Open House Picks
Carroll Gardens 415 Sackett Street Douglas Elliman *****CANCELLED***** $2,250,000 GMAP P*Shark Prospect Heights 287 Park Place Corcoran Sunday 2-4 $2,195,000 GMAP P*Shark Fort Greene 305 Cumberland Street Brown Harris Stevens Sunday 1-3 $1,995,000 GMAP P*Shark Clinton Hill 186 Washington Avenue Aguayo & Huebener Sunday 12-4 $1,739,000 GMAP P*Shark
Carroll Gardens
415 Sackett Street
Douglas Elliman
*****CANCELLED*****
$2,250,000
GMAP P*Shark
Prospect Heights
287 Park Place
Corcoran
Sunday 2-4
$2,195,000
GMAP P*Shark
Fort Greene
305 Cumberland Street
Brown Harris Stevens
Sunday 1-3
$1,995,000
GMAP P*Shark
Clinton Hill
186 Washington Avenue
Aguayo & Huebener
Sunday 12-4
$1,739,000
GMAP P*Shark
Re: “fast” selling – funny, I’ve noticed a number of places that have attempted this technique of ‘re-listing” to make it seem they are not lingering on the market. There’s a brownstone on 5th St (6/7 Ave) that has been just sitting on market at 2.2 since last summer – it’s huge and arguably “prime” PS but no one is going near that price. Then there’s that pitiful brownstone on President Street (4/5) for 1.4 which has been all over Craigs List for I think a year now, and they have just attempted a “just reduced” even though they had to drop it from 1.9 to 1.4 eons ago. There’s also a brownstone on 4th Street bet 5/6 for 2.1 that is languishing (former pick on this list, by the way). These are all in “prime” areas and yet, no one is biting, at least not anywhere near the asking price. So how do the bulls explain that?
3:08…does it really matter now that it’s sold??
Are you really THAT desperate to make an invalid point?
Holy shit 2:57! You’re not joking! We just looked at this Sunday, their FIRST open house! We loved it, but ultimately are deciding that FG or, if we must, PS will be for us rather than BH.
I cannot believe it.
It was sort of magical though. The ceilings, the plaster work, the beams downstairs…and that blossoming dogwood tree. It’ll get ya every time.
I’m telling anyone here interested in resale of a home they’re renovating or purchasing for down the road…plant a dogwood or cherry tree immediately. In front and in back. It’ll pay you back in spades. Especially if you show the house in spring! Plus you’ll have he gorgeousness of it to appreciate for the years you’re there.
Anyway. Mind boggling. Not since Adelphi have I seen something go that fast.
3:02 – actually, I think NOW is the peak, and they sound frantic that the peak has at last been reached. The prices this spring feel to me like the last gasp of an unprecedented run-up. Now, I agree that there is enough cash out there to keep the market from crashing for the time being, and it’s anyone’s guess what will happen a year from now. But I have not talked to anyone – including aggressive brokers – who are predicting continued galloping prices like we’ve seen the last few years. The more likely predictions are for stabilization at best, and softening of prices especially among “non-prime” properties – and I think all of this weeks open house picks qualify as non-prime since the locations are not fabulous.
Sackett, by the way is a nice house, but where are the comps? We had an accepted offer on the very next block over last year for 1.3 and we looked at comps very closely. Granted the house we were buying was 3 stories, not 4, and not quite as fancy, but it was in great shape, had nice detail and was wide with a great garden. We ultimately rejected it due to crappy school, but saw several others come on market on same block, all within same vicinity of prices, and some lingered.
“Corcoran, web ID# 1095011. It went fast.”
By “fast” are you referring to the amount of time since this place was first put on the market several months ago or are you referrring it to time since it was most recently put on the market? I saw this place in late ’07 so I would say it is about time it sold. Just because a buyer/broker pulls the listing and then relists it doesn’t restart the clock.
The only bitter sounding people on this blog are those who just saw every person around them who bought something make gobs and gobs of money.
Yes, 2:59 it certainly sounds that way….Mr.B would you do an age survey of the readers?
maybe too many of them were too young to remeber, or certainly have participated in the 1989-1994 cycle let alone the late 1970s – early 1980s!!!!!!!!
“2:52 they are frentic sounding from being bitter about buying at the peak 2005-2007.”
We bought our 2 bedroom in Prime Park Slope in very late 2006 for 650K.
We suddenly had an addition to the family which was a bit unexpected and sold our place 2 months ago because we found a bigger 3 bedroom place we liked (also in PS).
We sold our place for 870K.
Can you please tell me how this asserts your theory about the alledged peak??
Some of you people act as if real estate as we know it began in 2000.
Since the dawn of time, houses were negotiable, some properties languished, others were snatched up in a heartbeat, some were overpriced, some not so much.
You make it seem like you’ve JUST DISCOVERED real estate.
What is happening now is a return to more typical real estate patterns. That’s all.
Stop being to irrational and stupid.