Last Week's Biggest Sales
1. PARK SLOPE $1,650,000 113 Garfield Place GMAP (left) When this 3-story brownstone was first a House of the Day in April, it was asking $1,800,000; by July it was asking $1,675,000 and the widget guess on it was $1,399,683. Entered into contract on 8/12/09; closed on 10/30/09; deed recorded on 11/12/09. 2. MILL BASIN…

1. PARK SLOPE $1,650,000
113 Garfield Place GMAP (left)
When this 3-story brownstone was first a House of the Day in April, it was asking $1,800,000; by July it was asking $1,675,000 and the widget guess on it was $1,399,683. Entered into contract on 8/12/09; closed on 10/30/09; deed recorded on 11/12/09.
2. MILL BASIN $1,550,000
2285 East 66th Street GMAP (right)
According to StreetEasy, this 3,840-sf, waterfront house was originally asking $2,499,000 in May. Entered into contract on 9/2/09; closed on 10/15/09; deed recorded on 11/10/09.
3. PROSPECT HEIGHTS $1,549,000
574 Carlton Avenue GMAP
This 3,600-sf, 2-family house was listed for $1,549,000 in May, according to StreetEasy. Entered into contract on 7/30/09; closed on 11/5/09; deed recorded on 11/12/09.
4. SUNSET PARK $1,280,000
737 60th Street GMAP
This is a 3,200-sf, 4-family, according to Property Shark. Entered into contract on 6/9/09; closed on 8/20/09; deed recorded on 11/13/09.
5. BOERUM HILL $1,200,000
423 Atlantic Avenue, #2M GMAP
When this 3-bedroom loft was a Co-op of the Day last December, it was listed for $1,300,000. The price was reduced to $1,250,000 in May. Closed on 10/28/09; deed recorded on 11/13/09.
Garfield Place photo from Property Shark; East 66th Street pic from StreetEasy.
MM is too busy working to be reading this thread, anyway.
And she’ll make sure to tell us how busy she is when she does come post on this thread, tell us she needs to get back to work because of her busy schedule and then continue posting on another thread for 2 more hours. 🙂
But she’s part of the fam.
Pigeon, you have the figure for the April widget. The july widget shows the amount Mr. B posted. So the house beat the April widget by about 7% and the July widget by 18%. Yup, those prices just keep falling and falling and falling.
CG, other than where the house never sold, there have been very few instances of sales where widget was right or higher. None of the extreme bears on this site have come forward with examples of sales under widget. I also wouldn’t call them widget haters, but widget lovers or buyer haters, since they seem to believe that the widget, not actual home sales, is the correct representation of the state of the market. They are really buyer haters, because they view every buy above widget as due to some outlier example of an idiot not knowing the market. Those idiots seem to be about 95% of the market, so they can’t be outliers. I am not at all saying that this is a robust market — it is not. But that doesn’t mean the widget doesn’t skew downward. It’s like Chico Marx once said, “who you gonna believe, me or your own eyes?”
What’s a JHS???
You should come over and register on http://www.asshathill.com
I think wasder said it well about Miss Muffett. But I also agree that she tends to sound like a broken record. [Ducks for cover]
“And I am not done investigating you.”
WTF?!?!?! This is creepy.
>>Now please stop referencing me.
I won’t! I shall not! Bite me! LMAO!
“Did I cross the line?”
Did I not suggest that you take it to the OT, BD? Did you not follow the arrows I laid out for you pointing the way there? Inappropriate for this thread, perhaps, but still funny.
DIBS, I miss the What. I really do…. 🙁 And I am not done investigating you. Btw, how do you like living across the street from a JHS??? :-0
Brokedeveloper, the cat talk needs to stay in the OT.