March 31, 2008

Big Dippers: March

A little after a month on the market, the sellers of 1806 Coro, a mid-century upper Rossmoyne ranch, have made a rather necessary adjustment in price, shedding 16% off asking. It may need work yet, as there are no shortage of competing mid-$400/sq.ft neighborhood offerings stacked against its $555/sq.ft.

A short flight east to Arcadia, where 1147 Volante has recently taken a $274,000 price-cut– a sum just shy of what was last paid for the property in 1988. The listing describes what seems to be a bit of a fixer, with words like “blank canvas” and “options” tipping about sans interior photos. On the western edge of “Peacock Village” (a nice community profile here), the seller has just gotten a whole lot more motivated.

GLENDALE
1806 Coro TER
Old price: $1,195,000
Reduced to: $999,000 (16.4% reduction)
Beds: 3 / Baths: 4
SQ.FT.: 1,800

1833 Kirkby RD
Old price: $349,000
Reduced to: $299,000 (14.3% reduction)
Beds: 1 / Baths: 1
SQ.FT.: -

PASADENA
1700 Whitefield RD
Old price: $1,039,000
Reduced to: $895,000 (13.9% reduction)
Beds: 6 / Baths: 2
SQ.FT.: 3,004

70 N Craig AVE
Old price: $898,000
Reduced to: $788,000 (12.2% reduction)
Beds: 3 / Baths: 2
SQ.FT.: 2,204

ARCADIA
1147 Volante DR
Old price: $1,249,000
Reduced to: $975,000 (21.9% reduction)
Beds: 3 / Baths: 1.75
SQ.FT.: 2,436