We thought this would happen more last year.
The word was out on the street already: Bidding wars are back. Prices are rising. Some sales are shockers. In short: It might be a great time to sell.
With that, we expected more listings, and more shoot-the-moon prices, with sellers jumping far ahead of the market, "just to see what happens." But in 2013, not so much.
Today's new listing at 312 44th does seem to fit that category. The $2.700M start price on this ocean-view condo is around $1,000/PSF – not unheard of for something slick with views in the Sand Section. But the building that this one is a part of has not been an easy sell in the past, and the price is double what the sellers paid just 3 years ago.
The building has been tough because of that …