set speed aka onehansonplace.com

10/28/2008

Greene House unit 3S drops further

Chop off another $20K off the list price of this 800 square foot 2 bed, 2 bath with 800 square foot terrace.

This unit started out at $825K, moved to another broker for $829K, dropped to $775K to $719K and now to $699K. I'm still perplexed why this one hasn't sold yet...What's the market-clearing price on this one?

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4 Comments:

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At January 19, 2009 2:09 AM, Anonymous Toronto Lofts said...

"I'm a real estate attorney, and I knew that the market was soft," she said Friday. That's why she set her asking price at what another townhouse in her development fetched a year earlier.Even so, agents weren't even looking at the listing online, said Erin Goodwin, Jamie's sister and an agent with Re/Max Mutual Realty. "We listed in October, and I think maybe there's 23 clicks."Sitting in a townhouse he was trying to sell last month, Windermere Real Estate agent Alex Eckardt said he'd seen a fair amount of traffic since listing the home about a month earlier, but no offers."Six months ago this would have sold in the first week," he said.More and more, homes of all types in Seattle are chasing a buyer pool that has become smaller and more cautious over the past year. But real estate agents and sales statistics show that the slowdown in townhouse sales has brought price cuts out of proportion with the rest of the market...

 
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