ONE IN SIX

Exactly how many units at the Radius Condo, which just opened last year, are actually on the market in DC?

Of the 170 in the building at 1300 N St. NW in Logan Circle, ZipRealty shows 11 listed on the MLS. Craigslist has 12 listed for sale (many with open houses), plus one rental. This one has been on the market for 79 days. In total, one in six units in the building are for sale.

With so many other condos on the block that have just finished construction, i.e. the Rutherford with 59 units at 13 & M Sts., and beginning the marketing process, i.e. Fennessy Lofts, one has to wonder what's going to happen to those flippers at the Radius.

Anybody feel sorry them?

PROPERTY INVENTORY: ZipRealty lists 2546 properites for sale in DC, as of March 25.

pix from ziprealty