Happy Birthday!

By
Commercial Real Estate Agent with Contour Investment Properties

Perusing the MLS today, I noticed my business partner had a listing that was 2,181 days old. On Thursday next week, that listing will celebrate its sixth birthday! The listing is for a vacant residential lot in a small Wyoming town that doesn't see a lot of activity.

So that made me wonder...what's the oldest active listing on our MLS?

 

...drumroll...

 

And, in a field of 2,287 active listings, the award goes to MLS 06-699, which celebrated its NINTH birthday just two days ago! Yes, an astounding 3,288 days on market, and still waiting for that perfect buyer... The price has been reduced from an original $268,000 in 2006 and could be yours for only $73,000 today. Call now to reserve your very own 3.6 acres in the Broken Hills Subdivision, just outside Pinedale, WY. The most recent price reduction was just over 3 years ago...

 

What's your oldest listing?

Posted by

Tim Bradley
Owner/Broker
Contour Investment Properties
172 Center Street, Suite 200
PO Box 1152
Jackson, WY 83001
(307) 733-6400
www.contourproperties.com

CCIM logoTim Bradley is an owner of Contour Investment Properties, the only brokerage firm in Jackson exclusively focused on commercial and investment property in Jackson Hole and Teton Valley. Tim has earned the MAI designation from the Appraisal Institute as well as the CCIM designation from the CCIM Institute.

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Rainmaker
19,483
Ian Bush
Ian Bush Homes - Ashburn, VA
Ian Bush, Loudoun County's Favorite Realtor

I have a great opportunity for a buyer at 11867 Ropp Lane, Lovettsville, VA that has been on the market for over 100 days. (http://www.loudoun-homes.com/idx/mls-lo8477136-11867_ropp_ln_lovettsville_va_20180). 

Truth is, it is a great property, but needs work, and a lot of buyers aren't seeing the potential. Someone is going to get a great deal on this home and its 13.37 acres at $449K, and be very happy for it.

Mar 04, 2015 05:54 AM #1
Ambassador
3,678,450
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Other than new construction, our oldest is only 900 days.  It's a totally spectacular penthouse at the Watergate.  Could be yours for just under $3million, and worth every nickel. 

Dec 15, 2015 09:04 AM #2
Rainmaker
744,148
Rob D. Shepherd
Windermere/lane county - Florence, OR
Principal Broker GRI, SRES

I closed escrow on it last month at 855 days on the market. Longest ever for me.

Dec 19, 2015 09:30 PM #3
Ambassador
3,678,450
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Hi, Tim!

I included this post in today's "Last Week's Favorites".  Enjoy the rest of your weekend!

Dec 19, 2015 09:33 PM #4
Rainmaker
1,236,643
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

All I can say is WHAT???  I think most listings get pulled after a period of time if they are not selling.  Of course as I say that, the house next to us was put on Market in 2006 - pulled once to refresh and sold in 2013... We have great neighbors now! 

Dec 19, 2015 10:08 PM #5
Rainmaker
579,424
Pat Starnes-Front Gate Realty
Front Gate Real Estate - Brandon, MS
601-991-2900 Office; 601-278-4513 Cell

Wow. That's a long time for property to be on the market; slightly more understanding for land, but still! Loyalty to one's listing agent is one thing; having a stale listing on the market is something else. It's hard to imagine a nine year listing!

Dec 19, 2015 11:27 PM #6
Rainmaker
3,158,507
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Wholly molly!  YOu would think they might relist and get that DOM reticking!

Dec 19, 2015 11:37 PM #7
Ambassador
4,013,839
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Fun post. Every now and then I look. Right now in our MLS we have 2 LONG listings - the runner-up is also the most expensive listing in San Diego County at $49M, an oceanfront property on 6 acres, first listed back in 2007. The winner was listed back in 2004, on the market for 4098 days at $1.4M - a beach cottage with the adjacent lot. My personal longest listing was about 7 months

Dec 20, 2015 03:01 AM #8
Rainmaker
288,556
Tim Bradley
Contour Investment Properties - Jackson Hole, WY
Commercial Real Estate Expert in Jackson Hole, WY

Thanks for all the comments, folks! I checked back in with our MLS, and MLS 06-699 is still active, now at 3,580 days and counting...

Dec 21, 2015 01:42 AM #9
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Rainmaker
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Tim Bradley

Commercial Real Estate Expert in Jackson Hole, WY
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