October 31, 2007

Bumpity Bump Bump

A few weeks ago we took a look at the double bump – houses that had seen two price reductions (something unheard of a year ago), but sadly the market’s showing us that there are far worse things than a double bump.  It’s the bumpity bump bump, when the house has been on the market for so long the price is reduced multiple times.  That said let’s look at some of those that have come up frequently in the reduction (and sometimes the price raise) sheet in the last few months.

15 Skycrest (MV)
5 beds / 3 baths
3,200 Sq Ft
8.10.07 -  $1,175,000
8.11.07 -  $1,170,000
8.20.07 -  $1,150,000
8.24.07 -  $1,145,000
9.7.07 -    $1,125,000
9.14.07 -  $1,100,000
10.10.07- $1,075,000
10.29.07- $1,050,000

28722 Bolanos
4 beds /3 baths
1,886 Sq Ft
8.16.07 -  $639,500
9.2.07   -  $599,900
10.5.07 -  $589,900
10.28.07- $564,900

26451 Via Juanita
3 beds / 2 baths
2,200 Sq Ft
8.10.07 -  $695,000
8.11.07 -  $689,000
8.31.07-   $695,000 (you read it right)
9.15.07-   $685,000
9.22.07-   $680,000
10.19.07- $669,900
10.25.07- $669,000
10.28.07- $709,000 (once again….) 


  • Brian
    Yeah it is so weird, I have seen the same house reduced in the same update, oh boy, we are living in crazy times.
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