11 Executed contracts for the week (including a cheapie land listing for $200K).
13 Sales (including a cheapie multi-family for $400K).
Also, 26 accepted offers (which I’ll link to when they become executed contracts).
Pictured below, 78 Mayo Avenue in Belle Haven. According to the MLS, it sat around for 1,146 days, waiting for a buyer. During that time, it went from asking $9,375,000, back in June, 2010, to switching listing broker in June 2013, and reaching its final asking price of $6,975,000. Obviously that last asking price did the trick, but the market also improved dramatically since the dark(ish) days of 2010.
This is a BIG number for a house like this except in Belle Haven (and maybe a few streets in Riverside), where it’s perfectly normal. Amazing.
List: John McAtee
Sell: Hillary McAtee