Three times now this year, East MB has seen new highs marked out – each higher than the last – for new homes on "standard" 7000-ish sqft. lots. (A typical 50 x 150 lot is 7500 sqft., but one of our examples here is 7000 sqft., close enough.)
The current champs, in descending order:
1131 6th (5br/5ba, 5025 sq. ft.) at $3.600M (Nov. 2015) (pictured)
1430 18th (6br/7ba, 4600 sqft.) at $3.300M (Oct. 2015)
1632 Voorhees (5br/5ba, 4500 sqft.) at $3.251M (June 2015)
Now, looking at each, it's worth noting that 1131 6th took the biggest haircut, but that may sound a bit unfair at the same time. The original list price was $4.499M in February this year. It sold for 20% less.
And yet, everyone knew that sky-high $4+ asking price was ridiculous, almost like a……