A Christmastime deal in the Hill Section marks just the second purchase of a new home in the Hills this year.
930 John (the listing can still be viewed while in "backup offer" status) is a large (5br/6ba, 5400 sq. ft.) new home near downtown with city views. It started up in April at $4.995m and cut, over time, to…
A Christmastime deal in the Hill Section marks just the second purchase of a new home in the Hills this year.
930 John (the listing can still be viewed while in "backup offer" status) is a large (5br/6ba, 5400 sq. ft.) new home near downtown with city views. It started up in April at
$4.995m and cut, over time, to
$3.999m.
It'll be some time till we get the final price, but you might imagine the buyers took a bit more off the top. That would put the total cuts over $1m, and that's increasingly common in the Hills.
The only other purely new home purchased this year off the MLS was
911 Duncan (5br/6ba, 3700 sq. ft.), which closed in February at
$3.190m (-$580k/-15% from start). (See "
Such a Deal on Duncan.") Another new home
closed in the first half of January, based on a deal from 2007 (
853 6th at $4.5m).
As we bid farewell to 930 John, there are 5 new homes left in the Hills
(click for pics & details via Redfin):Of those,
4 of the
5 are down something near
$1m from their starts ($955k-$1.325m), and
3 have been around more than 8 months as we enter 2009.
So they didn't get it done this year, but hope – in the New Year – springs eternal.
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Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of July 22nd, 2024 at 4:11pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.