Price choppers near the beach
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Two of our favorite blogs, Westside Bubble and Manhattan Beach Confidential, are seeing some price-chopping.
In Manhattan Beach, try to guess what the next move is on the house pictured at right:
Listed June 28 at $2.899 million
Reduced July 20 by $100,000 to $2.799 million
Reduced August 19 by $100,000 to $2.699 million
Reduced Sept. 5 by $100,000 to $2.599 million
Reduced Sept. 25 by $100,000 to $2.499 million
Westside Bubble, meantime, finds 10 listings in Santa Monica and Mar Vista that have been reduced by 15% or more. The Biggest Loser (and we mean that in a good, complimentary way, like the TV show) is a cemetery-adjacent 3-bedroom in Santa Monica, which has lost 42% off its asking price, from $1.28 million down to $745,000.
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