19th Street Townhouses *Update 5*

I featured the 4 new townhouses at 851 19th just a couple posts ago.

For the final update on this building, we have unit #3 which just sold.

#3 Listing History: 8/5/09 - $1,295,000

SOLD: 7/12/10 - $1,260,000

The most interesting thing that I would note on this sale is that #2 which had the same square footage and number of beds and baths actually sold for LESS than what #3 just got. #2 sold back on 4/29 for $1,245,000. So that means that someone actually paid up to get the last unit in the building. This is the start of an epic bull market. Prices are rising, and you need to buy now or be priced out forever.

Ok, I'm kidding about that. But we've got to tip our hats to the developer for getting pretty close to list price on all 4 of these units and actually selling them, unlike so many others who have pussyfooted around and now have a bunch of high end townhouse rentals to worry about.