Well, active to pending in 92127 is 101/44 for houses under a million and 154/20 for houses over a million and 5 of those have been in escrow since 2007 and one says it has been there since 2006. I had posted on the Mira Mesa thread that we might see some traffic, but also correspondingly high failed escrows when the spring shakes out. We will see but this doesn’t look good, or bad, depending on your perspective. If I got it right that’s a CRACK. If I were a “must sell” I’d drop price too. This kind of pricing could have another effect…cause people to cancel more escrows. What if they check into piggington’s today? Instant “buyer’s remorse”.I am surprised this site doesn’t get hacked!
CV on the other hand is 59/33 for houses under a million and that is indeed “on fire” for houses over a million it is 116-20.One in escrow since 2007. This is all detached.
The 849k house that records clerk mentioned went into escrow 4/7/08.