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Funny Business On Eastlake Two Bedroom

September 5th, 2008 · 4 Comments

2731 Bolyston Ave #101 just dropped in price from $525,000 to $428,000. I guess their raising the price experiment failed.

See the listing came on the market June 10 at $428,000 and was raised in price to $525,000 on August 21st only to be dropped back down to $428,000 today. I guess they realized that everyone can see that the place was originally priced much lower and that the market fundamentals did not change between June in August so a price increase of that size wasn’t warranted.

28101224_1_0 Funny Business On Eastlake Two Bedroom

For $428,000 (aren’t you glad you didn’t bite at $525,000?) you get 2 bedrooms, 928 square feet and “top-of-the-line plumbing”.

And what’s up with calling your small time condo project “One Condominium” when a monster project downtown is called “One Hotel and Residences” and you aren’t located on First?

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Tags: One Condominium

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4 responses so far ↓

  • 1 Vanderleun // Sep 5, 2008 at 6:00 pm

    I love the smell of desperation in the morning.

  • 2 EconE // Sep 5, 2008 at 6:03 pm

    Bravo for Redfin bringing transparency to the RE profession. Are you guys ever going to have “relists” listed?

  • 3 Matt // Sep 5, 2008 at 7:55 pm

    EconE, we will show as much of a home’s listing history as possible in our release coming out at the end of October. Real estate agents, you’ve been warned :).

  • 4 rollin st. // Sep 7, 2008 at 7:18 am

    What a nice place for only $428k.

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