Residential Sales in Brooklyn
CLINTON HILL $1,600,000 298 Washington Avenue 1870s 4-story, 2-family brownstone; 20-by-100-ft. lot; listed at $1,695,000. Time on market: 1 week. Broker: Corcoran Group. 298 Washington Avenue [Corcoran] HOTD: Another Washington Avenue Classic [Brownstoner] FISKE TERRACE $932,000 1904 Glenwood Road 102-year-old wood 2-family; needs work; duplex: 2 bedrooms, 1.5 baths, office, foreplace; other unit: 2 bedrooms,…
CLINTON HILL $1,600,000
298 Washington Avenue
1870s 4-story, 2-family brownstone; 20-by-100-ft. lot; listed at $1,695,000. Time on market: 1 week. Broker: Corcoran Group.
298 Washington Avenue [Corcoran]
HOTD: Another Washington Avenue Classic [Brownstoner]
FISKE TERRACE $932,000
1904 Glenwood Road
102-year-old wood 2-family; needs work; duplex: 2 bedrooms, 1.5 baths, office, foreplace; other unit: 2 bedrooms, 1 bath; 50-by-100-ft. lot; taxes $4,116; listed at $999,000. Broker: Brooklyn Properties of 7th Avenue.
Residential Sales [NY Times]
“Hot air” that pretty much sum up all of this thread.
I also saw the house. This was in August and again in September so there is no way it was physically on the market from initial to ‘contract signed’ for 1 week. William seems too defensive for someone filled with hot air.
thank you west now I understand the way real estate works. NOT~
I’m pretty sure that one didn’t lower its price but rather had a deal fall through and then it went back on the market. 4:43 is exactly right btw. That was how a broker explained it to me.
they use last listing price to contract signed. so if you listed this at 2mm in 1986 and then lowered it to 1.695mm in Nov 2006 and contract signed a week later, it would be “one week on the market” even tho it had been on the market for 20 years
To reiterate, time on market measures when the contract was signed, not when the deal closed.
Congratulations to the couple who purchased this house. It was probably the best listing and value for months. Also, congratuations to Minsky who knew what he was doing in selling it.
On the market means how long it was listed before someone bought it. Angry angry bloggers, just take a deap breath. 🙂
william
how much do you want to bet that is not the case 🙂