The other day MBC asked if any homes among 6 in the Tree Section priced near $1.5m were "deals" or not.
Mostly, readers said "not."
Almost two-thirds of respondents (62%) chose "No Deals" instead of any of the homes listed.
On the brighter side, a bit of a consensus emerged. If a home on the list is a deal, however…
The other day MBC asked if any homes among
6 in the Tree Section priced near
$1.5m were "deals" or not.
Mostly, readers said "not."
Almost two-thirds of respondents (
62%) chose "No Deals" instead of any of the homes listed.
On the brighter side, a bit of a consensus emerged. If a home on the list is a deal, however qualified, it's
3210 Ardmore. That's because it's big (5br/4ba, 3500 sq. ft.), down about 25% from its start price and a great home.
If Ardmore were priced any lower than
$1.525m it might have done better than
21%.
The runner-up here was
1800 Poinsettia, doing a bit better in the poll, at
12%, than the rest of the bunch, which really generated no enthusiasm.
What's potentially interesting about a poll like this is the snapshot in time it provides. How were certain homes priced in Spring 2009, and what happens next? We'll watch.
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UPDATE: After a skeptical comment on this post, we've decided to watch for some specific outcomes with the 6 homes listed in the poll. If 4-5 of them quit or sell for 10% less than their list prices at the time of the poll, we'll consider the responses to have been "right." If most of these sell and go for discounts of less than 10% off their prices at the time of the poll, then the mass of voters was "wrong" on this one. There's something specific we can track.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of May 30th, 2023 at 4:01pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
