Business

Sharon Stone among celebrities whose home prices have taken a hit

Kurt RussellSharon StoneAlan ThickeGoldie Hawn

Joining the ranks of those whose home prices were pummeled during the housing bust is Sharon Stone. The actress just sold her palatial place in the 90210 ZIP Code for 40% less than she paid for it.

The "Basic Instinct" star bought the secluded five acres in 2006 for $10.995 million, then spent much of the last six years with the contemporary Mediterranean on the market for sale or lease until she unloaded it this week for $6.575 million.

Among other celebrities hacking away at their asking prices are Goldie Hawn and Kurt Russell, whose Malibu beach house is now listed at $9.95 million — nearly 33% less than it was last summer.

Back on the market, too, is Alan Thicke’s tennis court estate in Toluca Lake. Priced at $4.8 million two years ago, it is now set at $3,824,500 — about a 20% drop. No worries, however; public records show he bought the Spanish Colonial house in 1986 for $627,500.

ALSO:

Home prices fall in September, the first drop in months

Celebrities and the wealthy find ways to keep home sales secret

Sellers' return to housing market could be slow, surveys indicate

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Kurt RussellSharon StoneAlan ThickeGoldie Hawn
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