Sales in the Kalorama market remained flat at five homes sold over the last 30 days, while the number of sellers reducing their list prices reached two, which continues an established upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price of all transactions in Kalorama did not budge this week, remaining at $575,000. With only three months of inventory to sell, Kalorama is a seller's market, in spite of the flat sales.
Looking to get the most out of your money? Check out these bargain listings in Kalorama that recently had price cuts:
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