Baths: Six and a half
Old Price: $6.25M
New Price: $5.495M
We all saw this price chop coming, but we weren't expecting it to be so huge. Usually these five million or more houses have a few tentative steps down the asking price ladder before taking a plunge. Even though $750,000 is a big drop for a one-time change we're thinking it might come down even more. The house went on the market in November 2010 and sat until April 2011 when the price chop set in. Now it is September and it is still languishing on the market. Will it go under five million this time around?
· Listing: 2151 Dunmore N.W. [Single Property Sites]
· Phillip's Park [official site]
· We Have No Idea Why Phillips Park Still Has Houses For Sale [CDC]