I have another listing on my little street, 2 doors down from the current townhome. (Realtors, it’s Creek Park Lane).

I stopped by during the realtor Open House yesterday, where not a single realtor stopped by. The listing agent told me he was holding a broker tour, and when the owner returned home, saying, “You told me to go out for an hour”, he said the broker tour was winding down. There wasn’t a single broker who came by! At least he was honest, and didn’t say there were any coming by.

I chatted with the owner, my neighbor, and she said that SD has a strong economy, esp. in defense contracting and the military.

I didn’t have the heart to tell her that military families don’t have the income to buy $540K townhouses.

The identical floorplan 2 houses down is reduced now to $499K. It has been on the market since February. The new listing is a little nicer, corner lot and nicer yard, but same old 1980’s kitchen. What do you think these townhouses are worth, realtors? My guess is mid 400s.