According to ZipRealty, the list price on 1755 Filbert #2D has been changed ten times over the past five months (eight reductions and two increases).
It’s currently listed at $136,000 (12.7%) below its original list price. And apparently the seller remains “very motivated!” (but perhaps a wee bit schizophrenic).
∙ Listing: 1755 Filbert #2D (2/2) – $939,000 [MLS]
I believe this is what’s known as “chasing the market down.” Looks like they haven’t found it yet.
I don’t know what this seller is thinking. Why not just have one markdown to a realistic number instead of numerous $10K markdowns? This doesn’t create any buyer interest to buy, it just makes buyers sit and wait on the sidelines while the prices keep dropping.
Exactly my point. Motivated? Wanna sell it? Price it at $700K and let people bid it up to whatever the market will bear.
Granted, the stairs do make it look like an MC Escher painting, as somebody commented about another place. But it’s a great location.