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December Holiday “Specials”: Buy Now or Pay More Later

A bunch of price reductions are suddenly appearing as “specials” for the month of December.  These are not through developers, but for regular condos or single family homes.

Some of them are like this house in Edgewater.  The Craigslist post says “Dec. Special – 75k off”.

5857-n-winthrop-december-special.jpg

5857 N. Winthrop is a 1905 3 bedroom, 2 bath, 2 car garage Victorian.

  • Currently listed for $699,975
  • Ron Goldstein at Sudler Sotheby’s has the listing

 5857-n-winthrop-kitchen.jpg

5857-n-winthrop-backyard.jpg

5857-n-winthrop-livingroom-_2.jpg

5857-n-winthrop-library.jpg

The listing agent says “carpe diem” on the Craigslist post.  Is it really time to “seize the day”?

My other question is, after December, does the price go back up?  The listing says “December only.”

Just wondering.

This entry was posted on Thursday, December 13th, 2007 at 2:30 pm and is filed under Edgewater. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “December Holiday “Specials”: Buy Now or Pay More Later”

  1. I foresee a January-only special of $100,000 off.

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  2. Exactly. From the pictures (with their summertime foliage), I’m presuming this house has been on the market a LONG time already.

    Is no one else disturbed by a fairly smallish home trying to sell for about $800,000 in Edgewater? (The original asking price) Seems crazy to me (even though I personally like the Edgewater neighborhood.)

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