Open House Picks: Six Months Later
Comment: What happened on Dean Street? Bidding war? Open House Picks 6/6/08 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: What happened on Dean Street? Bidding war?
Open House Picks 6/6/08 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
Hey Brownstoner – any chance you could post a running tally of house of the day? How many disappeared, how many sold, how many still on market, how many sold for more % and how many for less %? Might make a nice feature….
Thanks!
MM, August 2008, the peak? The peak was in 2006.
the only thing with that Dean Street house is that the deed was recorded months before the economy realllly went downhill.
Good for the owners though who got $200K more than they expected!
Actually, wait. Not an SRO. Rather, a men’s shelter or halfway house. All completely legal and licensed. Very polite men.
dittoburg – That Ditmas Park house DOES look bucolic. More like Upstate New York than NYC. I’m consistently surprised by how varied in appearance Brooklyn neighborhoods can be.
DIBS – Thanks. Thanks for that. 🙂
i think the connelly/bettany house is more of a bellwether of the market. a brownstone is worth around $8 million these days. there is no logical argument against this.
As other posters said back in June, the price on the Bushwick townhouse was insane to start. Try more like $500,000 or $600,000 list. Though I did see an enormous Queen Anne down the block that needed heavy amounts of structural repair and was being used as an SRO and the ask was $830,000 or so. Just heating the darn thing probably would have cost $800 a month.
That one house sold above ask so the housing market is fine. 🙂
thought the peak was last year