MLS Watch – 2 weeks of new construction updates

2200

25

Bellagio

Added 3 more units to the MLS for a total of 4. Their HOAs feel really low at $0.26/square foot.

Cosmo

28

Decatur

Decatur recently dropped prices on a number of units between $3k and $10k. Though oddly raised the price of #1306 $3k to $302,950 and #1007 $5k to $465,960

Equinox

Added 12 more units to the MLS for a total of 22 (though they likely have much more inventory.)

Lumen

There was one re-sale at Lumen and then the builder put 4 units on the MLS. Fortunately for the person with the re-sale the builder has only included two lame photos on their listing. Oddly Craigslist has 2 units not on the MLS.

Press

After bumping prices they dropped prices on three units by $5k. The Press is the king of MLS churn.

Trace

As re-sales have their prices chopped every week Trace is raising the prices on #208 $5k to $325k and #308 $5k to $335k. And now that the building is done they should really replace the generic photos with photos of the actual unit.

About Matt

Matt , Urbnlivn's publisher, has a love for lofts, floating homes and mid-century moderns.

For years Matt resisted becoming a real estate agent preferring to be an executive in the startup world but he recently caved in the spring of 2014 and became an agent.

You can also find Matt on Twitter or skiing.