This house in Skokie still has not sold. Back on January 1st, 2006 the house was priced at 699K after a price reduction. I had written at the time "Despite its price reduction it is significantly overpriced. They should reprice it to 625K and see if it will sell."The price was reduced from 699K to 649K on 5/11/06 and subsequently reduced from 649K to 599K on 7/02/06.
It located at 3821 Sugar Loaf in Skokie, IL. [Chicago suburb] MLS number of 06003346. According to ZipRealty it has been on the market for 190 days. No one has been living in the house for many months as the owners live in one of the Carolinas.
Previous Posts:
Falling Sign, Falling Price. (1/1/06)
Update: House For Sale in Skokie, IL (3/10/06)
Update: Seller Refuses to Lower Price (4/16/06)
Will it sell at 599K?
Probably not! They should reduce it once more to 549K and see if it sells.
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