Sale Rack Top 10

Retailers aren’t the only ones slashing prices this fall to attract shoppers. ZipRealty’s Sale Rack finds home sellers are aggressively reducing their asking prices, many by more than two thirds of the original list prices and tens of thousands of dollars in markets nationwide. See the Top Ten

For more price reduced homes see the ZipRealty Sales Rack

Super Luxury Sales Rack Homes

This slideshow is of the SUPER LUXE BIN: The top 5 most price reduced homes that had a list price that started over $5 million. ZipRealty’s Sale Rack searches for top discounts in all price ranges to find home sellers that are aggressively reducing their asking prices. See the Top Five in the Super Luxe Bin

Sale Rack Data -- National and Price Bands

ZipRealty sorted through more than 1.1 million “for sale” homes across 35 of the nation’s largest housing markets and collected the most discounted homes (by percentage) across various price bands to compile its Sale Rack Report. To see more homes that are on the Sale Rack.

According to the Sale Rack Report, the top 10 most discounted homes (by percentage) are:
National
Rank	Street Address	City	State	Home Details	Orginal List Price	List Price	Price Reduction	Percent Change
1	W. 60 ST.	Hialeah	FL	2 BR 2 BA	$173,000	$59,900	($113,100)	65.38%
2	EPHRAIM AVE.	Fort Myers	FL	3 BR 2 BA	$179,000	$62,000	($117,000)	65.36%
3	ROUTE 6	Truro	MA	2 BR 1 BA	$895,000	$310,000	($585,000)	65.36%
4	NE 199 ST.	Miami	FL	2 BR 1 BA	$199,000	$69,000	($130,000)	65.33%
5	KING ARTHUR CT.	Northlake	IL	2 BR 1.5 BA	$150,000	$52,000	($98,000)	65.33%
6	NEWCASTLE AVE.	Westchester	IL	3 BR 1 BA	$216,000	$74,900	($141,000)	65.32%
7	W. HORIZONS	Boynton Beach	FL	1 BR 1.5 BA	$115,000	$39,900	($75,100)	65.30%
8	PINEVILLE DR.	Lake Worth	FL	5 BR 4 BA	$994,000	$345,000	($649,000)	65.29%
9	NE 191 ST.	Miami	FL	2 BR 2 BA	$169,990	$59,000	($110,990)	65.29%
10	W. GLENWOOD AVE.	Turlock	CA	5 BR 2.5 BA	$850,000	$295,000	($555,000)	65.29%
Also according to the Sale Rack Report, the top 10 most discounted homes (by absolute dollars) are:
National
Rank	Street Address	City	State	Home Details	Orginal List Price	List Price	Price Reduction	Percent Change
1	S. BEACH RD.	Hobe Sound	FL	9 BR 13 BA	$52,000,000	$29,900,000	($22,100,000)	42.50%
2	DUNES VIEW ROAD	Rancho Mirage	CA	6 BR 26 BA	$75,000,000	$55,000,000	($20,000,000)	26.67%
3	S. PERRY PARK RD.	Sedalia	CO	6 BR 8 BA	$38,000,000	$19,995,000	($18,005,000)	47.38%
4	PACIFIC COAST HWY.	Malibu	CA	4 BR 3.5 BA	$32,000,000	$16,950,000	($15,050,000)	47.03%
5	BORDER AVE.	Del Mar	CA	9 BR 6 BA	$76,000,000	$61,000,000	($15,000,000)	19.74%
6	W. POTRERO RD.	Thousand Oaks	CA	9 BR 15 BA	$50,000,000	$35,000,000	($15,000,000)	30.00%
7	WYE NARROWS DR.	Queenstown	MD	9 BR 10.5 BA	$29,500,000	$14,950,000	($14,550,000)	49.32%
8	INDIAN MOUND RD.	Wellington	FL	3 BR 8 BA	$53,000,000	$39,500,000	($13,500,000)	25.47%
9	WESTWOOD DR.	Bedford Corners	NY	8 BR 9 BA	$43,000,000	$30,000,000	($13,000,000)	30.23%
10	DELFERN DR.	Los Angeles	CA	5 BR 7.5 BA	$49,500,000	$37,950,000	($11,550,000)	23.33%
CLEARANCE BIN:
The top 5 most price reduced homes under $199,999:
Rank	Street Address	City	State	Home Details	Orginal List Price	List Price	Price Reduction	Percent Change
1	W. 60 ST.	Hialeah	FL	2 BR 2 BA	$173,000	$59,900	($113,100)	65.38%
2	EPHRAIM AVE.	Fort Myers	FL	3 BR 2 BA	$179,000	$62,000	($117,000)	65.36%
3	NE 199 ST.	Miami	FL	2 BR 1 BA	$199,000	$69,000	($130,000)	65.33%
4	KING ARTHUR CT.	Northlake	IL	2 BR 1.5 BA	$150,000	$52,000	($98,000)	65.33%
5	W. HORIZONS	Boynton Beach	FL	1 BR 1.5 BA	$115,000	$39,900	($75,100)	65.30%
MOVE-UP BIN:
The top 5 most price reduced homes from $200,000 to $499,999:
Rank	Street Address	City	State	Home Details	Orginal List Price	List Price	Price Reduction	Percent Change
1	NEWCASTLE AVE.	Westchester	IL	3 BR 1 BA	$216,000	$74,900	($141,100)	65.32%
2	S.E. 3RD AVE.	Delray Beach	FL	2 BR 1 BA	$429,000	$149,000	($280,000)	65.27%
3	S.W. 107 PL.	Miami	FL	4 BR 2 BA	$350,000	$122,000	($228,000)	65.14%
4	S. OCEAN DR.	Fort Pierce	FL	1 BR 1 BA	$215,000	$75,000	($140,000)	65.12%
5	EDGEVALE RDG.	Fort Pierce	FL	3 BR 1 BA	$285,000	$99,500	($185,500)	65.09%
UPSCALE BIN:
The top 5 most price reduced homes from $500,000 to $999,999:
Rank	Street Address	City	State	Home Details	Orginal List Price	List Price	Price Reduction	Percent Change
1	ROUTE 6	Truro	MA	2 BR 1 BA	$895,000	$310,000	($585,000)	65.36%
2	PINEVILLE DR.	Lake Worth	FL	5 BR 4 BA	$994,000	$345,000	($649,000)	65.29%
3	W. GLENWOOD AVE.	Turlock	CA	5 BR 2.5 BA	$850,000	$295,000	($555,000)	65.29%
4	N. TALMAN ST.	West Town	IL	3 BR 2.5 BA	$729,000	$254,150	($474,850)	65.14%
5	N. 30 DR.	Phoenix	AZ	3 BR 2.5 BA	$570,000	$200,000	($370,000)	64.91%
LUXURY BIN:
The top 5 most price reduced homes from $1 million to $4.99 million:
Rank	Street Address	City	State	Home Details	Orginal List Price	List Price	Price Reduction	Percent Change
1	BARTHOLOW RD.	Eldersburg	MD	3 BR 2 BA	$1,500,000	$525,000	($975,000)	65.00%
2	W. CANTON AVE.	Winter Park	FL	2 BR 1 BA	$1,000,000	$350,000	($650,000)	65.00%
3	N. BAYSHORE DR.	Miami Shores	FL	5 BR 4.5 BA	$2,795,000	$995,000	($1,800,000)	64.40%
4	WILLIS POND	Taunton	MA	3 BR 1.5 BA	$1,400,000	$500,000	($900,000)	64.29%
5	CONN. RIVER RD.	East Haddam	CT	3 BR 2.5 BA	$1,200,000	$429,000	($771,000)	64.25%
SUPER LUXE BIN:
The top 5 most price reduced homes over $5 million:
Rank	Street Address	City	State	Home Details	Orginal List Price	List Price	Price Reduction	Percent Change
1	HOWELL PT.	Winter Park	FL	6 BR 5.5 BA	$5,450,000	$1,995,000	($3,455,000)	63.39%
2	BLACK MOUNTAIN	Ellijay	GA	4 BR 5.5 BA	$6,700,000	$2,950,000	($3,750,000)	55.97%
3	WILSHIRE BLVD.	Westwood (Los Angeles)	CA	2 BR 3 BA	$6,500,000	$2,950,000	($3,550,000)	54.62%
4	STRAWBERRY LN.	Niwot	CO	6 BR 8 BA	$5,999,000	$2,750,000	($3,249,000)	54.16%
5	E. HAPPY VALLEY	Scottsdale	AZ	6 BR 6 BA	$5,600,000	$2,600,000	($3,000,000)	53.57%