When a five-bedroom house in Chevy Chase, Maryland went under contract in May, news of the sale reverberated throughout the local real estate community for one reason: The house sold for more than $1 million more than it was originally listed for.
The renovated house in historic Chevy Chase Village was listed for $3.495 million in April, and went under contract roughly one month later for $4.54 million.
As remarkable as a residential sale in the D.C. market going seven figures over list price, it was actually one of two residential sales that sold for more than $1 million more than original list.
The other was a 94-acre estate on Snickersville Pike in Purcellville, Virginia. Originally listed for $4.3 million, it sold in May for $5.35 million.
Click here to read the rest of the article written by Jeff Clabaugh over at WTOP
