Last Week's Biggest Sales
1. CARROLL GARDENS $1,858,306 277 President Street, Unit 2 GMAP (left) This 1,911-sf, 2-bedroom in a conversion was listed for $1,825,000 a year ago, according to StreetEasy. Entered into contract on 8/1/08; closed on 7/9/09; deed recorded on 7/20/09. 2. BOROUGH PARK $1,800,000 1818 51st Street GMAP (right) This is a 4,265-sf unit in a…
1. CARROLL GARDENS $1,858,306
277 President Street, Unit 2 GMAP (left)
This 1,911-sf, 2-bedroom in a conversion was listed for $1,825,000 a year ago, according to StreetEasy. Entered into contract on 8/1/08; closed on 7/9/09; deed recorded on 7/20/09.
2. BOROUGH PARK $1,800,000
1818 51st Street GMAP (right)
This is a 4,265-sf unit in a small condo, according to Property Shark. Entered into contract on 5/27/09; closed on 7/8/09; deed recorded on 7/21/09.
3. WINDSOR TERRACE $1,500,000
489 16th Street GMAP
When this was a House of the Day in April, it was asking $1,595,000. The sellers purchased it for $925,000 in 2005 and renovated. Entered into contract on 5/1/09; closed on 7/7/09; deed recorded on 7/20/09.
3. BOROUGH PARK $1,500,000
1448 56th Street GMAP
A 7,424-sf, three-family, according to Property Shark. Entered into contract on 5/14/09; closed on 7/8/09; deed recorded on 7/21/09.
5. VICTORIAN FLATBUSH $1,150,000
1816 Glenwood Road GMAP
This Fiske Terrace abode was a House of the Day in May, when it was listed for $1,300,000. The widget appraisal determined by readers was $1,017,552. Entered into contract on 6/2/09; closed on 7/9/09; deed recorded on 7/22/09.
5. COBBLE HILL $1,150,000
401 Hicks Street, Unit B-6H GMAP
Weird that this sale took so long to be recorded in public records: It’s a unit in the converted church called the Arches. Size unknown. Entered into contract on 3/6/08; closed on 5/8/08; deed recorded on 7/22/09.
Pics from Property Shark.
I tried that plan, once. Planning to stay in a house for the rest of my life. Sometimes life has other plans for you…
BO. You might have spent the time to review your homework. I might point out that there have since been two further months of data. Perhaps relevant, we’ll find out later I guess. For now, I’m waiting for you to crunch your numbers on our little side bet…
wasder: I had no inside info on the Glenwood Road house.
Do I get a prize or something?!
(About the numbers: The Case Shiller indices have a base value of 100 in January 2000. So a current index value of 150 translates to a 50% appreciation rate since January 2000 for a typical home located within the metro market.)
Home Prices, by Metro Area
Metro Area March 2009 Change from February Year-over-year change
Atlanta 104.89 -1.7% -15.7%
Boston 145.83 -2.0% -8.0%
Charlotte 119.3 0.3% -9.3%
Chicago 122.34 -3.1% -18.6%
Cleveland 96.86 -0.9% -9.0%
Dallas 112.38 0.0% -5.6%
Denver 120.35 0.1% -5.5%
Detroit 70.98 -4.9% -25.7%
Las Vegas 116.44 -3.8% -31.2%
Los Angeles 160.88 -1.4% -22.3%
Miami 148.87 -3.5% -28.7%
Minneapolis 109.12 -6.1% -23.3%
New York 173.35 -2.5% -11.8%
Phoenix 106.83 -4.5% -36.0%
Portland 147.68 -2.1% -15.3%
San Diego 144.56 -1.5% -22.0%
San Francisco 117.77 -2.2% -30.1%
Seattle 149.03 -2.0% -16.4%
Tampa 141.37 -2.7% -22.4%
Washington 166.01 -1.2% -18.4%
Anybody see a problem here?
Mexican standoffs rarely happen in the capital of the world.
Like the poster wrote in more words or less…if you cant have it your way in this town,it’s best you pack it up and head west.
OR you can follow the example of the settlers 15 yrs ago.
They took a leap of NY faith grew kahunas and shopped in the discounted areas. Back then they were FT Green, Clinton Hill,Prospect Heights and Harlem.
Doom and gloom news is so passe.
fwiw:
http://market-ticker.denninger.net/archives/1263-Bernanke-Dissembles;-The-Economy-Burns.html
Take it with a grain of salt, etc., but the chart is interesting/scary.
At the risk of getting flamed, isn’t the fact that it’s buying season some of the reason for the uptick? Also there is more optimism out there, the indices have surged…it’s not surprising there’s a jump in sales. I decided to wait until the early side of 2010 because I’m not making any commitments until I see what does, or does not, happen this fall.
funkymonkey-
Nothing. The difference between you and MM: read the last line of my post.
1121[chapter]7 – Shadow inventory is skyrocketing! Besides, the inventory numbers you quote are bogus. I demand the source!
***Bid half off peak comps***