And just like the Malibu property, its original listing price was also reduced.
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DLF, India's largest real estate company, is still quoting a third below its July 2007 listing price.
Usually when a home has been on the market over a year, the listing price gets a chop or two.
The home's listing agent, Mayi de la Vega of Sotheby's International Realty, says the listing price was raised because home underwent restorations and updates when it was taken off the market.
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The listing price is now being raised because the "the luxury market in the Desert has had an upward trajectory, " says Eric Lavey of Teles Properties in Beverly Hills, who shares the listing with Mike Patakas of Keller Williams Realty.
From controversial metrics in our S1 to our material weakness to two quarters of missing our own expectations and a stock price that's hovering around one quarter of our listing price, the events of the last year-and-a-half speak for themselves.
Among all non-foreclosure homes for sale on Trulia, in early January, 33.6% of homes were priced lower than their original listing price. (For homes originally listed more than six months ago, we compared the current price to the price six months ago, not the original price.) One year ago, in early January 2012, 36.7% of homes for sale were marked down from their original listing price.
Lawyers say the signs in the lobby listing the price of admission with the word "recommended" below in smaller type violate a 1893 law mandating the public be admitted free of charge at least five days and two evenings per week in exchange for monetary grants and rent-free use of city-owned land.
Investors who bought into China fever, and were impressed by a NASDAQ listing, paid the price.
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He listed the company in Hong Kong in 2006 after Singapore rejected the listing and the stock price has been climbing ever since (he still controls more than half of it).
Of course, some Manhattan brokers are now warning of listing shortages and potential price increases this year, as the inventory of co-ops and condominiums on the market are at the lowest level in a decade.
That is, over the past generation the most selective schools in the country got into the habit of listing a high sticker price and then discounting that price as needed in order to fill a class.
For multinationals, one benefit of listing in China is the high price investors there are willing to pay for shares.
"Companies seek a listing not just because they can flog their shares at a high price after a few fantastic years of profit but because listing gives them the ability to raise capital efficiently and cheaply, " says Jonathan Dutton, an analyst for brokerage SBC Warburg Securities in Seoul.
The firm had been criticised for a sharp rise in its original flotation price target shortly before its listing.
Meanwhile, the share price of the smaller Bank of Communications (BoCom) has doubled since listing last year.
Next to each listing is a colored bar showing each stock's up-to-the-minute price.
Merely five days after a listing flyer hit my mail box, the unit was already in contract for the full asking price.
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According to the listing, Keena has made a few upgrades to justify the 7.1 percent uptick in price, including having new electrical installed throughout the home.
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Ask any agent: even in the toughest markets, there are listing that sell quickly, mostly because the one-two punch of the property and its price look to buyers like a very strong value.
Etsy makes money by charging sellers a listing fee of 20 cents for each item and receiving a 3.5% commission on the price of each sale.
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