The price on 33 Front St. Unit D was just lowered to $199,000. This 3 bedroom, 2 bath shows that the declines continue for the low end of the market.
Also, of note is the condo is $150,500 less than the last time it sold in 2005 and is also lower than its sale price in 2002.
How low will it go?
I hate condos. You don't own anything except for air, the paint on the walls and the carpet. And then they are usually attached. It's like living in an apartment.
ReplyDeleteI'd price it for $82K.
Apart from it being a condo this is in a part of town that is really off the beaten track.
ReplyDeleteI'd say $82K is a fair price but it's going to take a while for that reality to set in. They'll find a buyer before it gets that low.
Yep, sub-$100K seems reasonable against that baffling $350K peak. The "human storage unit" styling is good for another -$25K at least.
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