A tactical guide to pricing: keep 'em guessing
/62 Brookridge Road is back on the market, with a new broker, the third, and a new price, the fourth, of $6.450 million; it had expired unsold this past September 13, while priced at $5.975.
The pricing history is interesting:’
Paid $4.5 in October 2017
Listed at $6.450 in September 2020, expired February 28, 2021
Listed at $6.495 12 days later, 3/12/21
Dropped to $5.975, expired September 13, 2021
Listed again 12/01/21 at $6.450
Nothing says you can’t raise your price — even twice — and in this market, what didn’t sell one month could sell for more three months later. Certainly, we’ve seen a number of houses that wouldn’t sell in 2019 and even 2020 sell for a new, higher price this year..
I’m not sure whether Brookridge is the street to try that on, but we’ll find out.