The Property is under contract, the latest price drop was a day before the status changed, it's third contract since it was listed. Currently it isn't available.
Only 10% or so of short sales that go under contract ever close,usually you have to wait 6 months or more to get an answer from the sellers lender (which is usually not a positive response), and if it is approved by the lender, then an appraisal is ordered by them to determine market value, and that becomes the approved sales price. Values are increasing in the DC area, so that means the short sale price you and the seller agreed to will probably not be the final approved price, but it will be something higher. A low listing price will entice a buyer, but buyers need to be aware that the final price will usually always be higher than their contract price.....and that's one of the many reasons that short sales fall through.