Articles Filed Under: RealRecentReductions

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RealRecentReductions: 1914 Greenwich Street

RealRecentReductions: 1914 Greenwich Street

“Reduced $155K – Look Again” the listing begs (that’s a discount of 6.6% on a new listing price of $2.195m). The house is in a great location, and it’s spacious, but it still needs a lot of updating (just take a look at the kitchen). And only one parking... Read More »

Inconceivable!

The listing for 66 Cleary Court #708 reminds us of that immortal quote from Inigo Montoya in The Princess Bride: “You keep using that word. I do not think it means what you think it means.” This listing touts a “$24K drastic price reduction!” on a listing price of... Read More »

2967 Pine Street: New Broker, New Price

2967 Pine Street: New Broker, New Price

It might be listed as “On Tour as New”, but we know better. 2967 Pine Street is back on the market with a new broker and a new price. Apparently Sotheby’s has been kicked to the curb (the property is now listed with Brown & Co.), and the price... Read More »

Those Damn Neighbors

Those Damn Neighbors

The listing price for the two bedroom house at 2401 Vallejo has been reduced $230,000 (to $1.99m). The property had been sitting on the market at $2.25m when their next-door neighbors put their more modern house on the market for $1.95m. Those damn comps (and neighbors). ∙ Listing: 2401... Read More »

You Can Relist, But You Can’t Hide

It’s a dirty little secret of the real estate trade: relist (or in this case, change agents) in order to obscure a dramatic price reduction for a property. And it probably worked a lot better before SocketSite (and our readers) joined in the fun. From a reader’s tip: “240... Read More »