“Buyer has bought low and can afford to kill the market”
Contrasts with
“Short sale” and “perhaps he refinanced a few times and now wants to get rid of all his debt problems”
The listing price is irrelevant in a short sale situation. They could be desparate to get out and put it on very very low to create a bidding frenzy to get the highest offer possible on the table in a very short period of time to see whether the bank will go for it. When the house closes for that price you will have a meaningful data point. Right now its meaningless.