Recently, a number of condo developments, both new and conversions, adjusted prices downward.
Luxe – reduced prices on a number of units between $25,000 to $30,000.
Queen Anne High School – recent adjustments on select units ranged from $10,000 to $99,000. For these units, the aggregate reductions ranged from $40,000 to $300,000 since they were originally listed in the NWMLS.
The Pittsburgh – reduced prices on select units in the $35,000 to $40,000 range.
22 West Lee – a few units were dropped $40,000 to $50,000. One unit reflected a $140,000 price reduction since it was originally listed.
NoMa – select units were reduced $20,000 up to $80,000 in the past few weeks.
Beacon Flats – the adjustments were only $4,000 but the units are under $200,000.
One Main Street – hmm…$1,000 price reductions.