It was in July of this year that one of Noe Valley's Nove townhouses landed on the market asking $1,495,000. The 3-bed, 2.5-bath, 2,190 sq. ft. townhouse in the 9-unit LEED Platinum luxury development is a hot piece of contemporary real estate tail, so it was surprising to learn that it sold late Friday for $1,450,000, or $45,000 under asking. With its sustainability pedigree and location, we assumed it go for well above asking. [Redfin/Curbed SF]
Showing posts with label Townhouse. Show all posts
Showing posts with label Townhouse. Show all posts
Monday, October 1, 2012
Nove Townhouse Sells at a Discount: It was in July of this...
× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Monday, September 24, 2012, by Sally Kuchar
Thursday, June 14, 2012
[NYT] Brooklyn Townhouse Boom, From Brown To Gold
Posted by Jonathan Miller - Sunday, June 3, 2012, 9:31 PM
The cover story in the New York Times Real Estate section this weekend: Brooklyn’s Gold Rush chronicled the jump in prices over the past year. Marc Santora pens a good piece that begins with 3 examples of properties that sold over list.
I crunched the year over year numbers for the piece.
“Even when the most expensive sales are removed from the calculations, Mr. Miller said, the surge in prices in striking.
“The theory was that when the credit crunch hit, you would see home sizes get smaller,” he said, “and that is not what happened in New York.” Across the city, he added, space is king.
The spiraling prices are being driven, in part, by the lack of supply. Despite the rising demand, no one is building new brownstones. The number of town houses on the market this spring is about the same as it was a year ago.”
Fixed housing stock + more demand at higher end of market = price increases for Brownstones
Tuesday, September 13, 2011
On the Market: Obtain the "Greatest Luxuries" By Buying This Russian Hill Townhouse, Says Listing Agent
× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Thursday, September 8, 2011, by Sally Kuchar High atop Russian Hill is a 3-bed, 3.5-bath, 3,386-square-foot townhouse that is currently looking for a new owner. Asking price? A cool $4,950,000, or $1,462 per square foot. From the listing agent: "The homes at 955 Green are built on a single belief: fine architecture cultivates fine lives," so there's that. Monthly HOA dues are a vomit-inducing $2,010 and cover the water, garbage and grounds maintenance. There's 3-car parking in the garage.
· 955 Green, #4 [Redfin]
· 955 Green, #4 [Redfin]
Sunday, March 20, 2011
[Wider Market] 2001-2010 Manhattan Townhouse Report Available For Download
[click to open report]
The 2001-2010 Manhattan Townhouse Report that I author for Prudential Douglas Elliman was just released.
Other reports we prepare can be found here.
The data tables and a series of charts are updated with the 2010 data.
Press coverage can be found here.
An excerpt
…There was an increase in sales in 2010 as purchases took advantage of lower prices compared to peak levels in 2008. Manhattan had a total of 197 sales in 2010, 32.2% more than 149 in 2009 and the same as the number of sales seen in 2001. This accounted for 1.9% of all residential sales including co-ops and condos in 2010. Listing inventory remained essentially unchanged at 397, slipping from 402 in 2009. Since newly constructed townhouses are not readily in demand, no new housing stock has been added to the market keeping supply in check. Days on market—the number of days between the last date the listing price was reduced, if ever, to the contract date—averaged 117 days, down from 142 in 2009. Listing discount—the percent difference between the last list price adjustment, if any, and the contract price— was down sharply to 8% from 15.3% in 2009. As a result of the increase in the number of sales and the stability of listing inventory, the monthly absorption rate—the number of months to sell all activity listings at the current pace of sales— was 24.2 months, down from 32.4 months in 2009…
2001-2010 Manhattan Townhouse Report [Miller Samuel]
Manhattan townhouse chart gallery [Miller Samuel]
Manhattan Townhouse Report custom data tables [Miller Samuel]
Thursday, March 17, 2011
Marshall Small-Animal Townhouse
Marshall Townhouse This is a great cage for ferrets that love to climb, there are 8 adjustable platforms and 4 ramps! Extremely roomy for multiple ferrets. Features: Offers 8 adjustable platforms (2 with holes) and 4 ramps to provide plenty of safe climbing and playing 3 large doors for easy access: 2 drop down and 1 flip-top Deep plastic base helps keep mess inside of home Casters on bottom make moving the home easy Easy to assemble Item Specifications: Size: 39.5"L x 22.5"W x 46.5"H. Bar Spacing: 7/8 inch *Please note: Accessories are not included.Price: $159.99
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