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Funny Business On Eastlake Two Bedroom

By September 5, 2008

One Condominium

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.

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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