WASHINGTON, DC—DC's condo market is showing all the signs of arecovery but until more supply enters the pipeline it will bedifficult to measure its true health.

The latest example is Otis condominiums,located off Georgia Avenue in the Columbia Heightsneighborhood. Marketed by Urban Pace, the 27 unitssold to young professionals drawn to this revitalized part of townand its night life.

Pricing starting in the high $200,000s also helped as they madethe equation of buying versus renting in the District moremanageable.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.