PRICE DROP #2 - 82 Madison Avenue - ANNEX

This 4 bedroom, 7 bathroom 'restored' house in the Annex was first listed on October 13 for $4,300,000.

I thought it was way overpriced and should be listed closer to $3,790,000.

At exactly the same time I was posting it, they were dropping the price ...to $3,950,000.

A day after the drop, the very similar house at 78 Madison was listed at $3,795,000.

This house was relisted on January 18 but there was no price change from October.  It was listed again at $3,950,000.

Two weeks later, 78 Madison was relisted with a price drop.  The new price for that house was $3,475,000.

This house has now had a price drop as well.

The new price is $3,695,000.

Confused?

Let's just say.....

En garde.....again!