Quote from a guy who ran some comps on Jim’s blog (before he saw the sales price): “So they might have given up a couple of hundred square feet for free, but if they got anywhere above $1.3M I’d say they got full retail.”

Well, turns out they gave about a 25% discount from full retail. Full retail in today’s market, that is, as the comps all closed in September. So that’s somewhat more than 25% off peak full price.

Of course, he had to sell, and he had to sell fast. So it’s not really a typical sale. But as we get more people who have to sell, and have to sell fast, it might be typical.