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The Lacey Lowers Prices on Certain Units

  • June 26th 2009

by Will Smith

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There have been a few more price reductions at The Lacey, the new 26-unit development at Florida Avenue and 11th NW (map) in the U Street Corridor. The prices on three units — 102, 105, and 106 — have come down $20,000 each since last month. It also looks like two units — 205 and 303 — have gone under contract in that time. Those units were two of the most affordable in the building, which just reinforces the trend seen everywhere: tight credit and a rough economy mean that the lower end is selling at a much higher velocity than the higher end.

In total, 9 of The Lacey’s 26 units remain. Here’s the latest pricing:

The Lacey Lowers Prices on Certain Units: Figure 1

See other articles related to: dclofts

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/the_lacey_lowers_prices_on_certain_units/1076.

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