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How much lower than listing price would you bid on a new condo, been on the market for a year?

The development is about 80% sold after about a year.  The area is NW Washington DC.  The list price is around 360,000 for a 1bdroom 1bath 620 sq ft or so.  A similar unit sold in August for about 320,000.  This is a 'new development'
  • December 17 2008 - Washington
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