There's no denying it's been a tough couple of years for luxury real estate but how have our estate of the day properties fared this year? I decided to break it down, month by month to see what is still on the market. Today we are looking at June which saw one of the year's most expensive properties, Colorado's Flying Dog Ranch which is now also one of the year's biggest price drops. Once listed at $56 million, it now sits at $46.2 million. One property that didn't have a price cut is the Frick Estate in Alpine, New Jersey which is still at $68 million. The elaborate Villa Collina in Knoxville, Tennessee also had a huge price cut, from $21 million to $12.5 million. More after the jump.
Sunday, January 2, 2011
Estate of the Day
There's no denying it's been a tough couple of years for luxury real estate but how have our estate of the day properties fared this year? I decided to break it down, month by month to see what is still on the market. Today we are looking at June which saw one of the year's most expensive properties, Colorado's Flying Dog Ranch which is now also one of the year's biggest price drops. Once listed at $56 million, it now sits at $46.2 million. One property that didn't have a price cut is the Frick Estate in Alpine, New Jersey which is still at $68 million. The elaborate Villa Collina in Knoxville, Tennessee also had a huge price cut, from $21 million to $12.5 million. More after the jump.
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