There have been 125 homes that have sold or gone under contract since Jan. 1, 2007! Here is the rundown for the last week:
-233 86th St-asking $1,599,000, sold price $1,400,000 GREAT DEAL!!!
-205 50th St.- asking $725,000, sold price $705,000
-125 58th St.-asking $819,000, sold price $800,000
-85th & Landis-asking $899,000, sold price $720,000 GREAT DEAL!!!
-340 47th Pl-asking $1,195,000, sold price $1,122,500
All were new construction, and the average reduction in asking price was approximately 9%. 85th & Landis coming down approx. 20% is not a true picture of what is happening in the market though.
