There are all kinds of reasons you, as a seller, might want to re-list your home after a few days or weeks. Don't worry, the local MLS isn't too discriminating as to reasons. It's a laissez-faire system.
- 2822 Ardmore re-listed after 12 days to raise the price by $46,000;
- 717 31st re-listed when dropping the price…
There are all kinds of reasons you, as a seller,
might want to re-list your home after a few days or weeks. Don't worry, the local MLS isn't too discriminating as to reasons. It's a
laissez-faire system.
- 2822 Ardmore re-listed after 12 days to raise the price by $46,000;
- 717 31st re-listed when dropping the price by 2%; and
- 3204 Poinsettia kept the price the same, but re-listed after a failed escrow, not wanting a DOM penalty from one week off the market.
Let's go back to these one by one.
Ardmore is being listed by a relative of the seller. They started at $1.299m for this 1,400 sq. ft. bungalow "at the quieter end of Ardmore"
(listing). Whoops! There was some intra-family mis-communication (
"What?!? You're taking a commission!?!"), and the
price needed to go up by 3.5% ($46,000) to
$1.345m. With a new MLS #, less than 2 weeks later, all is forgiven.
The 31st St. listing is new construction, almost 90 DOM, and probably overdue for a typical new construction "new listing" treatment. The price drop was $70k on $3.45m, no big news. We've noted before that this one is nice, but lacks outdoor space. They're still chasing the other new construction across the street (712 31st, now in escrow) which hit the market at the same time, with 300+ sq. ft. more interior space, far better outdoor spaces, and some wow factors, last listed at $3.399m. At $3.379m, 717 31st is still high, which the sellers won't admit any sooner than they'll admit they've been around 3 months.
Poinsettia has been around the block. They started at $1.625m last Summer, then quickly reduced to $1.599m and $1.575m. Re-entering the market this year (May 18) at $1.550m, they got a bite in mid-June. Escrow failed and a week or so later, it was time for a fresh listing to hide the more recent history. "Back on the market!" screams the listing, but that will seem
strange to average readers for the first few days, when the listing appears to be brand-new.
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 April 1st, 2023 at 4:15am 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.
