“No one sale should make or break a neighborhood.”

I do agree with that. But I don’t think this will be limited to just one. The foreclosure property found a buyer when the price went down to $515,000. Are there any more?

Answer is yes.

xx7 CAMINO HERMOSO, San Marcos, CA 92078
same sqft, same model. Not in foreclosure. But obvsiously wants to get out before it is too late. Priced at $549,900 – $579,900

So we now have 2 homes both at 2,358 sqft, one sold at $515,000 and let’s assume the second one find a buyer for $550,000. Can the comp for the rest of 2,358 sqft homes still be in the $600,000’s?