I did not personally see the 540k listing. 2/2’s don’t attract me. I know the units there pretty much cut and dry. I think your prospect seller had a 2/2, not 3/2.5..Nor was it in a prime location.
I believe your seller wanted to list his/her 2/2 at $540k, which was what a 2/2 commanded AT PEAK in 2004.
My point was that the 3/2.5 (not 2/2) in the link is close to $550k. So someone with a 2/2 that has listed (or planing to list ) at $540k is still smoking crack.
There’s also a bank owned 3/2.5 1584 (largest 3 bedroom) selling for $584k. No takers yet, to my understanding. Not the best location, as the front faces Ellijah Ct (?) between the complex and where Carmel Pointe is.
There are a couple of other 1533 units just listed in the $620k-$640k..Uh, good luck.
The fact that both bank owned and short sale units have been on the markets for that many days should be an indication where the condo market in CV is heading.
Also, check out all the for sale units from the condo-converts Carmel Pointe across the street. Whay too much attached inventory imho.
If the 3/2.5 come down to the mid $350-400k, I might be interested again. But, I do know also that they complex has a few issues. There’s been a couple of units with water main breaks (seems like inferior piping). And I think they ran the gas lines under where they planted shubbery that requires a lot of watering. There was a time when the gas company had to shut off the lines to because a leak occured from a suspected gas line corrosion.
