Kamis, 06 September 2007

Price Point Tests

5404 BELLINGHAM AVENUE #s 1, 2, & 4, Valley Village, CA 91607
(MLS #s F1730904, F1730911, F1730908


This photo represents three different units in the same building. The units were all priced at $779k on August 22. But now:

#1 Price Reduced: 09/05/07 -- $779k to $778.5k
#2 Price Reduced: 09/05/07 -- $779k to $778k
#4 Price Reduced: 09/05/07 -- $779k to $775k

Granted, at 1,950 sq. ft., these are big condos. But they aren't houses and they are in Valley Village so I just don't see them selling for that. I normally don't track condos, but given the interesting pricing strategies here, let's see what happens.

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