April 17, 2006

Four Paper Cuts

Perhaps a new record (and trend?): four price reductions over two months.

Part of a newly formed four unit TIC, 1106 Shotwell Street first hit the market almost five months ago on 11/21/05. Unit A was originally listed at $360,000 and was reduced to $349,000 in January; to $339,000 in February; to $325,000 at the beginning of March; and then to $299,000 on March 17th. As of today, it’s still available.

∙ Listing: 1106 Shotwell Street #A - $299,000 [MLS]

First Published: April 17, 2006 10:10 AM

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