House of the Day: 1692 11th Avenue
1692 11th Avenue was an Open House Pick back in October when it hit the market with an asking price of $1,295,000. Last month, however, the price on the Windsor Terrace limestone was reduced to $1,195,000. The three-family house has a few rental-quality finishes, but overall there’s a lot of original detail (love those floors…
1692 11th Avenue was an Open House Pick back in October when it hit the market with an asking price of $1,295,000. Last month, however, the price on the Windsor Terrace limestone was reduced to $1,195,000. The three-family house has a few rental-quality finishes, but overall there’s a lot of original detail (love those floors and mirrors!) The avenue location is probably a little less desirable than being on one of the side streets like Sherman or Windsor Place, but it’s a gorgeous house from the outside and just a hop, skip and a jump from the park. Think a deal will happen near this asking price?
1692 11th Avenue [Warren Lewis] GMAP P*Shark
wrench in the spoke, speculators.
that would make me a competent realtor.
how do you explain that oxymoron? (cue any ‘stoner: there’s no such thing.)
i am an interested participant in bkln real estate who’d rather rely on actual data points than hyperbolic opinions and predictions.
this website is quite useful, once you’ve parsed the wheat from the chaff.
tracking hotd is not much better than anecdotals but in light of the paucity of data, it is better than nothing.
if you don’t like the numbers i can stop posting them or you can skip through them.
fwiw, all the information i gather is right there at your finger tips (acris, streeteasy, ‘stoner, propshark).
Hmm, househunt, your theory about antidope would explain a lot!
I think antidope is a realtor, which is why s/he is so defensive and supposedly has access to information the rest of us don’t. Besides, we’ve had much evidence in the last week that sellers and brokers not only follow this blog but contribute. Take it from whence it comes…
Nah, I think that one was on 10th Ave, but my memory is sketchy at best.
Isn’t this the house where we had the “English basement” fight (with ‘shillstoner, I believe), and didn’t most of us concur that it will ultimately go under $1 million?
bring it on doubters and skeptics 😉
i am perfectly capable of making mistakes, but i’d like to be corrected rather than go on fishing expeditions. it’s also possible that propshark is missing them. i’ve mostly relied on acris (to confirm sales) and streeteasy (to track contracts). again, the list of 12 above are contracts and wouldn’t be in acris or propshark until they close (except for 1. and 12. which have both closed).
Two points, 1- if the houses are so freshly in contract the listing doesn’t show it, how do you know?2- when you state a house sold for 6% above widget yet there is no record of a sale, how did you find out?
those are freshly minted contracts.
i have been tracking hotd since the widget came into our world. i began as an exercise to refute the overzealous negative opinions being expressed both in comments and in the supposedly predictive widget. point made and (mostly) accepted, i now track out of curiosity.
i posted the other day, somewhere, about the stats so far. here is an update to include many of the list above.
Thru 12/1/09 (from 3/31/09) there have been 136 HOTD.
25 have sold.
20 are in contract.
side note: occasionally a house will seem to have been pulled and then pop up as sold, so 45 may understate the activity level a bit.
that’s 33%, which is higher than the ‘six months later’ thread seems to indicate.
***my point is that 25% of that movement has occurred in the last 2 weeks alone***
Also, since I am a skeptic by nature, I picked one of your house that supposedly beat the widget and checked. Lo and behold, there is no indication it was sold as per PropertyShark, the listing does not even indicate it is in contract. I’ll let you figure out which one.