PRICE DROP #2 - 161 Browning Avenue - PLAYTER ESTATES
I am not sure what is going on with this house.
It was first listed as it is now on July 26 for $949,000. It had previously been listed just 3 months earlier for $699,000.
So this was a flip and it was a FAST flip. They must have had possession the day after it sold!
It didn't look too bad though and considering that the house at 927 Logan sold for $939,000, I thought this could go for asking. But as I pointed out, that was in February when things were crazy and there is a no parking issue.
Despite being relisted many times (August 3 and September 11) at the original price, this house didn't sell. The price was dropped at the beginning of October to $929,000.
For some reason, that didn't work either (was it that it is a fast generic flip and there is no parking?).
As of last week, the price has dropped again....by $5,100.
The listing price is now $923,900.
Clearly the owners don't want to go much lower than this but it looks like the buyers just aren't into it.
Perhaps $899,000 would make more sense.