That’s interesting, a foreclosure (in a nice neighborhood) selling at the list price, no higher.
I’ve heard a lot of talk lately about foreclosures selling above the list price – this figure is just an attractive number to get people in the door and into a “bidding frenzy”. Obviously no bidding war here.
Yeah, that’s a big drop – especially for a nice north coastal town.
Of coures Zillow’s estimate for this home is $597k – over $100k higher than the recent purchase price.