September 20, 2007

Price Updates

Changes too hot to handle!

These are some of the price changes from the last two (yes two) days. There are more than I can list but these seemed interesting. Note that, as often happens, there is an increased price. Sometimes this is countered by the seller’s willingness to bargain over some other aspect of the deal.

2925 Clarissa Ct. Lemon Grove:

2925 clarissa ct Price Updates

Great curb appeal in this photo, 1,623 Sq.Ft., 3 bed, 2.5 bath, central air and fireplace. HOA fee $99/mo.

address was now $/sq.ft. comment
2925 Clarissa Ct, LG $460 k $430 k $265 see above, listed 37 days
10235 Madrid Wy #117, SV
$145 k $135 k $? 163 days on mkt. $195/mo HOA fee
7433 Ida St, LG
$470 k $471 k $337 slight increase, Redfin Savings $9,418
3213 Helix, SV $375 k $275 k $185 Big drop! 2bed, 2 ba, 1/3 acre
2313 Highview Ln, SV $540 k $490 k $363 listed for 8 days, Redfin Savings $9,798
2449 Kings View Cir, SV $280 k $250 k $226 see below, 3 beds, 2 bath, 1,104 Sq.Ft.

2449 kings view cir Price Updates

2449 Kings View Cir, Spring Valley

Originally listed at $320,000 and now nearly a year on the market, this is a substantial reduction, yet it remains slightly higher than some similar units nearby. HOA fee isn’t stated and should be considered. You will have to judge the distinctions and whether this is a good deal.

Price adjustments have been going on a while and can be expected in this uncertain market. Economists can’t seem to agree how long it will continue. Note that some of these are old listings and one is quite new. What’s your strategy- do you have more interest in new listings or old ones?

[data from generally reliable sources, please comment on any errors!]


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