When you’ve been sitting on your unsold property since the summer, hoping and praying that someone will make you an offer before year’s end, it must be more than a relief to finally find a buyer — even if, in this instance, you have to stomach a 19% reduction on your original asking price.
The 5/3.5 refurbished mid-century modern at 131 Crocker Avenue in Piedmont (above) hit the MLS in August for $2,850,000. It sold more than half a million down just before Christmas for $2,300,000.
Meanwhile, over in Berkeley, architect David Stark Wilson no doubt gritted his teeth when he accepted significantly under the $3,275,000 asking price for his striking hill-top home at 7124 Norfolk Road. It closed on December 21 for $2,950,000.
On the other hand, in this uncertain climate, it is perhaps worth making some compromises for a sure sale.
[...] 2009 was $3,600,000 and it’s now down to $2,950,000 — the price, which Stark Wilson sold his own home for last [...]