You may recall the two units we profiled in 2760 Sacramento. Unit #11 first hit the market at $795,000 (and was subsequently reduced to $755,000) while unit #9 hit the market for $769,000. According to a tipster, here’s how it played out:
#11 sat forever…they dropped the price…got 4 multiple offers…rumored to have gone back in contract for their original list price. Then the buyer got remorse so it fell out.
Simultaneously #9 – same floor plan better kitchen and some city views comes on – 24 disclosure packages go out voila $859k sales price.
Meantime #11 gets back in contract and just closed for $749k. Honestly the views weren’t that great.
Our take: competitive bidding still gets the best
of people results, and views continue to command a premium. And at the very least, we’re still calling it troublesome for the buyers of unit #3 who paid $827,000 last November, don’t have parking, and are located two floors directly below #11.
∙ But Isn’t The Median Sales Price Up? [SocketSite]
∙ Yet Another Data Point At 2760 Sacramento [SocketSite]