Saturday, April 14, 2007

Market Update

We are now at 99 homes that have sold since January 1, 2007. Here is the breakdown of what has sold:

229 86th Street, asking $199,900, sold for $182,500
229 86th Street, asking $289,900, sold for $289,900
4402 Park Ave., asking $599,000, sold for $575,000
9205 Pleasure, asking $699,000, sold for $650,000
234 56th Street, asking $725,000, sold for $678,000
230 54th Street, asking 699,000, sold for $690,000
8208 Central Ave., asking $749,000, sold for $700,000
126 66th Street, asking $799,000, sold for $752,500
110 80th Street, asking $829,000, sold for $775,000
24 63rd Street, asking $939,000, sold for $890,000
34 74th Street, asking $1,145,000, sold for $1,050,000

5 of these homes were new construction and the average percentage that these homes reduced from their asking price was 5%.