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August 30, 2010

Update: 238 Olive Condos Return with Refreshed Prices

I stopped in to see the newly built condos in mid June over at 238 Olive. I liked the overall finishes and spaces, but questioned just how many people would want to live on that particular street.

Two of the eight 2BR/2BA condos are in contract, and one is closing next week, according to the listing agent. Prices originally ranged from $739,000-$819,000. However, the remaining five condos took a summer hiatus; they’ll be back in mid September priced from $699,000-$789,000. Though the location isn’t the most desirable in the world (I’ve never yet met a buyer who preferred to live on the “Van Ness/Civic Center” corridor), it is convenient to a lot of other neighborhoods, and the new pricing may make up for that factor.

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