Sellers everywhere have had to shave asking prices to attract buyers -- even in Money's Best Places to Live. Here are homes with some of the biggest price cuts in the top 10 cities.
Original price: $1.095 million
Square feet: 3,483
A local landmark dubbed the Phineas Davenport House, this federal style house built in 1802 has generous room sizes with high ceilings. It has some great old-fashioned features, such as front and rear staircases, fireplaces in the living, dining and family rooms, and two screened-in porches.
There's also an eat-in kitchen with modern appliances, a pantry, playroom, study and office. The old barn, which is used as a garage, has been fabulously maintained and has additional play space for kids in the loft.
Outside, the nearly one-acre plot boasts perennial gardens and borders a 38-acre private meadow. It's also within a short walk of the 7,000-acre Blue Hills Reservation, which has 125 miles of hiking trails.
Milton lies just 10 miles south of central Boston. The home price boom ended a little earlier in the Boston metro area, according to the S&P/Case-Shiller Home Price index, with prices peaking in September 2005, nearly a year before the national average reached its high. Since then, values have dropped 20%.
Last updated July 22 2009: 8:10 AM ET
All pricing information came courtesy of Trulia.com