Black Friday property deals abound as house prices drop in desirable cities

Black Friday is hereā€”and with it, a slew of impressive deals and steals, even in the real estate market.

One of the best things about Thanksgiving (besides the great food!) is the incredible shopping opportunities, and this year even homes in some of the most desirable cities in the US are seeing their prices slashed.

In honor of the holiday, we found five deeply discounted homes that have had their prices reduced by at least $100,000.

But far from being backward bargains, these properties are actually in some of the most sought-after places in the country: America’s biggest cities.

From a heavily discounted Manhattan wonder to a fabulous Phoenix abode, there’s a real estate steal to suit every taste this holiday season.

Price: $589,000

Recently reduced by $110,900: This brand new construction originally went on the market a few weeks ago for $699,900.

Four-bedroom Houston home boasts 2,000 square feet of stylish living space in the Tower Oaks neighborhood. The open floor plan features a modern kitchen with custom blue cabinets and a master suite with a soaking tub and double vanities.


Chicago skyline at golden hour
A three-bedroom apartment in Chicago has seen a price cut of $115,000. Getty Images

Price: $985,000

Recently reduced by $115,000: This three-bedroom unit at Water Tower Condominiums originally went on the market in July for $1,100,000.

The 2,754-square-foot corner unit perched above the Ritz-Carlton Hotel is surrounded by panoramic views of Chicago and Lake Michigan. The modernized residence features a kitchen with a pantry and a master suite with a bathroom and double closets.

An association fee of $2,388 per month provides access to hotel amenities, including a spa, fitness center and indoor pool.

Price: $2,150,000

Recently reduced by $150,000: This loft-style condo originally went on the market a few weeks ago for $2,300,000.

The Manhattan unit boasts a two-story living room with a coffered ceiling and large windows offering views of the city. A modern galley kitchen has high-end appliances. The master suite above boasts a soaking tub and double vanity.

A $4,341 monthly association fee provides access to a fitness center and indoor pool.


A view of downtown Los Angeles California with palm trees in the foreground
A multi-family home in Los Angeles has dropped in price by $300,000 Getty Images/iStockphoto

Price: $2,350,000

Recently reduced by $300,000: This multi-family residence originally went on the market a few weeks ago for $2,650,000.

Built in 1931, the Spanish-style fourplex in Beverlywood offers income potential. French doors, Juliet balconies, high ceilings and distinctive archways can be found in each of the one bedroom units. Plus, the homes include detached garages, with one car per unit.

The property is also being offered along with 1226 Smithwood for a combined asking price of $5,300,000.

Price: $2,500,000

Recently reduced by $100,000: This three-bedroom residence originally went on the market a few weeks ago for $2,600,000.

Built in 1996, the 2,863-square-foot residence located in the guard-gated Biltmore Estates boasts views of Phoenix Mountain Preserve. The modernized single-level Phoenix condo features white oak floors, an elegant kitchen with quartz countertops, and a master suite with a soaking tub.

The property also has a three-car garage and a heated pool with a hot tub.

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Image Source : nypost.com

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