Just when it looked as if all the pricing problems had been shaken out of the Verona real estate market, we get a weekend like this: Eight listings with price corrections.
Some are minor adjustments, like the $10,000 taken off the asking price at the fully renovated single-family house at 109 Forest Avenue. Some are more significant, like the $40,000 reduction at 2 Claridge Drive Unit 5AW, a renovated 1 bed condo.
But potential sellers should not despair. Closing prices in Verona recovered significantly in the first half of 2013, and 31% of all closes took place at a figure above the final asking price.
Here’s what’s happening on the final week of July:
New Listings
28 Wedgewood Drive #42: 1 bed, 1 bath condo. New windows and dishwasher. $175,000.
349 Bloomfield Avenue #23: 2 bed, 1 bath condo. Close to NYC bus. $220,000.
349 Bloomfield Avenue #84: 2 bed, 1 bath condo. Modern kitchen. $220,000.
32 Hamilton Road: 2 bed, 1 bath. Enclosed porch, detached 1-car garage. $349,900.
3 Amy Court: 4 beds, 3 baths. Bi-level with newer kitchen, 2 decks. $489,900.
52 Oakridge Road: 3 beds, 3 baths. fully renovated. Eat-in kitchen, finished basement. $684,900. Open house Sunday 2 to 4 p.m.
Open Houses
15 Lynwood Road: 3 beds, 2 baths. Family room addition, quiet street. $395,000. Open house Sunday, 1 to 4 p.m.
3 Amy Court: 4 beds, 3 baths. Bi-level with newer kitchen, 2 decks. $489,900. Open house Sunday, 1 to 4 p.m.
22 Hemlock Drive: 4 beds, 2 1/2 baths. Master bedroom with bath, deck. Cut $44,000 to $525,000. Open house Sunday, 1 to 4 p.m.
52 Oakridge Road: 3 beds, 3 baths. fully renovated. Eat-in kitchen, finished basement. $684,900. Open house Sunday 2 to 4 p.m.
Price Changes
54 Park Avenue #5: 1 bed, 1 bath condo. Second-floor unit with balcony. Cut $10,000 to $159,000.
1 Claridge Drive #510: 1 bed, 1 bath. Condo. Cut $20,000 to $159,900.
2 Claridge Drive Unit 5AW: 1 bed , 1 1/2. Condo renovated 2009. Cut $40,000 $270,000.
116 South Prospect Street: 3 beds, 2 baths. Hardwood floors, finished basement. Cut $25,000 to $400,000.
49 Cypress Avenue: 3 beds, 2 baths. Split-level on dead-end street. Cut $25,000 to $424,900.
109 Forest Avenue: 2 beds, 1 1/2 baths. Fully renovated, open first floor, bluestone patio. Cut $10,000 to $489,000.
22 Hemlock Drive: 4 beds, 2 1/2 baths. Master bedroom with bath, deck. Cut $44,000 to $525,000. Open house Sunday, 1 to 4 p.m.
35 Mountain Road: 5 beds, 3 1/2 baths. Tudor with original woodwork. Master suite, screened porch. Cut $39,000 to $790,000.
