Rarely Available Condo Sells For $25K Less Than 5 Months Ago

As we wrote in January:

Listed for $1,299,000 at the beginning of October, within three weeks the sale of the “rarely available” two-bedroom #812W at 101 Lombard Street closed escrow with a reported contract price of $1,400,000.

Five weeks later on December 1, the 1,700 square-foot condo with high ceilings, a wood-burning fireplace and parking returned to the market listed for $1,499,000.

And having been taken off the market for two weeks over the holidays…101 Lombard #812W was re-listed with a $1,390,000 price tag.

Yesterday, the sale of 101 Lombard #812W closed escrow with a reported contract price of $1,375,000.