Chops of the Week

By Dave Fratello October 10th, 2008.

You've got to do something these days if your listing isn't getting any bites.

This week (click highlighted addresses for pics & details via Redfin):
  • 424 5th, a cute walkstreet cottage (pictured) that was overpriced to begin, chopped $300k (-13%) to $2.099m.
  • 221 34th, a stunning new modern near the water with huge views, made a giant leap, cutting $699k at once. It's now down $1.1m (-20%) from start, currently $4.3m. Wow.
  • 222 N. Poinsettia, a lot sale (see "Just Split 'Em"), chopped $1m from the preposterous $7.9m to the slightly less preposterous $6.9m. In doing so, this listing became the fourth in the Hills to cut $1m or more in recent weeks, and one more is just $4k short...

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