878-president-021811.jpgWe swooned over 878 President Street when it was a House of the Day last month because of its good bones and historical details. The asking price was $3,139,000 and commenters seemed mixed on whether the house would sell for that much. A reader just tipped us off that it has already gone into contract after 33 days on the market. If it went that quickly, we can’t imagine the price went too far south…
House of the Day: 878 President Street [Brownstoner] GMAP


What's Your Take? Leave a Comment

Leave a Reply

  1. It looks like you folks are too busy on the blog to realize that this is no longer 2008 or 2009. That there are not too many beautiful brownstones, in any condition for sale right now. whatever comes on, seems to be getting snapped up pretty quick and from the reports on this blog stuff seems to be going for the ask or near to it if not over by alot! So i say, wake up, stop dreaming that the prices should be lower and lower, they aren’t and its pretty likely they are going in the opposite direction now. it’s 2011 folks not 2009.

  2. 56 Middagh, in North Brooklyn Heights, was another swooned over HotD that just went into contract. That one took twice as long, 66 days, but I still think its impressive.

    Worth noting they listed mid-December; I would think the last two weeks of any calendar year has to a terrible time to sell. 4% chop after week 4, then went into contract 5 weeks later.

    12/15/2010
    Listed by Brown Harris Stevens at $3,600,000.
    01/13/2011
    Price decreased by 4% to $3,450,000.
    02/19/2011
    Listing entered contract.