Sorry to offer up further detail and then disappear for a few days. Just been too busy since I posted last.
Anyway, the Silhouettes were first offered at starting prices of $780K, $860K, and $880K for the plans 1, 2, and 3 respectively. This was in the beginning of March 2006.
They had the phase 1A release around the first week and here were the actual plans and prices:
I believe exactly 2 of those went into contract (can’t say whether those ulimately closed). This prompted them to reduce the starting prices to $750, $830, and $830 within about 3 weeks.
In July, they lower the price of the 1C above to $711,595. It was in the MLS until two weeks ago, don’t know if it sold, but maybe not, based on what you’re saying.
Same timeframe (July) they listed a plan 3 for $810,965. Not quite as big a drop, but they reduced it to $798,451 at the end of September, $734,451 in the middle of November and it finally closed escrow for $714,451 on December 28.
So from this, you can see that you should offer at most $675 for a plan 1 (and please don’t take this to mean it shouldn’t be or won’t go lower than that). They’ve only built 12 so far and still haven’t sold all of them, so that’ll give you an idea of your negotiating power.
Also, I have an options price list and I know you were interested, but kind of hard to get that to you, but again if you have specifc questions… (and I’ll try to respond more quickly this time!)
