House of the Day: 289 Garfield Place
289 Garfield Place was an Open House Pick last month shortly after it hit the market with a price tag of $1,950,000. It’s a nice house in a nice Park Slope location, but it feels to us like it lost a bit of its soul when it was recently renovated. It’s also a four-family house,…
289 Garfield Place was an Open House Pick last month shortly after it hit the market with a price tag of $1,950,000. It’s a nice house in a nice Park Slope location, but it feels to us like it lost a bit of its soul when it was recently renovated. It’s also a four-family house, which takes it out of the running for a lot of family buyers. Of course, having three rentals does help take the sting out of that monthly mortgage payment.
289 Garfield Place [Corcoran] GMAP P*Shark
11217, do you have the link to the “real beauty???”
This house…also on 2nd Street just went to contract as well…
http://www.bhsbrooklyn.com/detail.asp?id=1049073
As did this one:
http://www.bhsbrooklyn.com/detail.asp?id=929752
Yes, Nokilissa…that one was a real beauty. But even I’m surprised it went that fast. One has to assume it got close to ask to go so soon…
11217, all this seems to fit with my prediction that brownstone prices would bottom around the end of the year.
Awwwww, 11217. Knew it had to happen, but that just made my heart a tiny bit heavy. We really loved that house on 2nd Street. Sigh.
“On the inventory numbers listed earlier, is that 20+% decrease over a year ago reflect a return to the norm for invetnory or does it mean that we are seeing an unusually low inventory now?”
I would say probably more likely back to normal. As in, the apocalypse as predicted by some here never came to fruition.
“and yes the pace of activity in the fall was higher. i noticed a bit of surge of *contracts*, especially in the high end category.”
And most have not received their bonus yet…
On the inventory numbers listed earlier, is that 20+% decrease over a year ago reflect a return to the norm for invetnory or does it mean that we are seeing an unusually low inventory now?
since hotd widget began and thru oct31, there have been 120 hotd.
24 have sold. another 15 are in contract.
looking at april/may subset (chosen bc they have all been out for at least six months):
35 hotd; 18 sold; 2 more in contract. that leaves 15 houses in various states of shadow inventory.
and yes the pace of activity in the fall was higher. i noticed a bit of surge of *contracts*, especially in the high end category.