Bainbridge Island: Prices Slashed?
Do some recent price reductions seem more like shaving a few token crumbs from a wheel of cheddar cheese with a pocket knife, than truly chunky price cuts?
4 br, 2.5 ba
2,168 sq. ft.
nwmls#27162045
Was $559,000
Now: $545,000
Total Price Reduction: $14,000 (2.5%)
3 br, 2 ba
2,464 sq. ft.
nwmls# 27120211
Was $488,899
Then $475,000
Now $450,000
Total Price Reduction: $38,899 (8%)
3 br, 2.5 ba
nwmls#27125153
Was $877,000 in July
Was $865,000; $845,000
Now $799,000
Total Price Reduction: $78,000 (9%)
Now here’s something a bit more weighty:
3 br, 1 ba
1,025 sq. ft
nwmls# 27080267
Was: $495,000
Then $458,000
Now $445,000
Total Price Reduction: $50,000 (10%)
And another one:
3 br, 2.5 ba
4,752 sq. ft.
nwmls# 27063432
Was $995,000
Now $895,000
Total Price Reduction: $100,000 (10%)
$100,000? Now that’s what I call a price reduction worth the calories.
*all information from sources deemed reliable but not guaranteed.
Marie Hagman said:
And the sellers are probably thinking “who moved my cheese”
October 9, 2007 5:43 PM