Price Reductions Are In The Air
April 28th, 2009 | categories: Buying Real Estate in Coconut Grove
I was just looking over the MLS and noticed that there have been many many price reductions over the past week. If you have been looking at homes in Coconut Grove, it is worth checking with your realtor to see if any of the homes you have previousely seen have been reduced.
Here are just a few of the big ones. Of course in the higher price ranges we tend to see larger price reductions. It is very unusual to see a $200,000 price reduction on a $600,000 house unless it is in distress.
3737 Kent Road | Reduced by $251,000 to $2,499,000 | 5 Bds/4 Bths | 6,015 sq. ft. living space | 49,210 sq. ft. lot
3979 Poinciana Close Road | Reduced by $400,000 to $1,800,000 | 5 Bds/5 Bths | 6,373 sq. ft. living space | 10,007 sq. ft. lot
3851 Battersea Road | Reduced by $225,500 to $1,749,900 | 5 Bds/4.5 Bths | 4,472 sq. ft. living space | 8,300 sq. ft. lot
3071 Lucaya Street | Reduced by $140,000 to $1,250,000 | 4 Bds/4 Bths | 3,792 sq. ft. living space | 10,201 sq. ft. lot
2769 SW 22nd Avenue | Reduced by $60,000 to $1,190,000 | 4 Bds/4 Bths | 3,057 sq. ft. living space | 9,608 sq. ft. lot
The above information is courtesy of the SEF MLS and is deemed reliable but not guaranteed.
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