crash of late 2008 to 2009.
2 Unit/Flat/Apt
6/8/21 $350,000 678
3 Unit/Flat/Apt 5/22/21 $719.000 1,100
3 Unit/Flat/Apt 2 Unit/Flat/Apt
Ll/?n/?1
$582.500 600
CLS 1330 Montello Ave NE #2 CLS 1273 Simms Place NE #2 CLS 1023 16th NE #A CLS 1023 16th St NE #B CLS 1273 Simms Place NE #1 CLS 1120 Penn St NE #4 CLS 1120 Penn St NE #2 CLS 1120 Penn St NE #3 CLS 1120 Penn St NE #1
8/2/21 $835,000 1,522
3 Unit/Flat/Apt 7/19/21 $540,000 1,192
2 Unit/Flat/Apt
6/4/21 $585,000 1,229
2 Unit/Flat/Apt 6/10/21 $600,000 1,229
3 Unit/Flat/Apt
7/7/21 $552,000 1,171
2 Unit/Flat/Apt 6/25/21 $620,000 1,349 2 Unit/Flat/Apt 6/15/21 $530,000 942 2 Unit/Flat/Apt 6/15/21 $615,000 1,349 2 Unit/Flat/Apt 6/18/21 $520,000 942
Status
Address
Beds Structure
Date
Price
Sq Ft
INCREASING MARKET Fairfax Station, VA
3
C/S
6108 Emmett Guards Ct
4 Detached 9/17/21 $884,900 1,944
A/C 10610 Winslow Dr
5 Detached 8/23/21 $999,900 3,401
A/C 6113 Union Camp Dr 4 Detac1ec
8/20/21 $884,000 2,497
When analyzing properties in this current marketplace, you need to have the tools to determine what type of marketplace it is at the subdevel- opment. The market could be heading up, down, or flat depending on where you are in the DMV. This can save you TONS of money in your fix/flip busi - ness or wholesaling business. • This is a total opposite of a declining market (what we have been experi- encing the last year). This subdevel- opment is Fairfax Station in Fairfax Station, VA. If you are unfamiliar with Fairfax Station it is a collection of large single-family houses on large lots. One thing to notice is that there is not one ACTIVE listing. This is what makes it a upticking marketplace. More buyers than sellers!
PND 4 Detached 8/14/21 $1,050,000 4,460 CLS 6203 Simpson Patent Ct 4 Detached 8/12/21 $875,000 2,410 CLS 10603 Winslow Dr 4 Detached 7/19/21 $946,000 2,584 CLS 1202 Robert Carter Rd 4 Detached 8/13/21 $880,000 2,799 CLS 11619 Havenner Rd 4 Detached 7 /21 /21 $865,000 2,131 CLS 11501 Yates Ford Rd 5 Detached 7/30/21 $850,000 2,426 CLS 5718 Jonathan Mitche Rd 4 Detached 8/17/21 $850,000 2,379 CLS 11663 Havenner Rd 5 Detached 7/5/21 $910,427 2,767 6430 Ox Rd
Charlie Einsmann has 25 years of real estate experience, is a licensed real estate agent in VA, and jointly owns holding company Clear Sky Properties LLC (CSP) for residential rental properties that are acquired, resold, or retained in portfolio. CSP has done over 350 renovations/flips and owns 50 residential rentals and some commercial properties. In 2013, Einsmann launched a jointly owned subsidiary of Clear Sky Properties, LLC called Clear Sky Financial (CSF), a hard money lender that does asset-based lending that has done over $150 million in loan volume to date.
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